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No plans to exit from any portfolio companies: Sanjeev Bikhchandani

Economic Times · 7m

Info Edge co-founder Sanjeev Bikhchandani has stated that the company is not currently considering exiting any of its portfolio companies. This comes as the stock markets reach all-time highs and some of Info Edge's listed portfolio companies, like Zomato and PB Fintech, have seen significant increases in their share prices. Bikhchandani emphasized the need for patience when investing in Indian startups, noting that the majority of the value is typically realized after several years. He also mentioned that if a portfolio company experiences major issues or receives a great acquisition offer, an exit may be considered. Info Edge reported an 8% YoY growth in operating revenue for the quarter.