Info Edge (India) has secured approval to invest Rs 10 crore in its wholly-owned subsidiary -- Smartweb Internet Services. The investment will be done through acquisition of 10,00,000 Compulsorily Convertible Debentures (CCDs) having face value of Rs 100 each and coupon rate of 0.0001% per annum. The investment would allow Smartweb to meet its funds requirement and further strengthen it financially. The Committee of Executive Directors of the company in its meeting held on April 17, 2026, has approved the same.

Smartweb is engaged in the business of providing all kinds of internet services and to act as investment advisor, financial consultant, management consultant, investment manager and/or sponsor of alternative investment fund(s).

Info Edge (India) owns one of the leading job portals naukri.com. The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India.