Info Edge (India) Ltd is stepping up its startup investment strategy with a fresh commitment of ₹700 million across emerging tech ventures. Additionally, the company invests ₹50 million in its wholly owned subsidiary Smartweb Internet Services, enhancing its role as both sponsor and investment manager of a new alternative investment fund.
Info Edge (India) Ltd, a leading player in the Indian internet and startup ecosystem, has announced plans to invest ₹700 million in various startup ventures, reinforcing its position as a major early-stage investor in technology-driven sectors. This initiative aligns with the company’s strategy to back cutting-edge innovations and nurture emerging growth companies.
As part of this investment drive, Info Edge has also allocated ₹50 million to Smartweb Internet Services, its wholly owned subsidiary. Smartweb acts as the sponsor and investment manager for Info Edge’s alternative investment fund, tasked with deploying capital into promising tech startups across AI, SaaS, and other deep tech domains.
With a proven track record of early investments in marquee startups like Zomato (now Eternal) and PB Fintech (Policybazaar), Info Edge continues to deepen its portfolio and expand its footprint in the venture ecosystem. The new investments aim to accelerate this trajectory by supporting innovative ventures that promise scalability and market disruption.
Key Highlights
Info Edge India Ltd plans ₹700 million investments in startups
₹50 million invested in wholly owned subsidiary Smartweb Internet Services
Smartweb acts as sponsor and investment manager for Info Edge’s alternative investment fund
Focus sectors: AI, SaaS, deep tech startups
Proven investor in leading startups like Zomato and PB Fintech
Investment supports India’s growing tech startup ecosystem
Strategic step to expand Info Edge’s venture capital footprint and innovation leadership
Source: ICICI Direct report, Inc42, India Infoline, Business Standard, LinkedIn.