Info Edge's stock surged over 4% as its artificial intelligence investments more than doubled in value, reaching Rs 1,268 crore. The company's AI startup portfolio has yielded a 2.1x multiple and a 31% internal rate of return. Overall, Info Edge's startup investments are now valued at Rs 41,300 crore, reflecting strong growth across its technology ventures.
Info Edge's stock surged over 4% today, driven by its artificial intelligence investments more than doubling in value to Rs 1,268 crore. The company's AI startup portfolio has shown a 2.1x multiple and a 31% internal rate of return. Overall, Info Edge's total startup investments…
Market Samachar is a news aggregator. This article was originally published by Stocks-Markets-Economic Times. Tap the button above to read the full story on their site.