Info Edge (India) Limited — JV/Acquisition, 03-01-2026: Acquisition
03-01-2026 | 08:50 pm
03-01-2026 | 08:50 pm
Info Edge is reorganizing its agri-tech portfolio. It's divesting its entire 50.94% stake in Gramophone to Unnati, valuing the stake at approximately 91.71 Cr. This transaction involves receiving a 15.75% stake in Unnati. Additionally, Info Edge is making a primary infusion of 35 Cr into Unnati, securing an extra 5.67% ownership. This strategic move consolidates Info Edge's presence in the agri-fintech sector, bringing its total holding in Unnati to 20.53%. Unnati operates a digital agri distribution and financing platform, aligning with Info Edge's long-term investment strategy.
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