Info Edge (India) Ltd, the parent company of Naukri.com, has reported a 36% gross internal rate of return (IRR) on its startup investments since 2007. The company’s total investment of ₹3,959.16 crore has grown to a fair market value of ₹36,855.40 crore. Inc42 Media
📈 Key Highlights
- Investment Portfolio: Info Edge has invested in 111 startups, with 76 receiving follow-on funding from prominent investors such as Accel, Peak XV, Matrix, and Tiger Global.
- Major Successes: Early investments in Zomato and Policybazaar have been particularly lucrative. Combined, these holdings are now valued at over ₹31,500 crore, up from an initial investment of ₹1,075.18 crore.
- Alternative Investment Funds (AIFs): The company’s AIFs have yielded an 18.7% IRR. Info Edge has committed ₹1,613.75 crore to these funds, which have a total corpus of ₹3,422.94 crore.
- Recent Developments: Bluestone Jewellery, another portfolio company, has filed for an Indian listing, indicating potential for future gains.
🧠 Strategic Approach
Info Edge attributes its investment success to a focus on strong governance and financial controls. Founder Sanjeev Bikhchandani emphasized that financial returns are pursued without compromising these principles.
🔮 Future Outlook
The company continues to invest in early-stage startups through its wholly owned subsidiary, Redstart Labs, and plans to invest up to ₹1,000 crore in its third venture investment fund
