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Info Edge invests Rs 45 crore in Redstart Labs

22 Nov 2021 Evaluate

Info Edge (India) has invested an amount of about Rs 45 crore in Redstart Labs (India), wholly owned subsidiary of the company. Redstart is engaged in the business of providing all types of Internet services, development of software, consultancy, technical support for consumer companies, internet or SAAS providers, and any other services in the area of information technology and product development.

As part of company’s investments, the present investment allows company to strengthen the financial health of its mentioned wholly-owned subsidiary enabling it to offer improved services helping it to diversify, organically and/or inorganically, into other connected areas.

Info Edge (India) owns one of the leading job portals naukri.com. The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India.

Info Edge Share Price

1075.80 21.30 (2.02%)
20-Apr-2026 12:56 View Price Chart
Peers
Company Name CMP
eClerx Services 1654.40
Info Edge 1075.80
Firstsource Solution 236.80
Affle 3i 1451.60
Hinduja Global Soln. 421.90
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