Info Edge to invest 5 crore in fashion commerce startup Bijnis
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On the reaction day the stock moved 0.5 pts less than Nifty Midcap 150 and 1.2 pts less than its Internet & Catalogue Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Info Edge's wholly owned unit will invest about 5 crore in Bizcrum Infotech, an associate, by subscribing to 23,683 Series B2 preference shares. The investment lifts its fully converted and diluted stake to 20.12%. It may also buy additional shares, but price and quantity are yet to be agreed. Bijnis operates a B2B and quick commerce platform for footwear and apparel; FY26 turnover was 113.89 crore and profit was 44.04 crore.
The deal expands exposure to a growing fashion commerce business but is small relative to Info Edge. Any additional share purchase is still unpriced.