Info Edge has invested Rs. 66 Crores out of the approved Rs. 100 Crores in Redstart Labs (India) Limited as of February 2, 2026. The remaining Rs. 34 Crores will be disbursed in one or more tranches, based on future fund requirements. This investment aims to align with the objectives articulated in the intimation dated November 3, 2025. There are no other changes to the information.
Investment in Redstart Labs
Info Edge has provided an update on its investment in Redstart Labs (India) Limited. As of February 2, 2026, the company has invested Rs. 66 Crores out of the total approved investment of Rs. 100 Crores.
Future Disbursements
The remaining amount of approximately Rs. 34 Crores is planned for disbursement in one or more tranches. These disbursements will be based on the future funding needs of Redstart and will remain consistent with the objectives previously outlined in the intimation from November 3, 2025.
No Change in Strategy
Info Edge confirms that there are no changes to the previously intimated information, except for the indicative time period for completion of the acquisition. The drawdown request may be received from Redstart from time to time and is expected to be within the next six months.
Source: BSE