NAUKRIBSEINFO EDGE (I) LTD· Computers - SoftwareLowNeutral
Announced Fri, 23 Oct, 2026 · 15:08 IST

Info Edge to invest 5 crore in fashion commerce startup Bijnis

Listed Co AcquisitionStrategic Transactions View source PDFExplain this filing

NAUKRI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-2.5%Reaction day
₹1217.50
prior close
₹1179.90
announcement price
In-mkt
timing
Nifty Midcap 150market-2.1%-0.5% vs market
Internet & Catalogue Retail peers, median of 7sector-1.3%-1.2% vs sector

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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UpDownMarket · Nifty Midcap 150Sector · Internet & Catalogue Retail peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

The deal expands exposure to a growing fashion commerce business but is small relative to Info Edge. Any additional share purchase is still unpriced.