About Info Edge (India) Ltd
The company was founded by Sanjeev Bikhchandani. He remains a key promoter along with Hitesh Oberoi, who is the current CEO. Info Edge’s portfolio includes several well-known online platforms. This includes Naukri.com, an employment website and Jeevansathi.com, a matrimonial site. It also includes 99acres.com, a real estate classified platform and Shiksha.com, an educational portal.
Info Edge is one of the few profitable pure-play internet companies in India. The company has carved out a significant niche for itself. This is true, particularly in the online classified industry. Info Edge’s presence and influence in the industry are noteworthy.
Promoter shareholding remains significant, with Sanjeev Bikhchandani and other promoters holding large stakes in the company. The exact percentage of promoter shareholding is 37.88%.
Here are the key promoters of the company:
- Kapil Kapoor
- Sanjeev Bikhchandani
- Hitesh Oberoi
- Chintan Thakkar
- Geeta Mathur
The registered office of Info Edge is located in Noida, Uttar Pradesh, India. It is registered at the Registrar of Companies, ROC Delhi by Link Intime India Pvt. Ltd. It has a strong leadership team and a diverse range of online platforms. Info Edge continues to be a key player in India’s digital landscape.
Impact of the Company
Info Edge (India) Limited has had a profound impact on the Indian technology sector since its start in 1995. As a technology holding company, Info Edge has greatly shaped the part of internet-led businesses in India. Its flagship platform, Naukri.com, has become synonymous with job searches in the country. It has revolutionised the recruitment industry by providing job seekers and employers with a solid platform.The company’s influence extends beyond employment portals. It has platforms like Jeevansathi.com for matchmaking, 99Acres.com for real estate, and Shiksha.com for education. Info Edge has diversified its offerings, catering to various segments of the digital economy. This diversification has expanded the company’s reach and contributed to the growth of the digital ecosystem in India.
Info Edge’s success has also set a benchmark for profitability in the internet sector. It is one of the few profitable pure-play internet companies in India. The company has demonstrated the viability of internet-based business models in a market that is still evolving. This success has inspired other startups and established companies. They now explore and invest in internet-led ventures. Therefore, it has fostered innovation and competition in the sector.
Moreover, Info Edge’s role in the employment sector, particularly through Naukri.com, has had a major economic impact. The platform has facilitated millions of job placements. It has contributed to the employment rate and economic growth. The IT sector constitutes a substantial portion of Naukri.com‘s listings. The sector has particularly benefited from this platform. It has streamlined the recruitment process for IT companies and professionals.
The company’s leadership is under the guidance of Sanjeev Bikhchandani and Hitesh Oberoi. They have been instrumental in its growth and success. Their vision and strategic decisions have ensured the company’s profitability. This has also implied its continued relevance in a rapidly changing digital landscape.
In addition to its core platforms, Info Edge has made strategic investments in several promising startups. Companies like Zomato, PolicyBazaar, and Happily Unmarried have benefited from Info Edge’s financial backing and strategic guidance. It has allowed them to grow and thrive in their respective markets. These investments highlight Info Edge’s role as a catalyst for innovation and growth in India’s startup ecosystem.
Info Edge’s commitment to technology and innovation is evident in its continuous efforts. It has enhanced its platforms with advanced features and user-friendly interfaces. For instance, Naukri.com has evolved to include sophisticated search algorithms. It now has AI-powered job recommendations and user-friendly mobile apps. These upgrades make the app easier for job seekers and employers to connect.
The company also prioritises data security and user privacy. These ensure that its platforms are safe and reliable for millions of users. This focus on trust and reliability has helped Info Edge maintain its strong reputation and user base over the years.
Info Edge’s contributions extend to corporate social responsibility initiatives as well. The company actively participates in various CSR programs. It supports education, healthcare, and community development projects. Thus, it gives back to society and makes a positive impact beyond its business operations.
Info Edge’s impact on the Indian technology sector is multifaceted. It has revolutionised the recruitment industry and diversified the digital economy. The firm has set profitability norms and contributed to economic growth through job placements. Its continued success and innovation serve as a testament to the potential of internet-led businesses in India.
Know More