<ul><li>Info Edge's committee of executive directors has approved an investment of INR 30 Cr in its subsidiary Redstart Labs.</li><li>Info Edge will acquire 30 Lakh compulsorily convertible debentures (CCDs) in Redstart Labs.</li><li>The investment will be completed within 30 days and will be used for capital requirements and general purposes.</li><li>Redstart Labs recorded a net profit of INR 33.18 Cr for the financial year ending March 2024.</li></ul>

Info Edge Gets Nod To Invest INR 30 Cr In Its Subsidiary Redstart Labs

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