Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Info Edge sees blockbuster returns on early-stage bets in Zomato, Policybazaar
Info Edge has generated blockbuster returns from its early-stage bets on Zomato and Policybazaar, with the combined holdings now worth over 3.7billion.The online classifieds pioneer invested just million across these two startups in their initial years, representing one of India's most successful venture capital plays. Info Edge's 15-18% stakes in these companies have appreciated nearly 200x since initial investment, compensating for losses in other portfolio companies. This success has established Info Edge as a model for corporate venture capital in India, demonstrating how patient capital in category-creating startups can yield extraordinary returns. The company continues to actively invest through its venture arm, recently leading a $25 million round in a SaaS startup. These returns have significantly bolstered Info Edge's balance sheet, enabling more aggressive follow-on investments in its winners.