Info Edge, a leading matrimonial platform owned by Info Edge (India) Ltd., is set to invest Rs 300 million in Aisle Network, a high-intent dating app. This strategic investment follows Info Edge's earlier acquisition of a 76% stake in Aisle for Rs 91 crore. The move aims to strengthen Info Edge's presence in the matchmaking segment by leveraging Aisle's unique positioning between traditional matrimonial sites and casual dating apps. Aisle has seen significant growth, with its member base increasing by 100% over the past two years. This investment will further enhance Aisle's offerings and solidify Info Edge's leadership in India's evolving matchmaking ecosystem.
Source: Business Standard, Times of India, Info Edge Official Announcements.