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Info Edge(India) Ltd. — Capital/Financing Update 2020
Dec 10, 2020
61935_rns_2020-12-10_7dac702f-7e43-4925-adc0-b932de0ad06d.pdf
Capital/Financing Update
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December 10, 2020
1. The Manager- Listing National Stock Exchange of India Limited (Scrip Code: NAUKRI)
2. The Manager- Listing BSE Limited (Scrip Code: 532777)
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015
Dear Sir/Madam,
The Company had set up an Alternative Investment Fund named Info Edge Venture Fund (“IEVF”), a trust registered with SEBI as Category II AIF, under the SEBI Alternative Investment Funds Regulations 2012, sponsored through Smartweb Internet Services Limited, its wholly owned subsidiary.
With a target corpus of Rs. 750 Cr., the Fund’s mandate is to invest in early stage technology companies.
This is to inform you that IEVF has now entered into a Contribution Agreement with MacRitchie Investments Pte. Ltd, an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited (“Temasek”) for a contribution commitment of Rs. 375Cr.
Please take the same on your record.
Thanking you
Yours truly
For Info Edge (India) Ltd ,
(MM Jain) SVP- Secretarial & Company Secretary