Info Edge To Infuse INR 100 Cr in Wholly-Owned Subsidiary Redstart Labs

Noida-based Info Edge Ltd announced on November 3 that its board has approved an investment of ₹100 crore in its wholly owned subsidiary, Redstart Labs. The investment will be made through the purchase of 10 crore equity shares at a face value of ₹10 each, according to the company’s regulatory filing.

Redstart Labs, which is already a 100% subsidiary of Info Edge on a fully diluted basis, reported a profit after tax (PAT) of ₹1.36 crore and a net worth of ₹16.18 crore.

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The deal is expected to be completed within three months. Since Info Edge already holds a 100% stake in Redstart, it will continue to remain a wholly owned subsidiary after the transaction.

For context, Redstart Labs invests in startups across deeptech and SaaS sectors. Its portfolio includes companies such as Unbox Robotics, BrainSight AI, Skylark Drones, ePlaneCo, and CynLr, among a total of 10 investments.

Over the years, Info Edge has built a strong reputation as an early investor in some of India’s most prominent tech companies, including Zomato and Policybazaar.

Its subsidiary, Redstart Labs was founded in 2020 to identify and invest in new age tech startups that are building innovative ecosystems and solutions driven by emerging science and technology.

This move aligns with Info Edge’s broader strategy of investing in early-stage tech and AI startups. Redstart Labs serves as one of its key investment arms alongside Info Edge Ventures.

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The company has actively backed AI-driven startups such as Pascal AI Labs, a fintech SaaS firm automating investment research workflows, and Zwayam Digital, which uses AI to enhance recruitment solutions. Its portfolio company Attentive.ai has also secured strong follow-on funding from leading investors.

Earlier this year, Info Edge announced a ₹1,000 crore venture fund to support startups in AI, SaaS, and deeptech, to be deployed through Redstart Labs and other investment vehicles.

The latest ₹100 crore infusion into Redstart is expected to strengthen its investment capacity, allowing the company to invest more aggressively in India’s expanding AI and technology ecosystem.

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