Info Edge (India) Ltd
AUM - $379 Million
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Info Edge (India) Ltd, the parent of Naukri.com, began its financial investing activity in 2007 and now treats it as a second growth engine alongside the core recruitment business. Founder Sanjeev Bikhchandani told shareholders that this portfolio contributes an estimated 30–40% of the company’s value, behind only Naukri itself. Early bets on Zomato and PB Fintech, backed at valuations of about ₹9.4 crore and ₹21 crore, respectively, and with a combined investment of ₹1,075 crore, are now worth over ₹31,500 crore as of 31 March 2025.
Info Edge has invested ₹3,959 crore across 111 startups through a mix of balance-sheet checks and SEBI-registered AIFs such as Info Edge Venture Fund, Info Edge Capital and Capital 2B, with a combined corpus of about ₹3,423 crore. Info Edge has committed roughly ₹1,614 crore to these vehicles, while Temasek group entities anchor a similar quantum. The startup portfolio had a fair market value of ₹36,855 crore as of FY25, implying an estimated 36% gross IRR across all vintages and about 18.7% for the AIFs alone.
Info Edge
The four-phase investing journey has moved from direct bets on Zomato and Policybazaar to third-phase winners such as Adda247 and Shipsy and, since 2019, to fund-driven exposure to companies like DotPe, Shiprocket, Bluestone, TrueMeds, Mirana, Osfin and InPrime, alongside early deep-tech bets via Redstart Labs. Of the 111 companies backed, 76 have attracted institutional co-investors such as Accel, Peak XV and Tiger Global, and Info Edge says its preferred exits are via IPOs rather than trade sales.
