Disclosure under Regulation 30 of SEBI Listing Regulations

Investment Details

Startup Investments (Holding) Ltd. (SIHL), a wholly-owned subsidiary of Info Edge (India) Limited, at its Board of Directors meeting held on October 23, 2026, agreed to make a primary investment of approximately Rs. 5 crores in Bizcrum Infotech Private Limited (Bijnis).

Target Company Financials (as of March 31, 2026)

  • Turnover: Rs. 113.89 crores
  • PAT/Loss: Rs. 44.04 crores (profit)
  • Networth: Rs. 7.84 crores

Historical Turnover:

  • 2025-26: Rs. 113.89 crores
  • 2024-25: Rs. 132.62 crores
  • 2023-24: Rs. 79.05 crores

Transaction Structure

Primary Investment:

  • Amount: Approximately Rs. 5 crores
  • Instrument: Subscription of 23,683 Series B2 Compulsorily Convertible Preference Shares (CCPS)
  • Face Value: Rs. 10 per share
  • Issue Price: Rs. 2,111.19 per share (including premium)
  • Consideration: Cash

Potential Secondary Acquisition:

  • SIHL may acquire additional equity shares from an existing investor
  • Subject to execution of a definitive share purchase agreement within 90 days from closing of primary investment
  • Terms to be determined in the definitive agreement

Shareholding Impact

Following the primary investment, the aggregate shareholding of Info Edge through SIHL in Bijnis is expected to be 20.12% on a fully converted and diluted basis.

Transaction Characteristics

  • Related Party Transaction: Yes, as Bijnis is an Associate company of Info Edge
  • Arm's Length Basis: Confirmed
  • Promoter/Promoter Group Interest: None
  • Government Approvals: Not required

Timeline

  • Primary Investment Completion: Expected within two months from date of signing definitive agreement
  • Secondary Acquisition Window: Within 90 days from closing of primary investment (or mutually agreed later date)

Business Details of Target

  • Address: Plot No. 88 KH. No. 350, Haripuram, Agra, Karmyogi Enclave, Uttar Pradesh-282005
  • Business: B2B marketplace and quick commerce platform for footwear, apparel and allied fashion categories
  • Incorporation Date: April 6, 2015
  • Geographic Presence: India

Strategic Rationale

The investment is in furtherance of Info Edge's investment strategy focused on value creation in the medium to long term. SIHL's investment forms part of a larger financing round involving existing and new investors.

Additional Information

  • This intimation was uploaded on the company's website at www.infoedge.in
  • Date and time of event occurrence: October 23, 2026 – 02:57 p.m. IST
  • Signed by Jaya Bhatia, Company Secretary & Compliance Officer