Info Edge Subsidiary Invests Rs. 10 Crores in Aisle Network
Filing Summary
Info Edge (India) Ltd has disclosed an investment of Rs. 10 Crores by its wholly owned subsidiary, Jeevansathi Internet Services Private Limited, into Aisle Network Private Limited. This transaction, conducted on January 19, 2026, involves the acquisition of 10,00,000 Compulsorily Convertible Debentures by Jeevansathi. Aisle Network, a step down wholly owned subsidiary, operates multiple dating platforms. The investment is intended to support Aisle’s working capital needs. The transaction is classified as a related party transaction and is executed on an arm’s length basis. Completion is expected within 30 days.
Info Edge (India) Ltd has announced an investment by its wholly owned subsidiary, Jeevansathi Internet Services Private Limited, into Aisle Network Private Limited. The investment, amounting to Rs. 10 Crores, was approved during a board meeting on January 19, 2026. Aisle Network is a step down wholly owned subsidiary of Info Edge, engaged in operating multiple dating platforms.
The financial terms of the transaction involve the acquisition of 10,00,000 Compulsorily Convertible Debentures (CCDs) by Jeevansathi. Each CCD has a face value of Rs. 100. The investment is structured as a cash consideration. This transaction is classified as a related party transaction, as Aisle is a wholly owned subsidiary of Jeevansathi, which is itself a wholly owned subsidiary of Info Edge. The transaction is conducted on an arm’s length basis, with no interest from the promoter or promoter group in the investment.
Aisle Network operates several dating platforms, including Aisle, Anbe, Arike, Neetho, and Jalebi. These platforms facilitate user interactions with the intent of finding suitable partners. The investment is aimed at meeting the working capital requirements of Aisle. As of March 31, 2025, Aisle reported a turnover of Rs. 39.62 Crores, a net worth of Rs. 20.86 Crores, and a loss of Rs. 17.80 Crores. The company has shown a turnover increase over the past three years, with figures of Rs. 34.80 Crores in 2023-24 and Rs. 31.46 Crores in 2022-23.
The transaction does not require any governmental or regulatory approvals. The completion of the investment is expected within 30 days from the date of approval. This timeline ensures that Aisle can promptly utilize the funds to support its operational needs.
Info Edge (India) Ltd is a leading internet company in India, known for its online platforms such as Naukri.com, Jeevansathi.com, and 99acres.com. The company focuses on leveraging technology to provide innovative solutions across recruitment, matrimony, and real estate sectors. Info Edge continues to expand its portfolio through strategic investments and acquisitions to enhance its market presence.