Info Edge’s (India) wholly-owned subsidiary -- Redstart Labs (India) (Redstart) is all set to invest about $500,000 in SkyServe Inc. at the applicable exchange rate. This 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.
Skyserve provides Insights-as-a-Service platform enabling satellite-based edge computed insights for core industries and solution providers to scale faster and affordably. Skyserve feed multispectral imagery to models deployed on the edge and facilitate timely predictions.
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.