Shares of Info Edge, the parent company of Naukri.com, gained momentum on Tuesday after the company highlighted the performance and scale of its startup investment portfolio in its latest communication to shareholders.
The stock climbed nearly 4% during intraday trading and reached a high of 3.96% before trading at Rs 1,011.40, reflecting a gain of 2.73%.
In its shareholder letter, Info Edge revealed that it has invested nearly Rs 4,900 crore across 135 startups. The company currently values this portfolio at approximately Rs 41,300 crore, delivering an impressive 8.4x return multiple and a gross internal rate of return (IRR) of around 33%.
According to the company, Info Edge and its group entities contributed approximately Rs 3,600 crore of the total investment amount. Meanwhile, external limited partners invested around Rs 1,300 crore through alternative investment funds managed by the group. Together, these funds have generated a combined gross IRR of approximately 22%.
The company reaffirmed its long-term investment strategy and emphasized its focus on high-growth sectors such as artificial intelligence, deeptech, and consumer technology.
“We believe future value creation will be driven by three themes predominantly—Artificial Intelligence, Deeptech, and Consumer Technology,” founder and Vice Chairman Sanjeev Bikhchandani said in the letter.
Since 2020, Info Edge has invested Rs 1,003 crore across 54 artificial intelligence and deeptech startups. The portfolio includes investments in 28 AI companies and 30 deeptech ventures and currently carries a fair value of Rs 1,827 crore.
Furthermore, the company stated that advancements in artificial intelligence will transform both emerging and established internet businesses. It also noted that India is increasingly emerging as a hub for building globally competitive technology companies.
Among the latest additions to its portfolio are Temple and LAT Aerospace, startups associated with Eternal founder Deepinder Goyal.
Info Edge also highlighted that several of its portfolio companies have received support under government-backed technology and innovation initiatives. Voice AI startup Gnani.ai secured selection under the IndiaAI Mission and received GPU compute credits. Similarly, ePlane and Manastu Space obtained support through the government’s Research, Development, and Innovation (RDI) programme.
Consumer technology remains the largest contributor to the overall portfolio value. The company has invested Rs 2,755 crore across 45 consumer technology and consumer AI startups. Today, this segment alone carries a valuation of Rs 37,214 crore, underscoring the strength of Info Edge’s long-term investment approach and its ability to identify high-potential technology businesses.
Info Edge continues to strengthen its position as one of India’s most successful startup investors through its strategic focus on artificial intelligence, deeptech, and consumer technology. With a startup portfolio valued at over Rs 41,300 crore, strong return multiples, and growing exposure to next-generation technology companies, the company has demonstrated its ability to create substantial shareholder value. As India’s startup ecosystem matures and AI-driven innovation accelerates, Info Edge appears well-positioned to benefit from the next wave of digital transformation and technology-led growth.
