India, June 23 -- Info Edge has emerged as one of India's earliest institutional backers of artificial intelligence and deep technology startups, with investments of more than Rs 1,000 crore across 54 companies since 2020, generating early gains and attracting follow-on funding from global investors.

Info Edge, one of India's most active startup investors, said its early bets on artificial intelligence and deep technology startups are beginning to pay off, as the company doubled down on its conviction that AI, deeptech and consumer technology will drive the next wave of value creation from India.

In a letter to shareholders, founder and vice chairman Sanjeev Bikhchandani said Info Edge has invested more than Rs 1,000 crore across 54 AI ...