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Info Edge

From Wikipedia, the free encyclopedia
Indian multinational technology company

Info Edge (India) Limited
Company typePublic
ISININE663F01024
Industry
Founded1995; 30 years ago (1995)
FounderSanjeev Bikhchandani[1]
Headquarters,
India
Area served
India,United Arab Emirates,Bahrain,Saudi Arabia
Key people
Hitesh Oberoi (CEO)[2][3]
Products
Services
RevenueIncrease2,654 crore (US$310 million) (FY25)[4]
Increase1,073 crore (US$130 million) (FY25)[4]
Increase977 crore (US$120 million) (FY25)[4]
Number of employees
4,049 (2022)[5]
Websitewww.infoedge.in

Info Edge is an Indiantechnology holding company which owns, operates and invests ininternet-led businesses.[6] The company's offerings include the flagship employment websiteNaukri.com, matrimonial websiteJeevansathi.com, real estate classifieds platform 99Acres.com, and educational portal Shiksha.com, among others.[7][8] As of 2018, more than 70 percent of the company's revenue came from Naukri.com.[9][10]

As of September 2020, it also heldminority stakes in 23 online companies[11] including twounicorns[12]—the food delivery companyZomato (15.23% stake, as of July 2021)[13] and the insurance aggregatorPolicybazaar (13.3% stake, as of November 2021).[14][15]

History

[edit]

Info Edge was founded bySanjeev Bikhchandani in 1995, initially reproducingclassified ads from newspapers on its website. In April 1997, Bikhchandani started Naukri.com with help from his brother and friends.[16] It then launched Jeevansathi.com in 1998, 99acres.com in 2005 and Shiksha.com in 2008.[17] Info Edgewent public in 2006 under theticker symbol "Naukri".[18] It launched offshoots of Naukri such as NaukriGulf.com forGulf countries in 2006[19] and FirstNaukri.com for campus recruitment in 2009.[20]

Info Edge was one of the early investors of Zomato (then known as FoodieBay) and reportedly invested in Policybazaar in 2008 before its website was launched.[17] Between 2010 and 2013, Info Edge invested a total of86 crore in Zomato across four rounds and became the controlling shareholder in Zomato.[21] Zomato ceased to be a subsidiary of Info Edge in September 2015.[22]

In 2020, the company set up analternative investment arm called Info Edge Ventures[23] under which it started Info Edge Venture Fund, aventure capital fund to invest in early-stage technology startups.[24][25] As of 2022, Info Edge Ventures has threeinvestment funds–Info Edge Venture Fund, Info Edge Capital, and Capital 2B.[5]

Acquisitions

[edit]
YearCompanyTypeRef.
2017AmbitionBoxworkplace discovery platform[26]
2019iimjobs.com
hirist.tech
job portals[27]
2021ZwayamHR software[28]
2021DoSelectHR and skilling platform[29]
2022Aisledating app[30]
2022Broker Networkreal estate broker platform[31]
2022Coding Ninjasedtech platform[32]
2019BigShyftrecruitment

Affiliated companies

[edit]

References

[edit]
  1. ^"Why Sanjeev Bikhchandani, the Naukri man, wants to be a builder and funder with Info Edge".Economic Times. Retrieved24 May 2020.
  2. ^"Trying on new hats".Business Today. Retrieved24 May 2020.
  3. ^"How a sales-obsessed company has been developing its tech muscle".The Economic Times. Retrieved24 May 2020.
  4. ^abc"Infoedge"(PDF). HSIE. Retrieved31 July 2025.
  5. ^ab"Temasek to invest $162.5 million in three Info Edge Ventures funds".Moneycontrol. Retrieved16 February 2023.
  6. ^"HSBC values Info Edge's stake in Zomato at $1.1 billion; stock jumps 5%".Business Standard India. 2 September 2020. Retrieved28 April 2021.
  7. ^"Info Edge: Getting the job done".Forbes India. Retrieved24 May 2020.
  8. ^"Info Edge spreads its start-up investments".Livemint. Retrieved24 May 2020.
  9. ^"Investments In AI, Revenue Growth May Stem Fall In Margin, Says Info Edge".Bloomberg Quint. Retrieved24 May 2020.
  10. ^"Info Edge's biggest edge".Forbes India. Retrieved24 May 2020.
  11. ^"Hottest India Internet Stock Surging Despite Valuation Fears".Bloomberg.com. 18 November 2020. Retrieved27 November 2020.
  12. ^"It's an internet platform. It's a holding company. It's a VC fund. It's Info Edge!".The Ken. Retrieved24 May 2020.
  13. ^Shah, Sneha."Info Edge clocks a return of 1,050 times on Zomato investment".The Economic Times. Retrieved25 January 2022.
  14. ^"Info Edge, SoftBank among biggest winners as Policybazaar lists".The Economic Times. Retrieved25 January 2022.
  15. ^"Info Edge raises capital to tap inorganic opportunities; flexible on investments in Zomato, PolicyBazaar".www.timesnownews.com. Retrieved27 November 2020.
  16. ^"The amazing story of the making of Naukri.com".Rediff. Retrieved6 February 2023.
  17. ^ab"Info Edge: Investing in ideas".www.fortuneindia.com. Retrieved27 November 2020.
  18. ^"Info Edge (India) Ltd".Business Standard. Retrieved24 May 2020.
  19. ^"Naukri.com enters Middle-East market".Tribune India. Retrieved6 February 2023.
  20. ^Mukherjee, Pradipta (28 January 2009)."Info Edge plans portal for freshers".Business Standard India. Retrieved6 February 2023.
  21. ^"Info Edge invests $10M afresh in Zomato, values firm at around $55M".VCCircle. Archived fromthe original on 3 January 2023. Retrieved3 January 2023.
  22. ^Verma, Shrutika (7 September 2015)."Zomato raises fresh funds of $60 million, taking Info Edge's stake down to 47%".mint. Retrieved6 February 2023.
  23. ^Das Gupta, Surajeet (1 September 2020)."Info Edge founder wants a hat-trick after Zomato, PolicyBazaar success".Business Standard. Retrieved16 February 2023.
  24. ^"Info Edge's tech start-up investment coffer much larger at Rs 750 cr".Business Standard. Retrieved24 May 2020.
  25. ^"Info Edge opens Rs 100 cr venture fund".Economic Times. Retrieved24 May 2020.
  26. ^"Info Edge brings AmbitionBox under its fold".The Economic Times. Retrieved14 March 2021.
  27. ^Nanda, Prashant K. (28 May 2019)."Naukri.com acquires recruitment portals iimjobs.com and hirist.com".mint. Retrieved6 February 2023.
  28. ^Ghosh, Debangana (13 June 2021)."Info Edge to acquire HR SaaS startup Zwayam to boost Naukri's growth".The Hindu Businessline. Retrieved6 February 2023.
  29. ^"Naukri parent Info Edge acquires HR tech startup DoSelect".The Economic Times. 23 July 2021. Retrieved6 February 2023.
  30. ^Kumar, V. Sajeev (16 March 2022)."Tech company Info Edge takes 76% stake in dating app Aisle".The Hindu Businessline. Retrieved6 February 2023.
  31. ^Upadhyay, Harsh (31 May 2022)."Info Edge acquires majority stake in Rahul Yadav's startup 4B Networks".Entrackr. Retrieved6 February 2023.
  32. ^"Info Edge gains on acquiring controlling stake in CodingNinjas".Business Standard India. 6 October 2022. Retrieved6 February 2023.

External links

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