The Ledger
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Dahiya: Info Edge sold a 30% stake before later reinvesting $60 million
“InfoAge actually sold shares worth 133 crores, right? And it did sell. And they sold almost 30% of what they had at that time. And then they came back and invested sixty million dollars.”
Dahiya: Almost Half Of Info Edge's Value Lies In Its Investments
“I think today for info edge, almost half its value lies in its investments.”
Info Edge and Temasek Committed $425M Across Four Venture Funds
“Since then, we've got a total of four funds. Total commitment for twenty-five million. Half from Temasek and half from Profits of InfoEdge. From InfoEdge.”
Bikhchandani: Info Edge wrote a massive 2008 check pre-PowerPoint
“Ha, it was a large check for us in 2008. But in 2008 was a large check for us. We, on a PowerPoint or even pre-PowerPoint.”
Info Edge Is Policybazaar's Only Pre-IPO Investor That Did Not Sell Stake
“Out of our pre IPO investors, only InfoEdge and Temaseka left and Temaseka also sold half its stake, right? So actually the only one who's not sold their stake is InfoEdge, right?”
Info Edge Raised 7.3 Crore Rupees ($1.7M) Before the Dot-Com Crash
“We had to make do with what we'd raised, which was 7.3 crores, which was 1.7 million dollars then, exchange it was 40 rupees that time.”
Info Edge's Series A Was Its Only Funding Round Before Going Public
“Six years from our series A, first round. And series A was the only round we ever had.”
Info Edge Reached 84 Crore Revenue Before Its October 2006 IPO
“We were 84 CR in March. We are ending March 2000 six. We went public in October. And in March, 2007, we did one 47 CR.”
Info Edge Holds Approximately ₹3,400 Crore in Cash on Its Balance Sheet
“So the company currently has got about three, eight, 3405 hundred crores, 3400 crores, I think, of cash in the books.”
Naukri's Billings Dropped 44% During the Initial COVID-19 Quarter
“Knockly sales growth, buildings growth in April, June, 2000, 20, was -44%.”
Info Edge Deployed Over 200 Crores Into Startups Between 2007 and 2012
“Between 2007, when we had our first investment. To 2012, in five years, we had more than 200 crores invested.”