New Delhi, June 25 -- Sanjeev Bikhchandani's InfoEdge has allocated nearly 50% of its startup investments to deeptech and artificial intelligence over the last 12 months.

InfoEdge's investments have traditionally focused on consumer tech, leading to large companies like Eternal (Zomato and Blinkit) and PB Fintech, which are now multi-billion-dollar companies.

The addition of the two sectors in which the firm is investing is driven primarily by two reasons.

"The key change here is that both AI and deeptech are absolutely transformational in their ability to create new business models," said Chinmaya Sharma, partner at InfoEdge Ventures, in an interview with Mint. "More importantly, they've become topics of strategic interest for the cou...