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Info Edge’s arm to invest Rs 15 crore in Agstack Technologies

17 May 2024 Evaluate

Info Edge’s (India) wholly-owned subsidiary -- Startup Investments (Holding) (SIHL) has planned to invest about Rs 15 crore in Agstack Technologies. This follow on investment by the Company through SIHL 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. In addition to SIHL’s investment, the Company is also raising investment from other investors. The aggregate shareholding of the Company through SIHL, in the said entity would be 39.5% on a fully converted & diluted basis.

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

1054.50 7.10 (0.68%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
eClerx Services 1631.05
Info Edge 1054.50
Firstsource Solution 239.25
Affle 3i 1468.10
Hinduja Global Soln. 426.90
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