India, May 7 -- Naukri parent Info Edge has made 9X growth on startup investments with an estimated gross internal rate of return (IRR) of 36%.

In a letter to its shareholders, Info Edge disclosed that it has invested a total capital of INR 3,959.16 Cr via its platform and other LPs. This investment today stands at the Fair Market Value (FMV) of INR 36,855.40 Cr.

"Our team has seen more than one seed to IPO journeys. Their north star remains strong governance and financial controls as much as strong financial returns. The latter is never chased in compromise of the former," said Info Edge cofounder Sanjeev Bikhchadani.

Notably, Info Edge is one of the early backers in homegrown listed companies, including Zomato and Policybazaar. The i...