Redstart Labs (India) Ltd., a subsidiary of Info Edge, has agreed to invest approximately ₹46.81 Crores in Unboxrobotics Labs Private Limited. This follow-on investment aims to enhance value creation. As of March 31, 2025, Unbox Robotics reported a turnover of ₹13.51 Crores and a net worth of ₹45.26 Crores. After this investment, Info Edge will hold 9.29% stake in Unbox Robotics.
Investment Overview
Info Edge, through its subsidiary Redstart Labs (India) Ltd., is set to invest around ₹46.81 Crores in Unboxrobotics Labs Private Limited. The decision was made during a Board of Directors meeting held on December 23, 2025. This strategic move aligns with Info Edge’s investment strategy focused on long-term value creation.
Target Company Details
Unboxrobotics Labs Private Limited specializes in software-defined robotics systems for logistics and warehouse automation. Their offerings include autonomous mobile robots (AMR), robotic systems, and conveyor-based systems designed to improve intra-logistics operations. As of March 31, 2025, Unbox Robotics reported a turnover of ₹13.51 Crores, a loss of ₹(18.68) Crores, and a net worth of ₹45.26 Crores.
Transaction Details
The investment involves acquiring 1,927 securities through a mix of primary and secondary acquisitions. Specifically, 1,619 are 0.01% Compulsorily Convertible Preference Shares acquired primarily at ₹250,952 per share, totaling ₹406,291,288. Secondary acquisitions include 171 Equity Shares and 137 Compulsorily Convertible Preference Shares at ₹200,762 per share, amounting to ₹34,330,302 and ₹27,504,394, respectively. The aggregate investment sums up to ₹468,125,984.
Unbox Robotics’ Performance
In recent fiscal years, Unbox Robotics has demonstrated growth. The company’s turnover was ₹13.51 Crores in 2024-25, ₹5.79 Crores in 2023-2024, and ₹1.11 Crores in 2022-2023.
Strategic Rationale
This follow-on investment reinforces Info Edge’s commitment to external financial investments aimed at fostering value creation over the medium to long term. Post-investment, Info Edge, through Redstart, will hold approximately 9.29% stake in Unbox Robotics on a fully converted and diluted basis.
Source: BSE