The company’s board has approved a commitment of up to ₹250 crore to B8 Fund I, a newly launched alternative investment fund (AIF). In an exchange filing, Info Edge said it has entered into a contribution agreement with the fund, which operates as a scheme under B8 Trust and is registered with SEBI as a Category II AIF.
The commitment will be routed through its subsidiary, Smartweb Internet Services Limited, which will act as sponsor and investment manager of the fund…

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