Info Edge (India) Limited has announced a material related party transaction involving an investment commitment of up to ₹1,000 Cr by Karkardooma Trust in its IE Venture Investment Fund III. Following the investment management agreement between the trust’s trustee and Info Edge’s wholly owned subsidiary, Smartweb Internet Services, Karkardooma Trust is classified as a related party. This approval authorizes the company to enter or renew such transactions on board-approved terms, facilitating strategic capital deployment through its subsidiary, backed by strong shareholder support.