InfoEdge Founder and Executive Vice Chairman Sanjeev Bikhchandani says his company has invested only Rs 1,500 crore in start-ups in the past 14 years, has not ignored its operating businesses and deploys only a handful of employees for running the venture capital business. “The capital deployed by the company at cost, in investments, has been only Rs 1,500 crore in the past 14 years. It is not that we have invested a lot, it is just that we have had two blockbuster outcomes in Zomato and Policy Bazaar in which we have invested for over decades.
So it looks like a lot. We also …
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First Published: Sat, November 27 2021. 06:10 IST
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