We have been a technology-first investor over the years. The primary sniff test that we deploy to be able to tell ourselves if there is an opportunity is that technology should be at the forefront of the product and offering of the company.
Chinmaya Sharma
InfoEdge Ventures
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Around 80-85 percent of our investments are in companies where we are the first or second institutional investor. We reserve a significant chunk—more than 50 percent—for follow-ons, and about 15-20 percent for late-stage, pre-IPO opportunities.
Agarwal
InfoEdge Ventures
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Key Facts
- InfoEdge Ventures launched its first fund in 2019 with a $100 million base and a $100 million greenshoe option, marking its initial foray into venture capital.1
- The second fund closed in 2022 with $167 million raised, showing steady growth in the firm's capital raising efforts.1
- InfoEdge Ventures is preparing its third fund with a Rs 1,000 crore anchor commitment and targeting a final close of $180-200 million, maintaining a similar fund size to previous rounds.1
- The firm is doubling down on AI, SaaS, and B2B platforms while also exploring emerging sectors such as climate, sustainability, cybersecurity, and defence tech.1
- InfoEdge Ventures emphasizes early-stage investments, often being the first or second institutional investor in about 80-85% of its portfolio companies.1
- The firm reserves over 50% of its capital for follow-on investments and allocates about 15-20% for late-stage, pre-IPO opportunities, reflecting a strategic approach to portfolio growth.1
Key Stats at a Glance
Anchor commitment for third fund
Rs 1000 crore
Target final close for third fund
$180-200 million
Second fund size (2022)
$167 million
First fund base size (2019)
$100 million
Percentage of investments as first or second institutional investor
80-85%
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Capital reserved for follow-on investments
more than 50%
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Capital reserved for late-stage, pre-IPO opportunities
15-20%
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