₹1,000 Cr Approved for Info Edge Venture Fund

Info Edge (India) Limited, the parent company behind popular online platforms like Naukri.com, has received overwhelming shareholder approval to invest up to ₹1,000 crore in its third venture capital fund — Info Edge Venture Investment Fund III. This move highlights the company’s ongoing strategic commitment to supporting early- and growth-stage startups within India’s rapidly evolving technology ecosystem.

Record Shareholder Approval Reflects Strong Confidence

The resolution to approve the investment was passed with an extraordinary 99.999% of valid votes in favor, reflecting strong investor confidence in Info Edge’s venture investment strategy. Voting was conducted via postal ballot and remote e-voting, with a significant 44.28% shareholder turnout. Out of 129.6 million equity shares, 57.37 million were voted, underscoring active shareholder participation.

Focused Investment in High-Growth Tech Sectors

The ₹1,000 crore capital infusion will be managed by Smartweb Internet Services Ltd., a wholly owned subsidiary of Info Edge, under the Karkardooma Trust structure. The fund will primarily focus on early- and growth-stage technology startups, targeting sectors such as consumer internet services, SaaS (Software as a Service), fintech, and healthtech. This approach continues the investment thesis established by Info Edge’s previous funds launched in 2020 and 2024, aimed at fueling India’s burgeoning startup ecosystem.

Strong Market Position with High-Value Stakes

As of March 31, 2025, Info Edge holds significant stakes in prominent tech firms including Zomato and PB Fintech, with a total valuation of approximately ₹31,500 crore (around $3.7 billion). These investments demonstrate Info Edge’s strong position and influence in India’s tech startup landscape, providing capital and strategic guidance to high-growth ventures.

Driving Innovation and Scaling India’s Startup Ecosystem

This latest fund reinforces Info Edge’s long-term vision of fostering innovation and supporting disruptive startups across high-growth sectors. By leveraging its capital, network, and experience, the company aims to further catalyze India’s entrepreneurial ecosystem and help startups scale in line with the country’s broader push toward digitization and innovation.

In summary, Info Edge’s shareholder approval to invest ₹1,000 crore in its third venture capital fund marks a strong commitment to driving India’s startup growth story, positioning the company as a key player shaping the future of technology innovation in the country.