Info Edge to Invest ₹120 Million in Wholly-Owned Subsidiary Zwayam Digital
Info Edge (India) Limited plans to invest ₹120 million in its wholly-owned subsidiary, Zwayam Digital Private Limited, through the acquisition of 12,00,000 Compulsorily Convertible Debentures. The investment aims to support Zwayam's working capital needs and general purposes. Zwayam, a SaaS-based recruitment solutions provider, reported a turnover of ₹34.72 crores in FY 2024-25 with a net loss of ₹22.64 crores. The transaction is expected to be completed within 30 days from the approval date of September 29, 2025.

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Info Edge (India) Limited , a prominent player in the Indian digital landscape, has announced plans to invest ₹120 million (₹12 crores) in its wholly-owned subsidiary, Zwayam Digital Private Limited. This strategic move aims to bolster Zwayam's operations and expand Info Edge's footprint in the digital recruitment solutions sector.
Investment Details
The investment, approved by Info Edge's Committee of Executive Directors on September 29, 2025, will be made through the acquisition of 12,00,000 Compulsorily Convertible Debentures (CCDs) with a face value of ₹100 each. The transaction is expected to be completed within 30 days from the approval date.
About Zwayam Digital
Zwayam Digital, incorporated on May 27, 2015, specializes in providing SaaS-based sourcing and screening recruitment solutions. The company offers end-to-end recruitment solutions with configurable plug-and-play modules, catering to the evolving needs of the HR tech industry.
Financial Overview
The investment comes at a crucial time for Zwayam Digital, which has shown steady revenue but faced challenges in profitability. The company's financial performance for the past three years is as follows:
Financial Year | Turnover (₹ in crores) |
---|---|
2024-25 | 34.72 |
2023-24 | 33.20 |
2022-23 | 38.53 |
As of March 31, 2025, Zwayam reported a turnover of ₹34.72 crores, with a net loss of ₹22.64 crores and a negative networth of ₹51.83 crores.
Purpose of Investment
Info Edge stated that the primary objectives of this investment are to meet Zwayam's working capital requirements and support other general purposes. This cash infusion is expected to strengthen Zwayam's financial position and support its growth initiatives in the competitive HR tech market.
Strategic Implications
The investment underscores Info Edge's commitment to expanding its digital ventures through strategic funding. By reinforcing its wholly-owned subsidiary, Info Edge aims to enhance its capabilities in the recruitment solutions space, potentially complementing its flagship job portal, Naukri.com.
This move aligns with Info Edge's strategy of nurturing and growing its portfolio of digital businesses, positioning the company to capitalize on the increasing demand for innovative HR and recruitment technologies in India and beyond.
The transaction, being made at arm's length, reinforces Info Edge's confidence in Zwayam's business model and future prospects, despite the subsidiary's current financial challenges. As the digital recruitment landscape continues to evolve, this investment may play a crucial role in shaping Info Edge's long-term strategy in the HR tech sector.
Historical Stock Returns for Info Edge
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+2.24% | -3.37% | -2.41% | -1.64% | -18.34% | +85.45% |