InfoEdge's Jeevansathi Acquires Remaining 3.65% Stake in Dating Platform Aisle for Rs. 5.50 Crores
Info Edge's subsidiary, Jeevansathi Internet Services, has acquired the remaining 3.65% stake in Aisle Network Private Limited for Rs. 5.50 crores. This makes Aisle a step-down wholly-owned subsidiary of Info Edge. The acquisition involves 1,279 equity shares and the termination of existing arrangements with the seller. Aisle operates multiple dating apps including Aisle, Anbe, Arike, Neetho, and Jalebi. Aisle's latest financial data shows a turnover of Rs. 39.62 crores, PAT of Rs. (17.80) crores, and net worth of Rs. 20.86 crores. The transaction is considered a related party deal executed on an arm's length basis.

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Info Edge (India) Limited, the parent company of popular job portal Naukri.com, has announced a strategic move in the online dating space. Its wholly-owned subsidiary, Jeevansathi Internet Services Private Limited, has acquired the remaining 3.65% stake in Aisle Network Private Limited for Rs. 5.50 crores, making Aisle a step-down wholly-owned subsidiary of Info Edge.
Acquisition Details
The acquisition involves the purchase of 1,279 equity shares of Aisle Network Private Limited, along with the termination of existing arrangements with the seller. This move consolidates Info Edge's control over the dating platform that operates multiple apps including Aisle, Anbe, Arike, Neetho, and Jalebi.
Financial Implications
According to the latest available financial data, Aisle Network Private Limited reported the following figures:
| Financial Metric | Amount (in crores) |
|---|---|
| Turnover | 39.62 |
| PAT (Profit After Tax) | (17.80) |
| Net Worth | 20.86 |
Business Overview
Aisle Network Private Limited operates in the online dating industry, running multiple dating platforms via mobile apps. These platforms allow users to browse through profiles of other users with the intent of finding suitable partners.
Transaction Details
- The transaction is considered a related party transaction as Jeevansathi is a wholly-owned subsidiary of Info Edge, and Aisle was already a subsidiary of Jeevansathi.
- The promoters of Info Edge have no interest in this transaction.
- The deal has been executed on an arm's length basis, ensuring fairness and transparency.
Strategic Implications
This acquisition marks Info Edge's commitment to strengthening its position in the online dating market. By fully owning Aisle, Info Edge can potentially integrate the dating platform more closely with its other digital offerings, possibly leading to synergies across its portfolio of digital services.
The move also reflects the growing importance of the online dating segment in India's digital landscape, with Info Edge positioning itself to capitalize on this trend.
As the digital matchmaking space continues to evolve, it will be interesting to see how Info Edge leverages this complete ownership of Aisle to innovate and expand its services in the competitive online dating market.
Historical Stock Returns for Info Edge
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.77% | -1.63% | +0.09% | -8.98% | -14.81% | +70.36% |
















































