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The Economic Times
The Economic Times

Info Edge says it invested Rs 1,003 crore on AI, deeptech startups since 2020

Info Edge Naukri Policybazaar Zomato

Info Edge, the parent company of Naukri, has invested Rs 1,003 crore across 54 artificial intelligence (AI) and deeptech startups since 2020, as the early backer of Zomato and Policybazaar sharpens its focus on newer technology bets, 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, Redstart Labs, Capital 2B and Info Edge Ventures funds. Some companies are counted across both categories, and therefore, the numbers are to be read theme-wise.

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