Info Edge (India) Limited has informed the Exchange about Outcome of the Board Meeting February 26, 2026 - Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
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Info Edge's board has approved signing a contribution agreement with B8 Fund I, a scheme of B8 Trust (a SEBI-registered Category II Alternative Investment Fund), to commit up to Rs. 250 crore in aggregate, invested directly and/or through wholly owned subsidiaries. Its wholly owned subsidiary Smartweb Internet Services will act as Sponsor and Investment Manager of the fund. The fund will invest in growth-stage tech-enabled companies in India. The scheme was launched on February 12, 2026, has an 8-year life (extendable by 2 years), and actual drawdowns will happen over the fund's lifetime on a need basis. The transaction is a related party deal once the investment management agreement is signed, conducted at arm's length, and is paid in cash.
This is a capital allocation move of up to Rs. 250 crore spread over several years, with no immediate large cash outflow — the actual deployment depends on drawdowns. It signals Info Edge deepening its external investment strategy in the Indian startup ecosystem, similar to its earlier investments, and may modestly tie up treasury funds for medium-to-long-term value creation.