Info Edge Carves Out ₹1,003 Crore AI and Deeptech Portfolio

The company disclosed paper markups that show stronger early gains in AI than deeptech and said it will treat the holdings as long‑horizon, patient capital.

Overview

Info Edge filed a shareholder letter on Monday that for the first time separates its AI and deeptech investments into a standalone book totaling ₹1,003 crore across 54 startups.
The AI tranche of ₹614 crore across 28 firms is carried at ₹1,268 crore, a 2.1x multiple and an estimated gross IRR of about 31 percent.
Info Edge’s deeptech book comprises ₹455 crore in 30 companies carried at ₹559 crore, a 1.2x multiple and an estimated gross IRR near 15 percent.
Management cautioned these are intermediate markups based on later-round prices or independent valuers and said many holdings remain early‑stage with outcomes likely to take seven to ten years.
The disclosure notes recent government support for portfolio firms—Gnani.ai received GPU credits under the IndiaAI Mission and ePlane and Manastu Space won conditional RDI allocations—and places the new book alongside a larger consumer‑tech portfolio that still drives most reported value.