Info Edge, the parent company behind well-known platforms like Naukri.com and 99acres, has approved a significant investment of ₹75 crore in two of its fully owned subsidiaries. The board cleared this proposal during its recent meeting, marking an important step in the company’s long-term strategy to grow its digital and investment ecosystem. The allocation includes ₹5 crore for Smartweb Internet Services Limited and ₹70 crore for Startup Investments (Holding) Limited, commonly known as SIHL. With this move, Info Edge is strengthening its internal structure while also positioning itself for deeper participation in India’s expanding technology and startup sectors.
Smartweb Strengthens Its Foundation
Smartweb Internet Services Limited was incorporated in 2015 and operates across internet services, financial consulting, and investment advisory activities. Over the years, Smartweb has shown consistent financial performance with steady growth in revenue and profitability. The new ₹5 crore investment is expected to give Smartweb a stronger foundation for its upcoming plans, allowing it to improve its service offerings and expand its internal capabilities. Info Edge is providing this investment through convertible debentures, a structure that lets the company support Smartweb’s progress while maintaining full ownership. This infusion signals that Info Edge considers Smartweb an important part of its long-term digital roadmap.
SIHL Receives Major Capital Support
While Smartweb is on a stable growth path, SIHL has faced financial challenges in recent years. SIHL is the investment-focused arm of Info Edge and is responsible for backing startups and investment funds across different technology categories. The subsidiary has stakes in numerous early-stage and growth-stage companies, making it a crucial link in Info Edge’s broader investment network. Despite SIHL’s negative net worth, Info Edge has approved a substantial allocation of ₹70 crore to help the company rebuild its financial strength and regain momentum. The investment will support SIHL in exploring new opportunities, continuing its existing commitments, and maintaining a strong presence in India’s startup ecosystem. This shows that Info Edge remains committed to empowering its investment arm even during uncertain financial periods.
A Step Toward Bigger Long-Term Goals
This ₹75 crore investment is not just an internal reshuffling of funds. It is a reflection of Info Edge’s strong confidence in the future of digital growth, startup innovation, and technology-led transformation in India. Earlier this year, the company received shareholder approval to invest up to ₹1,000 crore in a new venture fund. The fresh capital provided to Smartweb and SIHL aligns perfectly with this long-term goal. With Smartweb becoming stronger operationally and SIHL preparing for renewed investment activity, Info Edge is setting the foundation for more aggressive growth in the years ahead. The company clearly wants its subsidiaries to be well funded, agile, and ready to take advantage of new opportunities.
Why This Move Matters
In simple terms, this investment is like giving two important branches of the company a boost of energy. Smartweb gains stability and room to innovate, while SIHL gets the strength it needs to support new startups and expand its investment footprint. For the larger startup community in India, this signals that Info Edge is gearing up to play a more active role in supporting technology-driven ventures. The move reinforces the company’s belief that India’s startup ecosystem will continue to grow, and Info Edge wants to be right at the center of that journey.