Mumbai, June 23 -- Amid rising calls to build sovereign AI models and applications in India, Naukri founder Sanjeev Bikhchandani on Monday said in a letter to shareholders that his investments in homegrown AI startups have more than doubled in value over the past six years-just a week after the country saw its first pure-play AI startup hit unicorn status.

Info Edge (India) Ltd, which runs job-hunting platform Naukri, said it has deployed Rs.614 crore across 28 AI startups since 2020, and now values the portfolio at Rs.1,268 crore-more than doubling the value of its AI investments. Bikhchandani, through his subsidiary investment and holding arms, invested a further Rs.455 crore in deep-tech startups, which he now valued at Rs.559 crore....