Info Edge shareholders approve ₹1,000-cr investment in venture fund III

Shareholders of Info Edge (India) Ltd, the company behind job portal Naukri.com, have approved a plan to invest up to ₹1,000 crore in its third venture fund. The infusion will enable the Noida-based firm to increase its backing of early-stage startups, reinforcing its strategy to expand its presence in India’s growing venture capital ecosystem.