New fund · Enterprise Software & IT

Info Edge approves ₹250 Cr for new B8 Fund I

By Startup Enthusiast · 26 February 2026

What they do

Info Edge is an online marketplace company that connects job seekers with employers and helps users find homes

The board approved a ₹250 crore commitment to B8 Fund I, a new Category II Alternative Investment Fund managed by Smartweb Internet Services Limited

This fund targets growth-stage tech companies in India and adds to Info Edge's existing portfolio valued at ₹48,000 crore

Info Edge board approved a ₹250 Cr commitment to the new B8 Fund I.
Smartweb Internet Services Limited will act as the sponsor and investment manager for this fund.
The fund is structured as a Category II Alternative Investment Fund registered with SEBI.
It aims to back growth-stage, tech-enabled companies primarily focused on the Indian market.
The fund has an initial tenure of eight years from its first closing date.
Contributors can extend the tenure by two years with consent from two-thirds of contributors.
External sponsors may join later to increase the total corpus beyond the initial amount.
This marks Info Edge's first dedicated vehicle for the startup scaling phase.

The fund focuses on later-stage startups rather than early-stage ventures.
It signals a strategic shift towards supporting established tech companies in India.
Info Edge plans to potentially expand the fund size through external contributions.
This move complements their existing venture capital arms like Info Edge Ventures.

Info Edge operates major platforms like Naukri.com for jobs and 99acres for real estate.
The company generates revenue through subscription fees and advertising on these platforms.
It also invests in various startups through its balance sheet and venture funds.
Info Edge Ventures manages funds in partnership with Temasek for broader investments.
Redstart Labs focuses on deep tech and robotics startups within the portfolio.
The company reported Q3 FY26 operating revenue of ₹819 Cr.
Net profit for Q3 FY26 rose 10% year-on-year to ₹317 Cr.
The fair market value of its portfolio stood at ₹48,000 Cr in December 2025.
Previous investments include stakes in Zomato, Policybazaar, and Shiprocket.

Info Edge (investor) — Indian internet company known for Naukri.com and 99acres.
Temasek (partner) — Singaporean sovereign wealth fund partnering in Info Edge Ventures.