InfoEdge has recorded 36% return on startup investments since 2007: Sanjeev Bikhchandani

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Naukri.com parent InfoEdge has achieved 36% returns from its early-stage investments in startups since 2007, said founder and vice chairperson Sanjeev Bikhchandani. In a letter to shareholders on Wednesday, the serial entrepreneur said InfoEdge’s Alternative Investment Fund (AIF) investments alone have yielded 18.7% returns.The company and its affiliates have invested a total of Rs 3,959.16 crore, with the fair market value of the invested capital growing to Rs 36,855.40 crore today.

A lot of these returns were realised in the last five to seven…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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InfoEdge has recorded 36% return on startup investments since 2007: Sanjeev Bikhchandani


Naukri.com parent InfoEdge has achieved 36% returns from its early-stage investments in startups since 2007, said founder and vice chairperson Sanjeev Bikhchandani. In a letter to shareholders on Wednesday, the serial entrepreneur said InfoEdge’s Alternative Investment Fund (AIF) investments alone have yielded 18.7% returns.The company and its affiliates have invested a total of Rs 3,959.16 crore, with the fair market value of the invested capital growing to Rs 36,855.40 crore today.

A lot of these returns were realised in the last five to seven…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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