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Info Edge pegs Zomato, PB Fintech holdings at $3.7 billion

EntrackrEntrackr · 2m ago
Info Edge pegs Zomato, PB Fintech holdings at $3.7 billion
Medial

Info Edge (India) Ltd has pegged the combined value of its holdings in two of India’s top tech internet firms—Zomato and PB Fintech (which operates Policybazaar and Paisabazaar)—at Rs 31,500 crore (approximately $3.7 billion) as of March 31, 2025, according to its latest disclosures. The Gurugram-based internet conglomerate holds a 12.38% stake in Zomato and 19% in PB Fintech—key pillars of Info Edge’s listed tech portfolio that continue to add significant value to its balance sheet. According to an analyst report from Info Edge, its investment activities account for approximately 30–40% of the company’s overall value. The firm made its initial investments in Policybazaar in 2008 and Zomato in 2010, when the firms were valued at Rs 21 crore and Rs 9.4 crore, respectively, as per shareholder records. So far, Info Edge has backed 111 startups using a mix of its own capital and funds through its Alternative Investment Fund (AIF) arm. It has invested Rs 3,959 crore across these companies, while the fair market value of its portfolio stands at Rs 36,855 crore ($4.33 billion), implying an estimated gross internal rate of return (IRR) of 36%. While Info Edge has not indicated any immediate plans to exit or monetize these key holdings, the disclosures reaffirm how startup equity continues to be a critical pillar in its long-term value creation strategy.

Exclusive: Decentro to kick off Series B round led by Info Edge

EntrackrEntrackr · 1m ago
Exclusive: Decentro to kick off Series B round led by Info Edge
Medial

Exclusive: Decentro to kick off Series B round led by Info Edge Y-Combinator-backed fintech startup Decentro is set to raise Rs 26.3 crore (around $3 million) in its Series B round led by Info Edge, with participation from Stargazer Ventures and Infinyte Club Angel Fund. This funding comes nearly 2.5 years after the company raised $4.7 million in a round led by Rapyd Ventures, Leonis VC, and Uncorrelated Ventures, with participation from Kunal Shah (Founder and CEO of CRED), Lalit Keshre (Co-founder and CEO of Groww), and other angel investors. The Decentro’s board passed a resolution to approve the issue of 2 equity shares and 14,260 Series B CCPS at an issue price of Rs 18,442 each, to raise Rs 26.3 crore or $3 million, its regulatory filings accessed from the Registrar of Companies (RoC) show. Info Edge is set to lead the round with an investment of Rs 25 crore, while Stargazer Ventures and Infinyte Club Angel Fund will contribute Rs 1 crore and Rs 30 lakh, respectively. Founded in 2020, Decentro is an API platform that simplifies banking integrations for businesses, enabling them to quickly launch and scale financial products. It offers a full-stack solution for onboarding, account creation, payments, and other banking services, allowing companies to focus on their core offerings. This will be the first instance for the Singapore-based company to raise funding via an Indian entity. As per its consolidated financial statements filed with the Registrar of Companies (RoC), Decentro reported a 47% year-on-year increase in operating revenue to Rs 17.7 crore in FY24, up from Rs 12 crore in FY23. However, the company slipped into a loss of Rs 2.46 crore during the same period, after posting a profit in the previous fiscal.

Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X

EntrackrEntrackr · 5m ago
Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X
Medial

Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X Info Edge, the parent company of Naukri and 99acres, released its unaudited financial results for Q3 FY25. According to the company’s update sourced from the National Stock Exchange (NSE), revenue from operations grew by 15.2% to Rs 722 crore in Q3 FY25 from Rs 627 crore in Q3 FY24. The company recorded Rs 2,100 crore in revenue during the first nine months of FY25, with profits reaching Rs 632 crore. Info Edge derives the majority of its revenue—73%—from Naukri.com, which contributed Rs 527 crore in Q3 FY25, marking a 12.3% year-on-year growth compared to Q3 FY24. Meanwhile, revenue from 99 acres reached Rs 104 crore, while the Jeevansathi and Shiksha segments collectively generated Rs 91 crore during the same quarter. The company added another Rs 187 crore from interest on deposits and investments, which pushed its overall revenue to Rs 9,094 crore in Q3 FY25, compared to Rs 660 crore in Q3 FY24. Info Edge spent 62.6% of its overall expenditure on employee benefits, which increased by a modest 9.7% year-on-year to Rs 305 crore in Q3 FY25. Its advertising and internet costs stood at Rs 82 crore and 20 crore, respectively. The company’s overall cost grew 7% YoY to Rs 487 crore in Q3 FY25 from Rs 455 crore in Q3 FY24. The steady growth and surge in other income with controlled expenditure led its profits to increase by 142% to Rs 288 crore in Q3 FY25, compared to Rs 119 crore in Q3 FY24. On a unit level, it spent Rs 0.67 to earn a rupee in Q3 FY25. As of 4:40 PM, Info Edge is trading at Rs 7,910, reflecting a Rs 203.1 increase following today's results. Its total market capitalization value improved to Rs 1,02,501 crore ($12.2 billion).

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