Info Edge (India) Limited has informed the Exchange about - Outcome of the Board Meeting - December 12, 2025 - Company Update on Investment in Startup Internet Services Ltd. and Agreement to Transfer entire stake held in Shopkirana E Trading Private Limited to Hiveloop E-Commerce Private Limited
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Info Edge's board, at its meeting on December 12, 2025, approved two key portfolio actions. First, the company provided an update on its investment in Startup Internet Services Ltd. Second, the board approved the transfer of its entire stake in Shopkirana E Trading Private Limited to Hiveloop E-Commerce Private Limited. The financial details of the Shopkirana stake transfer, including consideration and valuation, have not been disclosed in this filing. Shopkirana was a startup investment in the B2B grocery distribution space, not a core operating business for Info Edge.
This is a routine portfolio reshuffle for Info Edge, with no direct impact on its core recruitment (Naukri), real estate (99acres), or other primary businesses. Shareholders should watch for further disclosures on the value realised from the Shopkirana exit, but this is unlikely to move the stock meaningfully on its own.