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Info Edge invests ₹300 crore in its subsidiary Startup Investments
short by Purnima Rajput / on Sunday, 14 August, 2022
Noida-based IT firm Info Edge invested ₹300 crore in its fully-owned subsidiary Startup Investments (Holding) Limited (SIHL), the firm said in a regulatory filing. The capital will be used to explore other investment opportunities like contribution towards alternative investment funds (AIFs) managed by Info Edge-owned Smartweb Internet Services. Info Edge owns portals like Naukri and 99acres.
read more at Moneycontrol