The Board of Info Edge (India) at its meeting held on 05 February 2025 has approved entering into contribution agreement with IE Venture Investment Fund III, a scheme to be launched by Karkardooma Trust, registered with SEBI as a Category II Alternative Investment Fund under SEBI (Alternative Investment Funds) Regulations, 2012 to commit contribution of up to Rs.1,000 crore in aggregate, directly or through wholly owned subsidiaries, subject to approval of SEBI and shareholders of the Company. The contribution can be made by the Company directly or through wholly owned subsidiary(ies) in accordance with the multiple drawdowns by the fund over the years. Powered by Capital Market - Live News

Net profit of Info Edge (India) rose 60.56% to Rs 242.59 crore in the quarter ended December 2024 as against Rs 151.09 crore during the previous quarter ended December 2023. Sales rose 15.19% to Rs 722.40 crore in the quarter ended December 2024 as against Rs 627.12 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales722.40627.12 15 OPM %36.8029.18 - PBDT446.79210.95 112 PBT416.86185.14 125 NP242.59151.09 61 Powered by Capital Market - Live News

The Board of Info Edge (India) at its meeting held on 05 February 2025 has approved sub-division of equity shares of the company from one equity share of face value of Rs 10 into five equity shares of face value of Rs 2 each. Powered by Capital Market - Live News

Info Edge (India) has agreed to invest about Rs 90 crore in Startup Investments (Holding) (SIHL), a wholly owned subsidiary of the company.The present investment would help SIHL to explore investment opportunities including contribution to AIF(s) and other general purposes.The Company has agreed to acquire 4,193,849 Compulsorily Convertible Debentures (CCDs) at an issue price of Rs. 214.6/- each including premium of Rs. 114.6/- per CCD. Post this investment, SIHL remains the wholly-owned subsidiary of the Company. Powered by Capital Market - Live News

Info Edge (India) will hold a meeting of the Board of Directors of the Company on 5 February 2025.Powered by Capital Market - Live News