Info Edge (India) Ltd

💰 Info Edge Invests ₹5 Crores in Subsidiary SIHL

• Investment Amount: ₹5 Crores

• Instrument: 233,535 Compulsorily Convertible Debentures (CCDs)

• Price per CCD: ₹214.10

• Subsidiary: Startup Investments (Holding) Limited (SIHL)

• SIHL Focus: Investments in tech companies and Alternative Investment Funds (AIFs)

• SIHL Incorporation Date: March 4, 2015

• Transaction Type: Related party transaction (SIHL is 100% owned by Info Edge)

• Completion Timeline: Within 30 days from approval

• Consideration: Cash