Mumbai, Jan. 20 -- The company already holds 100% stake in Aisle, through Jeevansathi, which is a wholly owned subsidiary of Info Edge. Accordingly, Aisle Network is a step-down wholly owned subsidiary of the company.
Aisle Network is engaged in the business of running multiple dating platforms on the web via its mobile apps Aisle, Anbe, Arike, Neetho and Jalebi. These platforms allow users to browse through profiles of other users with the intent of finding their suitable partner. Its turnover was Rs 39.62 crore as on 31st March 2025.
This investment is being done to meet the working capital requirements of Aisle.
The board of directors of Jeevansathi has approved the acquisition of 10,00,000 compulsorily convertible debentures (CCDs)...
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