Mumbai, June 23 -- In a letter to shareholders, the company said it has invested Rs 1,003 crore in 54 AI and deeptech startups since 2020. The AI portfolio, comprising 28 companies, has attracted investments of Rs 614 crore and is currently valued at Rs 1,268 crore, implying a 2.1x multiple and an estimated gross internal rate of return (IRR) of around 31%. However, the company cautioned that these are intermediate valuations and the real test lies in actual exits or IPOs.

Its deeptech portfolio includes 30 companies across sectors such as robotics, semiconductors, spacetech, biotech and electric mobility. Info Edge has invested Rs 455 crore in these ventures, which are currently valued at Rs 559 crore, translating into a 1.2x multiple a...