CosmicTaco

Jeevansathi Injects INR 30 Cr Into Aisle

CosmicTaco · 2025-03-18T10:34:51.640477+05:30

- Info Edge's Jeevansathi will acquire 12,293 equity shares of Aisle Network Private Limited. - The investment amounts to INR 30 Cr, aimed at meeting Aisle's working capital requirements. - Post-investment, Info Edge's stake in Aisle will rise to 92.83% from the current 89.17%. - The decision was made during Jeevansathi's board meeting held on March 17, 2025. - This strategic investment underscores Info Edge's commitment to strengthening its subsidiary’s financial position. Source: [Inc42](https://inc42.com/buzz/info-edges-jeevansathi-to-infuse-inr-30-cr-into-its-subsidiary/?_gl=1*1h0d059*_gcl_au*MTMwODg2MjMuMTczNzY5NjMzMA..*_ga*MTE1MDE4MjYyMi4xNzM3Njk2MzMw*_ga_67F2T4M6Z5*MTc0MjI3NDEzNi44LjAuMTc0MjI3NDEzNi42MC4wLjA.)

Info Edge's Jeevansathi will acquire 12,293 equity shares of Aisle Network Private Limited.
The investment amounts to INR 30 Cr, aimed at meeting Aisle's working capital requirements.
Post-investment, Info Edge's stake in Aisle will rise to 92.83% from the current 89.17%.
The decision was made during Jeevansathi's board meeting held on March 17, 2025.
This strategic investment underscores Info Edge's commitment to strengthening its subsidiary’s financial position.

Source: Inc42