Info Edge (India) Limited has announced a fresh follow-on investment in warehouse automation startup Unboxrobotics Labs Private Limited through its wholly owned subsidiary Redstart Labs (India) Limited. The decision was approved at Redstart’s Board of Directors meeting held on December 23, 2025.
Under the transaction, Redstart will invest about ₹46.81 crore in Unbox Robotics, strengthening Info Edge’s exposure to technology-led logistics and automation solutions. The acquisition is expected to be completed within two months from approval and will be executed entirely through cash consideration.
Unbox Robotics is an existing investee company in which Redstart earlier held around 5.49% stake on a fully converted and diluted basis. Following this investment, Info Edge’s aggregate shareholding through Redstart will increase to 9.29% on a fully diluted basis. The company has clarified that Unbox Robotics is not a related party, and the promoter or promoter group of Info Edge has no interest in the transaction.
Founded in May 2019 and headquartered in Pune, Unbox Robotics operates in the logistics and warehouse automation space. The company develops and sells software-defined robotics systems, including autonomous mobile robots, conveyor-based systems, and integrated hardware–software solutions aimed at improving intra-logistics efficiency. Its offerings cater to corporates, e-commerce companies, and logistics players, with a strong focus on in-house R&D and intellectual property creation.
As per disclosures, Unbox Robotics reported a turnover of ₹13.51 crore in FY25, compared with ₹5.79 crore in FY24 and ₹1.11 crore in FY23. As of March 31, 2025, the company had a net worth of ₹45.26 crore and reported a loss of ₹18.68 crore.
The investment involves the acquisition of 1,927 securities through a mix of primary and secondary transactions, including equity shares and compulsorily convertible preference shares, taking the total consideration to approximately ₹46.81 crore.