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EQUITY - MARKET SCREENER

Indbank Merchant Banking Services Ltd
Industry :  Finance & Investments
BSE Code
ISIN Demat
Book Value()
511473
INE841B01017
21.531726
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
INDBANK
22.66
159.9
EPS(TTM)
Face Value()
Div & Yield %
1.59
10
0
 

Jeevansathi Internet Services to invest Rs 10 cr in Aisle Network
Jan 19,2026

Jeevansathi Internet Services (Jeevansathi), a wholly owned subsidiary of  Info Edge (India) has in its meeting of the board of directors held today i.e. 19 January 2026, agreed to invest an amount of about Rs. 10 crore in its wholly owned subsidiary Aisle Network (Aisle), a step down wholly owned subsidiary of the company.

The Company already holds 100% stake in Aisle, through Jeevansathi, a wholly owned subsidiary of the Company. Accordingly, it is a step down wholly owned subsidiary of the Company in accordance with the Companies Act, 2013 and hence falls in the category of a related party as on the date of making this investment.

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. This investment is being done to meet the working capital requirements of Aisle.