Info Edge

Info Edge (India) Limited
Company typePublic
ISININE663F01024
IndustryInternet
Founded1995; 29 years ago (1995)
FounderSanjeev Bikhchandani[1]
Headquarters
Noida, Uttar Pradesh
,
India
Area served
India, United Arab Emirates, Bahrain, Saudi Arabia
Key people
Hitesh Oberoi (CEO)[2][3]
Products
Services
RevenueIncrease ₹2,536 crore (US$300 million) (FY24)[4]
Increase ₹1,119 crore (US$130 million) (FY24)[4]
Increase ₹594 crore (US$71 million) (FY24)[4]
Number of employees
4,049 (2022)[5]
Websitewww.infoedge.in

Info Edge is an Indian technology holding company which owns, operates and invests in internet-led businesses.[6] The company's offerings include the flagship employment website Naukri.com, matrimonial website Jeevansathi.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 held minority stakes in 23 online companies[11] including two unicorns[12]—the food delivery company Zomato (15.23% stake, as of July 2021)[13] and the insurance aggregator Policybazaar (13.3% stake, as of November 2021).[14][15]

  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. ^ a b c "Outcome of the Board Meeting- May 16, 2024" (PDF). BSE. Retrieved 17 May 2024.
  5. ^ Cite error: The named reference iev was invoked but never defined (see the help page).
  6. ^ "HSBC values Info Edge's stake in Zomato at $1.1 billion; stock jumps 5%". Business Standard India. 2 September 2020. Retrieved 28 April 2021.
  7. ^ "Info Edge: Getting the job done". Forbes India. Retrieved 24 May 2020.
  8. ^ "Info Edge spreads its start-up investments". Livemint. Retrieved 24 May 2020.
  9. ^ "Investments In AI, Revenue Growth May Stem Fall In Margin, Says Info Edge". Bloomberg Quint. Retrieved 24 May 2020.
  10. ^ "Info Edge's biggest edge". Forbes India. Retrieved 24 May 2020.
  11. ^ "Hottest India Internet Stock Surging Despite Valuation Fears". Bloomberg.com. 18 November 2020. Retrieved 27 November 2020.
  12. ^ "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.
  13. ^ Shah, Sneha. "Info Edge clocks a return of 1,050 times on Zomato investment". The Economic Times. Retrieved 25 January 2022.
  14. ^ "Info Edge, SoftBank among biggest winners as Policybazaar lists". The Economic Times. Retrieved 25 January 2022.
  15. ^ "Info Edge raises capital to tap inorganic opportunities; flexible on investments in Zomato, PolicyBazaar". www.timesnownews.com. Retrieved 27 November 2020.