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Info Edge

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Info Edge (India) Limited
Company typePublic company
NSENAUKRI
BSE532777
IndustryInternet
Founded1995
FoundersSanjeev Bikhchandani[1]
Headquarters,
Key people
Hitesh Oberoi (CEO)[2][3]
ProductsZomato (27.6%)[4]
Naukri.com
Jeevansathi.com
99Acres.com
Shiksha.com

Info Edge (India) Limited is an Indian internet company that was founded by Sanjeev Bikhchandani in 1995. The company runs an online job portal Naukri.com, a matrimony website Jeevansathi.com, a real estate classifieds platform 99Acres.com and an educational website Shiksha.com.[5][6] It also holds a stake in other online companies including two unicorns[7]—the food delivery company Zomato (25.13% stake, as of January 2020)[8] and the insurance aggregator PolicyBazaar (19% stake, as of November 2019).[9]

Info Edge went public in 2006 under the name "Naukri";[10] as of 2018, more than 70 percent of the company's revenue comes from the job portal Naukri.com.[11][12] In 2020, the company set up a venture capital fund, Info Edge Venture Fund, to invest in online startup companies.[13][14]

References

  1. ^ "Why Sanjeev Bikhchandani, the Naukri man, wants to be a builder and funder with Info Edge". Economic Times. Retrieved 24 May 2020.
  2. ^ "Trying on new hats". Business Today. Retrieved 24 May 2020.
  3. ^ "How a sales-obsessed company has been developing its tech muscle". The Economic Times. Retrieved 24 May 2020.
  4. ^ "Zomato raises $210M from Ant Financial; InfoEdge loses majority stake". Medianame.com. 2018-10-15. Retrieved 2020-01-26.
  5. ^ "Info Edge: Getting the job done". Forbes India. Retrieved 24 May 2020.
  6. ^ "Info Edge spreads its start-up investments". Livemint. Retrieved 24 May 2020.
  7. ^ "It's an internet platform. It's a holding company. It's a VC fund. It's Info Edge!". The Ken. Retrieved 24 May 2020.
  8. ^ "Info Edge confirms Ant Financial's $150 million capital infusion in Zomato". Economic Times. Retrieved 24 May 2020.
  9. ^ "Info Edge confirms Tencent investment in PolicyBazaar; may consider Zomato stake sale in April-May". TechCircle. Retrieved 24 May 2020.
  10. ^ "Info Edge (India) Ltd". Business Standard. Retrieved 24 May 2020.
  11. ^ "Investments In AI, Revenue Growth May Stem Fall In Margin, Says Info Edge". Bloomberg Quint. Retrieved 24 May 2020.
  12. ^ "Info Edge's biggest edge". Forbes India. Retrieved 24 May 2020.
  13. ^ "Info Edge's tech start-up investment coffer much larger at Rs 750 cr". Business Standard. Retrieved 24 May 2020.
  14. ^ "Info Edge opens Rs 100 cr venture fund". Economic Times. Retrieved 24 May 2020.