CosmicTaco
CosmicTaco

Info Edge's Impressive 36% Startup Returns

  • Info Edge has successfully achieved a 9X growth on its startup investments, with a gross IRR of 36%.
  • The company's investments, initially totaling INR 3,959.16 Cr, have now reached an FMV of INR 36,855.40 Cr.
  • Info Edge boasts an impressive portfolio, including early investments in Zomato and Policybazaar, now valued at over INR 31,500 Cr.
  • The company has backed 111 startups and launched a SEBI registered AIF venture capital fund in 2019.
  • Info Edge attributes a significant portion of its growth to investments in early-stage deep tech companies.

Source: Inc42

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Folks are calling out Upcred.ai for non-sensical JD. I was surprised to learn it’s a Cred (invested)company 😂

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