‹ All Posts
SAURABH SAHU

26th Nov · SEBI-Registered Analyst

Info Edge to Invest ₹75 Crore in Subsidiaries Smartweb and SIHL to Strengthen Digital & Investment Operations

Info Edge (India) Ltd., parent of ***** has approved fresh investments totaling **₹75 crore** into its wholly owned subsidiaries **Smartweb Internet Services Ltd** and **Startup Investments (Holding) Ltd (SIHL)**. The company will invest **₹5 crore** in Smartweb through **5,00,000 CCDs**, aimed at strengthening its financial position. Smartweb, incorporated in 2015, reported **₹41.39 crore turnover** and **₹5.03 crore profit** in FY25 and operates in internet services and investment advisory. A larger **₹70 crore** infusion into SIHL—via **2.9 million CCDs at ₹240 each**—will support new investment opportunities, including **AIF contributions**. SIHL, also a 100% subsidiary, focuses on tech investments and had a **net worth of –₹209.50 crore** in FY25. Both transactions are **related party**, **arm’s length**, and expected to close within 30 days. **Disclaimer:** For information only; not investment advice. **Follow for more:** Fast, reliable business & market updates. !infoedge

#WatchOutFor#StockInNews#Today’sTradingSetup#FundamentalViews#Post-ClosingCommentary
images.jpg
509 likes·23 comments