Info Edge Formally Exits MedCords and Unnati Online for ₹5,000 Each

28 Oct 2026, 2:32 pm · 3h ago · 1 min read · Inc42

Naukri parent Info Edge has approved the sale of its entire stakes in healthtech startup MedCords and blue-collar employment platform Unnati Online for approximately ₹5,000 each. Both stakes—14.18% in MedCords and 31.64% in Unnati Online—were held through wholly owned subsidiary Startup Investments (Holding) Limited and had previously been fully impaired in FY24 and FY20 respectively. MedCords' stake will be acquired by promoter Shreyans Mehta, while Unnati's holding will be bought by promoters Eral Ravi and Aashutosh Chaudhary. Info Edge plans to execute sale agreements within 30 days and complete the exits by January 27, 2027.