Info Edge bets Rs 1,003 crore in AI, deeptech since 2020
Info Edge, the parent company of Naukri, has invested Rs 1,003 crore across 54 artificial intelligence (AI) and deeptech startups since 2020, according to a shareholder letter released on Monday.
The company said it has deployed Rs 614 crore across 28 AI startups and Rs 455 crore across 30 deeptech companies through its balance sheet, and other investment vehicles. Some companies are counted across both categories.
As of March 31, Info Edge valued its AI portfolio at Rs 1,268 crore, implying a 2.1-times multiple on invested capital, while its deeptech portfolio was valued at Rs 559 crore, or 1.2 times the invested capital. The company noted that these valuations are based on fair market value assessments and follow-on funding rounds.
Of the 28 AI companies in the portfolio, 15 have raised follow-on funding from external investors, while 13 of the 30 deeptech startups have secured externally led rounds.
The AI portfolio includes startups such as Gnani.ai, Aftershoot, Attentive AI, Lumiq and Osfin, while deeptech investments span sectors including robotics, semiconductors, biotech, spacetech and electric mobility. Portfolio companies include Unbox Robotics, ePlane, Manastu Space, Bharat Semi, Brainsight AI and String Bio.
Info Edge said several startups in its portfolio have received support under government programmes. Voice AI startup Gnani.ai was selected under the IndiaAI Mission and received GPU compute credits, while ePlane and Manastu Space secured allocations under the government's Research, Development and Innovation (RDI) scheme.
Overall, Info Edge and the alternative investment funds it manages have invested about Rs 4,900 crore across 135 startups, with the portfolio valued at about Rs 41,300 crore as of March 31, 2026. The Noida-headquartered company backed food delivery company Zomato and insurance aggregator Policybazaar in their early stages.
Investment phases
Info Edge said its 18-year startup investing journey has unfolded in four phases.
The company said it has deployed Rs 614 crore across 28 AI startups and Rs 455 crore across 30 deeptech companies through its balance sheet, and other investment vehicles. Some companies are counted across both categories.
As of March 31, Info Edge valued its AI portfolio at Rs 1,268 crore, implying a 2.1-times multiple on invested capital, while its deeptech portfolio was valued at Rs 559 crore, or 1.2 times the invested capital. The company noted that these valuations are based on fair market value assessments and follow-on funding rounds.
Of the 28 AI companies in the portfolio, 15 have raised follow-on funding from external investors, while 13 of the 30 deeptech startups have secured externally led rounds.
The AI portfolio includes startups such as Gnani.ai, Aftershoot, Attentive AI, Lumiq and Osfin, while deeptech investments span sectors including robotics, semiconductors, biotech, spacetech and electric mobility. Portfolio companies include Unbox Robotics, ePlane, Manastu Space, Bharat Semi, Brainsight AI and String Bio.
Info Edge said several startups in its portfolio have received support under government programmes. Voice AI startup Gnani.ai was selected under the IndiaAI Mission and received GPU compute credits, while ePlane and Manastu Space secured allocations under the government's Research, Development and Innovation (RDI) scheme.
Overall, Info Edge and the alternative investment funds it manages have invested about Rs 4,900 crore across 135 startups, with the portfolio valued at about Rs 41,300 crore as of March 31, 2026. The Noida-headquartered company backed food delivery company Zomato and insurance aggregator Policybazaar in their early stages.
Investment phases
Info Edge said its 18-year startup investing journey has unfolded in four phases.
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