Info Edge’s Redstart Labs Invests Rs. 47 Crores in Unbox Robotics

Info Edge (India) Ltd, through its wholly-owned subsidiary Redstart Labs (India) Ltd, has announced an investment of approximately Rs. 47 Crores in Unboxrobotics Labs Private Limited. This decision was made during a Board of Directors meeting held on December 23, 2025. The investment aims to increase Redstart’s stake in Unbox Robotics from 5.49% to 9.29% on a fully converted and diluted basis.

The financial terms of the transaction involve a total investment of Rs. 468,125,984. This amount will be used to acquire 1,927 securities through a combination of primary and secondary acquisitions. The primary acquisition consists of 1,619 Compulsorily Convertible Preference Shares with a face value of Rs. 10 each, issued at a price of Rs. 250,952 per share, totaling Rs. 406,291,288. The secondary acquisition includes 171 Equity Shares and 137 Compulsorily Convertible Preference Shares, both with a face value of Rs. 10 each, issued at Rs. 200,762 per share, totaling Rs. 61,834,696. The entire consideration will be paid in cash.

Unbox Robotics is engaged in the development and sale of software-defined robotics systems and logistics automation products. Their offerings include autonomous mobile robots, conveyor-based systems, and other solutions designed to enhance intra-logistics operations. The company focuses on designing, manufacturing, and trading these systems while also building and owning intellectual properties through research and development.

The investment aligns with Info Edge’s strategy of making external financial investments aimed at value creation over the medium to long term. Unbox Robotics, incorporated on May 20, 2019, operates primarily in India and has shown a turnover of Rs. 13.51 Crores for the financial year ending March 31, 2025. The company has experienced growth in turnover over the past three years, with figures of Rs. 5.79 Crores in 2023-2024 and Rs. 1.11 Crores in 2022-2023.

The acquisition is expected to be completed within two months from the date of approval. No governmental or regulatory approvals are required for this transaction. The investment is not classified as a related party transaction, and there is no interest from the promoter or promoter group in Unbox Robotics.

Info Edge (India) Ltd is a leading player in the Indian internet services sector, known for its investments in technology-driven businesses. The company focuses on strategic investments that enhance its portfolio and drive long-term growth. Info Edge’s business priorities include expanding its presence in high-growth sectors and leveraging technology to deliver innovative solutions.