InfoEdge has recorded 36% return on startup investments since 2007: Sanjeev Bikhchandani

Naukri.com parent InfoEdge has achieved 36% returns from its early-stage investments in startups since 2007, said founder and vice chairperson Sanjeev Bikhchandani. In a letter to shareholders on Wednesday, the serial entrepreneur said InfoEdge’s Alternative Investment Fund (AIF) investments alone have yielded 18.7% returns.The company and its affiliates have invested a total of Rs 3,959.16 crore, with the fair market value of the invested capital growing to Rs 36,855.40 crore today.

A lot of these returns were realised in the last five to seven…