Info Edge clocks 36% return on startup investments
By
CS Mathew
Naukri.com parent Info Edge’s long-term bets on Indian startups ranging from Zomato to Policybazaar, are yielding blockbuster returns of nearly 10 times and an estimated gross internal rate of return of 36%, according to the firm’s FY25 annual letter to shareholders. The firm, helmed by Sanjeev Bikhchandani -often referred to as India’s Warren Buffett – invested a total capital of Rs 3,959.16 crore across platforms over the last one and half decade. This investment today stands at the Fair Market Value (FMV) of Rs 36,855 crore.