Info Edge (India) Ltd, the parent company of Naukri.com, 99Acres.com, Jeevansathi.com, and Shiksha.com, has delivered an estimated gross internal rate of return (IRR) of 31% in this week. As this company has invested of ₹614 crore in more than 25 companies, their AI startup portfolio has increase to ₹1,268 crore. Surprisingly, they have grown to Bombay Stock Exchange top 100 gainers. For the last 6 years, this Noida-based company has invested ₹1,003 crore into 50 plus artificial intelligence and deeptech startups.

Info Edge management said that the technology initiatives in India is been promoted by several AI portfolio firms. However, IndiaAI Mission has selected an AI startup, Gnani.ai for their future growth with worth ₹177 crore GPU compute credits.

15 out of these 28 companies, Lumiq, Pascal AI, Attentive AI, Phot.ai, Osfin, Kris@Work, and Fanclash/Spectatr.ai, have risen follow-on funding from popular investors. This AI initiative is focusing on consumer AI and enterprise AI as SaaS service. Some of the startups is attracting funding from big investors in the market.

With 20% growth, their ₹455 crore deeptech portfolio is currently valued at ₹559 crore. In the past, they had invested ₹455 crore into 30 deeptech startups. Interestingly, many of these startups that are focusing on research and innovation are still at their initial stage. Some of these startups are also trying to create intellectual property creation. Unbox Robotics, actively involved in developing warehouse automation solutions with the use of swarm robotics received the biggest investment Info Edge (India) Ltd.