Info Edge Investing ₹100 Crore in Wholly-Owned Subsidiary Redstart Labs

Info Edge has committed to invest approximately ₹100 Crore in its wholly-owned subsidiary, Redstart Labs (India) Limited. The investment aims to meet capital requirements and explore new investment opportunities. Redstart Labs, an Internet company, focuses on investments in tech companies and providing various Internet services, software development, and IT support.

Investment Overview

Info Edge will be investing around ₹100 Crore in Redstart Labs (India) Limited, its wholly-owned subsidiary. This decision was approved by the Board of Directors on November 3, 2025.

About Redstart Labs

Redstart Labs, established on July 7, 2020, operates as an Internet company. Its primary activities include direct and indirect investments in technology companies. It also provides a range of Internet services, encompassing software development, consultancy, and technical support for consumer companies and internet or SAAS providers. As of March 31, 2025, Redstart Labs reported a turnover of Nil, a PAT of ₹1.36 crore, and a net worth of ₹16.18 crore.

Purpose of Investment

The investment is intended to fulfill capital needs and pursue further investment prospects. Following this investment, Redstart Labs remains a wholly-owned subsidiary of Info Edge. The company has agreed to acquire 100,000,000 Equity Shares at face value of ₹10 each.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!