In a shareholders’ letter released on Monday, Info Edge (India) Ltd. disclosed that it has deployed more than ₹1,003 cr across 54 AI‑ and deep‑tech companies since 2020. The company said it began backing these themes well before they gained mainstream investor attention and that it prefers investing in Indian‑domiciled firms led by Indian founders.

The AI portfolio totals ₹614 cr invested in 28 startups. As of 31 March 2026 the portfolio was valued at ₹1,268 cr, giving a 2.1× multiple on invested capital and a gross internal rate of return (IRR) of about 31 %. The company said 15 of the 28 companies have subsequently raised externally led funding rounds. It also noted that voice‑AI startup Gnani.ai was selected under the IndiaAI Mission and received government GPU compute credits worth ₹177 cr.

For deep‑tech, Info Edge has deployed ₹455 cr across 30 companies. The portfolio is valued at ₹559 cr, translating into a 1.2× multiple and an estimated gross IRR of 15 %. The company said many of these investments were made at the intellectual‑property creation and research‑and‑development stage. Deep‑tech startups ePlane and Manastu Space have secured support under the government’s Research Development and Innovation (RDI) scheme, receiving ₹285 cr and ₹115 cr respectively.

Consumer technology is the largest segment of Info Edge’s startup portfolio. The company said it has invested ₹2,755 cr across 45 consumer‑tech and consumer‑AI startups, which are now valued at ₹37,214 cr. This represents a 13.5× multiple and a gross IRR of around 34 %.

Overall, Info Edge and its managed funds have invested nearly ₹4,900 cr across 135 startups spanning AI, deep‑tech, consumer technology, SaaS and fintech. The portfolio is currently valued at about ₹41,300 cr. The company said it expects India to produce an increasing number of globally relevant technology businesses, with AI poised to reshape both startups and established internet companies over the coming decade.

The company’s early commitment to AI and deep‑tech aligns with government initiatives such as the IndiaAI Mission and the RDI scheme, which provide compute credits and research funding. While the AI and consumer‑tech segments show strong returns, the deep‑tech portfolio’s lower multiple reflects the longer development timelines typical of IP‑heavy ventures.

At present, Info Edge’s portfolio demonstrates a diversified exposure to emerging technology sectors, with substantial valuation gains in AI and consumer technology. The company’s ongoing investments and the continued support from national programmes suggest that its strategy will remain focused on nurturing Indian‑led innovation across the technology spectrum.