Info Edge (India) Limited announced that its Committee of Executive Directors approved an investment of approximately Rs. 30 Crores into Startup Investments (Holding) Limited (SIHL), a wholly-owned subsidiary. This funding is intended to help SIHL explore further investment opportunities, including contributions to Alternative Investment Funds (AIFs). SIHL, incorporated in 2015, focuses on direct and indirect tech investments. The transaction was conducted on an arm’s length basis.
Investment Approval Details
On February 17, 2026, Info Edge (India) Limited confirmed approval for a capital infusion of about Rs. 30 Crores into Startup Investments (Holding) Limited (SIHL). SIHL is currently a wholly-owned subsidiary of Info Edge, held directly and via Naukri Internet Services Ltd. The transaction is structured as the acquisition of 14,01,214 Compulsorily Convertible Debentures (“CCDs”) at an issue price of Rs. 214.10/- each (including a premium of Rs. 114.10/- per CCD).
Target Entity Profile: SIHL
Startup Investments (Holding) Limited (SIHL) was incorporated on March 4, 2015, and its primary business involves direct or indirect investments in tech companies and related activities, including managing investments in AIFs.
Financial Snapshot (as of March 31, 2025)
- Turnover: Nil
- PAT: 0.86 Rs. in crores
- Networth: (209.50) Rs. in crores
The turnover for the last three reported financial years (2022-23, 2023-24, and 2024-25) was reported as Nil across all periods.
Transaction Rationale and Compliance
The primary objective of this investment is to allow SIHL to explore and capitalize on future investment opportunities, including the ability to contribute to AIFs. Since SIHL is already a wholly-owned subsidiary, the transaction falls under the category of a related party transaction under the Companies Act, 2013. The company confirmed that the transaction was executed on an Arm’s Length basis. The completion of the acquisition is expected within 30 days of the approval date, utilizing Cash Consideration.
Source: BSE
