MoneyWorks4Me

Info Edge’s arm to invest in Brainsight Technology

10 Jul 2023 Evaluate

Info Edge’s (India) wholly-owned subsidiary -- Redstart Labs (India) (Redstart) has agreed to invest Rs 98.94 lakh in Brainsight Technology. This follow on investment by the Company through Redstart is in furtherance of Company’s investment strategy, which includes making external financial investments that are focused on value creation in the medium to long term.

Brainsight Technology is engaged in the business of healthcare technology, where it uses AI enabled application to provide evidence-based treatment hooks for neurosurgeons, psychiatrists and neurologists; and a private and empathetic digital aid for patients, and related business activities

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.

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