Info Edge (India) has invested through its wholly-owned subsidiary about Rs.14 crore in Agstack Technologies (Gramophone).

The Company has acquired 32,339 - 0.01 % Compulsorily Convertible Preference Shares having a face value of Rs.10 each at a premium of Rs 4,319.03 . The aggregateshareholding of the Company, post this investment, in thesaid entity would be 37.21% on fully converted & dilutedbasis.

Gramophone is a technology enabled marketplace(operated through a website www.,m1mophone.in and itsapp 'Gramophone') for · enabling efficient farmmanagement. Farmers can buy quality agricultural inputproducts like seeds, crop protection, nutrition andequipment directly from its m-commerce platform.Gramophone's agronomic intelligence provides the bestfarm management advisory solutions to farmers byleveraging the power of data science, soil science, smartcrop selection and personalized information led croppingsystem. This enables farmers to choose authentic and mostappropriate farm inputs.

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Info Edge (India) has invested through its wholly-owned subsidiary Rs.6 crore in Bizcrum InfoTech (ShoeKonnect).

The Company has acquired 6,000,000 0.01%and/ or number of shares acquired. Compulsorily Convertible Preference Shares having facevalue of Rs.10 each. The aggregate shareholding of theCompany, post this investment, in the said entity would be29.79% on fully converted & diluted basis.

ShoeKonnect is a B2B marketplace (ShoeKonnectmobile app, www.shoekonnect.com website) thatenables footwear brands, manufacturers, wholesalers andretailers to connect, communicate & transact with eachother for conducting and expanding their business. Theplatform facilitates catalogue/inventory uploading, orderplacement, order receipt, delivery scheduling and paymentmanagement) amongst manufacturers, wholesalers,manufacturers and retailers.

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Info Edge (India) will hold a meeting of the Board of Directors of the Company on 28 May 2019.

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Info Edge (India) is investing Rs 2 crore in Wishbook Infoservices through its wholly owned subsidiary. It is a follow up round of investment in Wishbook which is already an associate company of the Company.

Wishbook was incorporated on 30 April 2016. It is a mobile app only B2B market platform in the fashion / apparel category, enabling channel sales management, discovery & transactions between manufacturers & retailers or rese llers.

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