NAUKRINSEInfo Edge (India) Limited· Computers - SoftwareMediumNeutral
Announced Wed, 24 Jun · 11:42 IST

Info Edge to invest about Rs 40 Cr in wholly-owned subsidiary SIHL

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Price reaction · full curve 14 horizons · vs prior close
-3.1%1-day move
₹1011.20
prior close
₹998.35
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AI summary

Info Edge (Naukri) will invest about Rs 40 Crores in its wholly-owned subsidiary Startup Investments (Holding) Limited (SIHL) through Compulsorily Convertible Debentures priced at Rs 214.10 each. Approved by the Committee of Executive Directors on June 24, 2026, the funds will help SIHL explore tech investment opportunities and contribute to AIFs. SIHL, incorporated in 2015, is a dedicated vehicle for investing in tech companies, with nil turnover and a networth of Rs 203.31 crores as on March 31, 2025. The transaction is done at arm's length, and SIHL remains wholly-owned post investment.

Likely market impact

Internal capital infusion into a wholly-owned investment arm for tech and AIF bets. No direct impact on core Naukri or 99acres operations or near-term revenue.