You don’t need millions of dollars to invest in India’s Startup Story, you can invest with an amount as little as INR 2082.55! Yes, You read it right.
Each one of here wants to invest in booming e-commerce companies, but can’t find a medium. Here we present you a simple solution for your investment dream.
Info Edge (India) Limited is a listed company (BSE/NSE) and fully operates four of India’s renowned Startup Companies: Naukri.com, 99acres.com, Jeevansathi.com and shiksha.com. Further, it is also invested in several Startups. Some of them are: Zomato (26.38% stake), Meritnation (65.67%), Policybazaar (15.85%), Ustraa (41.1%), etc. (As of 30th June’19).
Info Edge is essentially a debt free company and is currently sitting on a cash pile of INR 11.7 billion, representing 38% of it’s total assets. While 49% of its total assets represent investment in startups.
Info Edge follows a conservative investment approach and to a certain extent invests in only established startups. By buying shares of Info Edge, you can indirectly get an exposure to India’s startup story. This will not help in diversifying the portfolio, but will also enhance the returns.
Info Edge has given a return of 40.1% to its shareholders’ in the last 1 year.
CMP: INR 2082.55
Disclaimer: Authors of the blog don’t have any stake in the company in their personal capacity. This is not a stock recommendation and is solely for knowledge purpose.
Source: Company Annual Report, Investor Presentation and BSE.