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NAUKRI
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About Info Edge (India)
Info Edge (India) Ltd is the premier online classified company based in India with a portfolio of brands. It was incorporated on May 01, 1995, as Info Edge (India) Private Limited. The company commenced its business journey with a classified recruitment online business, naukri.com. Since then, the company expanded its business into different verticals such as 99acres.com (online real estate), jeevansathi.com (online matrimonial) and shiksha.com (online education information services). In 1997, it launched the internet portal www.naukri.com. Subsequently, after a year (1998), the www.jeevansathi.com was launched.
In 2000, the company acquired the business of the Quadrangle division from Mr Jeyadev Parthasarathy. After 4 years, it acquired a 65% stake in Jeevansathi Internet Services Private Limited (JISPL) in 2004. As a result, the company became 100% owner of JISPL. Info Edge was listed on BSE and NSE in 2006 after an IPO. In 2008, it launched www.shiksha.com via investment in Applect Learning Systems Pvt. Ltd.
In 2013, it finished the acquisition of MakeSence Technologies Pvt Ltd. It acquired 4B Networks Private Limited through its wholly-owned subsidiary at the purchase consideration of ₹9 crore in 2021. Info Edge (India) has signed an agreement to acquire securities in Juno Learning (Juno) in 2022.
Business Segments
- Recruitment: The company runs online recruitment classifieds, www.naukri.com, under this segment. It is a clear market leader in the Indian e-recruitment space. It also runs www.naukrigulf.com, a job site focused on the Middle East market, offline executive search (www.quadranglesearch.com) and a fresher hiring site (www.firstnaukri.com). In addition, it provides jobseekers value-added services (Naukri Fast Forward) such as resume writing.
- Matrimony: Under this segment, it operates online matrimony classifieds at www.jeevansathi.com. It is among the top 3 in India’s online matrimonial space.
- Real Estate: Info Edge operates online real estate classifieds, www.99acres.com, which is the largest property marketplace in India, covering almost all the major cities and a large number of agents and developers.
- Education: Under this segment, it runs www.shiksha.com, an online education classified. It is the smartest gateway for students to achieve their goals.
Key Personnel
Mr. Hitesh Oberoi, MD & CEO Mr. Hitesh Oberoi is currently the Managing Director (MD) & Chief Executive Officer (CEO) of Info Edge (India) Ltd. He was appointed to the position in May 2001. He holds rich experience in sales and marketing operations, establishing new businesses and decent experience in finance and management. He is a graduate of computer science and engineering from the Indian Institute of Technology, Delhi.Corporate Actions
- The company announced a bonus issue in the ratio of 1:1 with a record date of September 27, 2010.
- It declared a bonus issue in the ratio of 1:1 with a record date of June 22, 2012.
Management Outlook
- For Shiksha.com, the core focus of the company revolves around technology-led differentiation around generating and discovering content.
- It is focused on adopting a business execution model that has a good return on investment from key accounts to plough back investments into the business for the next round of growth.
Parent Organisation
Indian Private
Managing Director
Kapil Kapoor
Founded
1995
NSE Symbol
NAUKRI
Community Discussion
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AngelOne
10th July 2024
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AngelOne
10th July 2024
Info Edge (India) Ltd-latest-market-updates-60175
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Info Edge India Ltd FAQs
What is the share price of Info Edge India Ltd (NAUKRI) shares?
Info Edge India Ltd (NAUKRI) share price as of July 26, 2024, on NSE is Rs 7210 (NSE) and Rs 7210 (BSE) on BSE.
Can I buy Info Edge India Ltd (NAUKRI) from Angel One?
Yes, You can buy Info Edge India Ltd (NAUKRI) shares by opening a Demat account with Angel One.
How do I buy Info Edge India Ltd (NAUKRI) from Angel One?
Info Edge India Ltd (NAUKRI) share can be bought through the following modes:
1. Direct investment: You can buy Info Edge India Ltd (NAUKRI) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Info Edge India Ltd (NAUKRI) shares.
1. Direct investment: You can buy Info Edge India Ltd (NAUKRI) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Info Edge India Ltd (NAUKRI) shares.
What is the main business of Info Edge?
The main business of Info Edge, an Indian pure-play internet company, is to provide an interface for displaying premier online classifieds in recruitment, matrimony, education, real estate, and related services.
Who are the promoters of Info Edge?
The main promoters of Info Edge are Sanjeev Bikhchandani, Sanjeev Bikhchandani & Hitesh Oberoi (Endeavour Holding Trust), Hitesh Oberoi, Surabhi Motihar Bikhchandani, and Dayawanti Bikhchandani.
What are the Subsidiaries that comes under Info Edge?
Some of the subsidiaries which come under Info Edge are Allcheckdeals India Private Limited, Interactive Visual Solutions Private Limited, Jeevansathi Internet Services Private Limited, Naukri Internet Services Limited, Newinc Internet Services Private Limited, Smartweb Internet Services Limited, and Startup Internet Services Limited.
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