Info Edge (India) Limited
SBI Life Insurance entered Info Edge (India) Limited by purchasing 6,653,130 shares, representing a 1.03% stake in the company, worth ₹79.14 Cr.
A leading online classifieds platform in India, the company operates multiple digital brands serving different markets and user needs. Through naukri.com for job seekers and employers, 99acres.com for real estate transactions, jeevansathi.com for matrimonial services, and shiksha.com for education information, it connects millions of users. The company also functions as an active investor in online startups, building a diversified portfolio across the digital ecosystem.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.