Info Edge (India) Ltd has cemented its role as a powerhouse in India’s startup landscape by valuing its combined stakes in Zomato and PB Fintech at $3.7 billion as of March 31, 2025. This milestone highlights Info Edge’s foresight in backing high-potential digital platforms early on and its growing influence in India’s tech-driven economy.

Info Edge’s Zomato and PB Fintech Stakes: What the $3.7B Valuation Means

As of March 31, 2025, Info Edge (India) Ltd has pegged the combined value of its holdings in two of India’s prominent tech firms Zomato and PB Fintech at ₹31,500 crore, approximately $3.7 billion. This valuation reflects Info Edge’s strategic foresight in investing early in these companies and its continued confidence in their growth trajectories. 

The Gurugram-based conglomerate holds a 12.38% stake in Zomato and a 19% stake in PB Fintech, the parent company of Policybazaar and Paisabazaar. These investments have become central pillars in Info Edge’s diversified portfolio, contributing significantly to its overall market capitalization.

Info Edge’s Investment Strategy: How Early Bets Yielded Massive Returns

Info Edge’s initial investments in these companies date back to 2008 for Policybazaar and 2010 for Zomato. At the time, Policybazaar was valued at ₹21 crore, and Zomato at ₹9.4 crore. Over the years, these investments have yielded substantial returns, with the current combined valuation standing at ₹31,500 crore.

Beyond these two major holdings, Info Edge has invested in 111 startups through a combination of its own capital and funds managed via its Alternative Investment Fund (AIF) arm. The total investment across these ventures amounts to ₹3,959 crore, with the fair market value of the portfolio estimated at ₹36,855 crore ($4.33 billion). This implies an impressive gross internal rate of return (IRR) of 36%.

Info Edge’s investment activities contribute approximately 30–40% to the company’s overall value, emphasizing the significance of its venture capital endeavors in its business model. The company’s approach combines strategic foresight with a commitment to supporting innovative startups, positioning it as a key player in India’s digital economy.

Market Impact: Info Edge’s Investment Holdings and Shareholder Implications

Info Edge’s approach to investment is characterized by patience and a long-term vision. The company has not indicated any immediate plans to exit or monetize its stakes in Zomato and PB Fintech, suggesting a continued belief in their potential for growth and value creation.

However, the significant weight of these holdings has influenced Info Edge’s own stock performance, with fluctuations in Zomato and PB Fintech’s share prices impacting Info Edge’s market valuation. In response, Info Edge recently executed a stock split in a 1:5 ratio to enhance liquidity and make shares more accessible to retail investors.

There is ongoing discussion about the possibility of segregating Info Edge’s investment holdings into a separate listed entity. Such a move could provide clearer visibility into the performance of its core businesses, such as Naukri.com, 99acres, and Jeevansathi, which may currently be overshadowed by the valuation dynamics of its investment portfolio.

Conclusion

Info Edge’s substantial holdings in Zomato and PB Fintech underscore its strategic acumen in the Indian tech landscape. The company’s investment philosophy, characterized by early identification of high-growth potential ventures and sustained support, has yielded significant returns and solidified its position as a cornerstone investor in India’s startup ecosystem.

As Info Edge continues to reshape India’s tech investment space, its strategic plays in Zomato, PB Fintech, and beyond serve as a blueprint for long-term value creation in the startup economy.

Stay Connected with Startup Caffe

At Startup Caffe, we believe that behind every funding figure and valuation surge is a story of vision, risk, and relentless execution. Info Edge’s strategic plays in Zomato and PB Fintech are more than portfolio wins, they are benchmarks of how smart capital can shape India’s digital future. As India’s startup ecosystem matures, we will continue bringing you the insights that matter from high-stake investments to game-changing innovations.