Board Meeting Outcome
Board approves up to Rs.250 crore commitment to B8 Fund I
Info Edge’s board approved entering a contribution agreement to commit up to Rs.250 crore to B8 Fund I (B8 Trust), directly and/or via subsidiaries (including Smartweb), with Smartweb proposed as sponsor and investment manager; the Fund/scheme will be treated as a related party and the transaction is at arm's length.





