Info Edge to Increase Stake in Aisle Network with ₹30 Crore Investment

Info Edge (India) Limited (NSE: NAUKRI) has announced that its wholly-owned subsidiary, Jeevansathi Internet Services Private Limited, will invest ~₹30 crore in Aisle Network Private Limited, a step-down subsidiary of the company. The decision was made at the Board of Directors meeting held on March 17, 2025.

Aisle Network is primarily engaged in operating multiple dating platforms through its popular mobile apps, Aisle, Anbe, Arike, Neetho, and Jalebi. These apps allow users to connect and find compatible partners online, catering to diverse regional communities in India. The investment aims to support Aisle’s working capital requirements and strengthen its market presence.

Investment Details and Shareholding

Jeevansathi, a fully owned subsidiary of Info Edge, currently holds an 89.17% stake in Aisle Network on a fully converted and diluted basis. With this new investment, the stake will increase to 92.83%. The Board has approved the acquisition of 12,293 equity shares of Aisle, each having a face value of ₹10 at a premium of ₹24,388.19 per share.

The transaction will be completed in cash within 30 days from the date of approval. Info Edge has clarified that the transaction is carried out on an arm’s-length basis, and no promoters of the company have any vested interest in this investment.

Aisle Network has shown consistent growth in its financial performance over the past three years. The company reported a turnover of ₹34.80 crore for the financial year 2023-24, up from ₹31.46 crore in 2022-23 and ₹14.11 crore in 2021-22.

Strategic Expansion for Digital Dating

This strategic investment by Info Edge aligns with its ongoing efforts to expand its digital ecosystem and strengthen its presence in the online matchmaking and dating industry. With the growing acceptance of online dating in India, the infusion of funds is expected to enhance Aisle Network’s operations and enable it to reach a broader user base.

Conclusion

As Aisle Network continues to develop niche dating platforms catering to regional and linguistic communities, this investment is expected to reinforce its market position and scale its business in the competitive Indian dating app landscape.

On March 18, 2025, Naukri share price opened at ₹6,501.40, up from its previous close of ₹6,479.65. At 9:52 AM, the share price of Naukri was trading at ₹6,539.60, up by 0.93% on the NSE.

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