Mint reports that InfoEdge allocated nearly 50% of its startup investments to deeptech and artificial intelligence over the past 12 months. Mint reports that since 2020 the firm has invested in 30 deeptech companies, deploying Rs 455 crore, and in 28 AI companies, deploying Rs 614 crore; Mint adds that 26 deeptech portfolio companies and 15 AI companies have raised follow-on funding, the latter group including voice-AI platform Gnani.ai. Mint quotes InfoEdge Ventures partner Chinmaya Sharma saying, “The key change here is that both AI and deeptech are absolutely transformational in their ability to create new business models,” and that they have become topics of “strategic interest for the country.” Mint also notes InfoEdge’s historical focus on consumer tech that produced companies such as PB Fintech.