Info Edge (India) Limited — JV/Acquisition, 17-04-2026: Acquisition

Info Edge (India) is investing Rs. 10 Cr into Smartweb Internet Services Limited, its wholly-owned subsidiary. This capital infusion is set to strengthen Smartweb financially and meet its funding needs. Smartweb, which reported a turnover of Rs. 41.39 Cr and PAT of Rs. 5.03 Cr in FY25, operates in internet services and as an investment advisor. This strategic move reinforces Info Edge's existing ecosystem, allowing its subsidiary to pursue further growth initiatives while maintaining 100% ownership.