Info Edge To Exit MedCords, Unnati Online For About ₹5,000 Each

by · Inc42

SUMMARY

  • Info Edge approved the sale of its entire 14.18% stake in MedCords and 31.64% stake in Unnati Online for about ₹5,000 each.
  • Both investments were already fully impaired — MedCords in FY24 and Unnati Online in FY20.
  • The stakes will be sold to the startups’ respective promoters, with both transactions expected to close by January 27, 2027.