Corporate News     04-Mar-23
Info Edge subsidiary Redstart to invest Rs 5.2 cr in Sploot
Info Edge (India) announced that Redstart Labs (India) (Redstart), a wholly-owned subsidiary of the Company has agreed to invest about Rs.5.2 crore in Delhi-based Sploot.

Redstart has agreed to acquire 1,822-Compulsorily Convertible Preference Shares as primary acquisition of shares. The aggregate shareholding of the Company through Redstart, post this investment, in the said entity would be 24.13% on fully converted & diluted basis.

Sploot is engaged in the business of providing products and services to pet parents with respect to the pet's health, behaviour and nutrition through content and app-based help. This includes organization of pet's medical records, everyday tasks and access to professionals and services.

Sploot is a community and contentled platform for pet parenting. They aim to be a super-app for pet-related content, products and services. Their platform focuses on daily and frequent activities of a pet like walking and food.

Previous News
  Indices trade with decent gains; realty stocks advance
 ( Market Commentary - Mid-Session 02-Jun-23   14:36 )
  Info Edge (India)
 ( Results - Analysis 08-Nov-23   05:44 )
  Info Edge unit initiates forensic audit of 4B networks
 ( Hot Pursuit - 02-Jun-23   12:48 )
  Info Edge arm to invest further Rs 98.94 lakh in healthcare tech firm - Brainsight
 ( Corporate News - 10-Jul-23   12:41 )
  Info Edge arm to invest in Brainsight Technology
 ( Hot Pursuit - 10-Jul-23   12:39 )
  Info Edge (India) to further invest Rs 10 cr in subsidiary - Zwayam
 ( Corporate News - 18-Aug-23   18:05 )
  Info Edge (India) fixes record date for interim dividend
 ( Market Beat - Reports 02-Nov-22   18:54 )
  Info Edge (India)
 ( Results - Analysis 12-Nov-22   19:00 )
  Info Edge (India) fixes record date for interim dividend
 ( Market Beat - Reports 07-Nov-23   14:04 )
  Info Edge (India) announces cessation of director
 ( Corporate News - 31-Mar-22   19:44 )
  Board of Info Edge (India) recommends final dividend
 ( Corporate News - 28-May-22   16:34 )
Other Stories
  Board of NRB Bearings recommends interim dividend
  05-Oct-24   09:27
  Refex Industries to hold EGM
  05-Oct-24   09:26
  Allcargo Terminals to hold EGM
  05-Oct-24   09:26
  GAIL (India) signs MoU with AM Green
  04-Oct-24   19:27
  EaseMyTrip.com resumes bookings to the Maldives
  04-Oct-24   19:25
  BLS completes acquisition of Dubai-based Citizenship Invest
  04-Oct-24   19:23
  Insecticides India launches new maize herbicide 'Torry Super'
  04-Oct-24   19:21
  Landmark Cars receives LoI from Mercedes-Benz India
  04-Oct-24   19:19
  Astra Microwave Products receives affirmation in credit ratings from CRISIL
  04-Oct-24   19:16
  Supreme Petrochem receives affirmation in credit ratings
  04-Oct-24   19:10
Back Top