Jeevansathi Internet Services Pvt Ltd to acquire stake in Aisle Network Pvt Ltd

Jeevansathi Internet Services Private Limited ('Jeevansathi'), a wholly owned subsidiary of Info Edge (India) Limited has in its meeting of the Board of Directors held today i.e. on November 14, 2025, considered and approved acquisition of 1,279 equity shares of Aisle Network Private Limited ('Aisle'), aggregating to 3.65% of its paid up share capital as well as resolution and termination of all existing arrangements with the seller, for an aggregate consideration of Rs. 5.50 Crores, by way of secondary acquisition. Consequently, pursuant to the said acquisition, Aisle will become a step-down wholly-owned subsidiary of the Company on the basis of paid-up share capital of Aisle.

Jeevansathi is a wholly owned subsidiary of the Company and Aisle is the subsidiary of Jeevansathi. Further, since the selling shareholder, is related party of Aisle, this transaction is a related party transaction.

Aisle 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.

Source : Equity Bulls

Keywords

InfoEdgeIndia JeevansathiInternetServices Acquisition AisleNetwork