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Info Edge has approved fresh investments worth about INR 75 Cr (about $8.4 Mn) in two of its wholly-owned subsidiaries, Smartweb Internet Services and Startup Investments (Holding) Limited (SIHL)
In a stock exchange filing dated November 26, the company said its Committee of Executive Directors cleared an investment of INR 5 Cr in Smartweb and about INR 70 Cr in SIHL
Notably, via SIHL, InfoEdge has made many significant investments that include the likes of Ustraa, Gramophone, Rusk…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Info Edge has approved fresh investments worth about INR 75 Cr (about $8.4 Mn) in two of its wholly-owned subsidiaries, Smartweb Internet Services and Startup Investments (Holding) Limited (SIHL)
In a stock exchange filing dated November 26, the company said its Committee of Executive Directors cleared an investment of INR 5 Cr in Smartweb and about INR 70 Cr in SIHL
Notably, via SIHL, InfoEdge has made many significant investments that include the likes of Ustraa, Gramophone, Rusk…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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