Omidyar earns Rs 300 crore from exiting two of its portfolio companies
Omidyar earned five times its investment from the Aspiring Minds transaction and 10-fold returns from the WhiteHat Jr deal. Exits are very difficult to predict, it takes a lot of time to get all stakeholders aligned. Omidyar, which has 34 people on the ground, has added 14 people since its spin out in January 2019. Given our large portfolio already, plus our intention of deploying $350 (million) more, we needed to build out a team. We will do some more additions, but a lot of focus in recent times has been team building,â€� Kudva said.