Info Edge, the parent company of Naukri.com, has recorded an impressive 36% gross internal rate of return (IRR) on its startup investments, marking a tenfold increase in value over the past decade.
Key Investment Highlights
- Total Capital Invested: ₹3,959.16 crore
- Current Fair Market Value (FMV): ₹36,855 crore
- Major Portfolio Companies: Zomato, Policybazaar, Ustra, Shopkirana, Adda247, ixigo
Breakout Successes: Zomato & Policybazaar
Info Edge was an early backer of Zomato and Policybazaar, investing ₹483.78 crore and ₹591.40 crore, respectively. The combined market capitalization of these companies now exceeds ₹2.5 lakh crore, with Info Edge’s shareholding valued at ₹31,500 crore.
Investment Strategy & Growth Phases
Info Edge’s startup investment journey has evolved through four distinct phases:
- 2007–2012: Early bets on Zomato and Policybazaar, which later became market leaders.
- 2012–2015: A cautious approach as Phase 1 winners emerged.
- 2016–2019: Investments in Adda247, Shipsy, and other tech startups.
- 2019–Present: Expansion through the SEBI-registered Info Edge Venture Fund, with a corpus of ₹3,422.94 crore.
Future Outlook
Info Edge continues to focus on early-stage technology startups, with 76 portfolio companies attracting institutional co-investors. Founder Sanjeev Bikhchandani emphasized that value creation through tech-led investments is scalable and repeatable, reinforcing Info Edge’s position as a leading tech investor.
