Tech
Info Edge To Invest INR 70 Cr In SIHL
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SUMMARY
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…
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