Letter to shareholders on startup investments across AI, Deeptech, Consumer tech
NAUKRI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Info Edge shared a shareholder letter updating on its startup investment portfolio. About INR 4,900 Cr. deployed across 135 startups, now valued at about INR 41,300 Cr. (8.4x multiple, 33% gross IRR). AI portfolio: 28 firms, INR 614 Cr. in, INR 1,268 Cr. out (2.1x). Deeptech: 30 firms, INR 455 Cr. in, INR 559 Cr. out (1.2x). Consumer tech: 45 firms, INR 2,755 Cr. in, INR 37,214 Cr. out (13.5x), led by Eternal and PB Fintech. Some portfolio firms won government AI and RDI scheme grants.
Highlights significant unrealized value in startup portfolio, estimated at 30-40% of company value. No direct earnings impact; mostly narrative for long-term investors.