Info Edge (India)

Type Public Company
Traded as BSE: 532777
NSE: NAUKRI
Founded 1990 (1990)
Founder(s) Sanjeev Bikhchandani
Chairman Kapil Kapoor
CEO Hitesh Oberoi
Managing director Hitesh Oberoi
Industry Internet
Products Naukri.com, Jeevansathi.com , 99acres.com, Naukrigulf.com, Shiksha.com
Services Online Recruitment, Online Classifieds, Online Matrimony & More.
Revenue Increase ₹505.87 crore (US$75 million) (FY 2013-14)[1]
Net income Increase ₹128.5 crore (US$19 million) (FY 2013-14)[1]
Website infoedge.in

Info Edge (India) Ltd. is an Indian e-commerce/on-line classifieds company founded in 1995 by Sanjeev Bikhchandani and headquartered in Noida, India. It owns internet properties Naukri.com, Shiksha.com, Jeevansathi.com, Naukrigulf.com and 99acres.com and stakes in many other internet businesses. Info Edge (India) is listed on the Bombay Stock Exchange and National Stock Exchange of India[2][3]

History

Info Edge was founded by Sanjeev Bikhchandani in 1995 with a partner. Sanjeev was working with HMM (now GlaxoSmithKline) before he quit to start his own company. Info Edge is one of the earliest Internet companies in India and its online recruitment brand Naukri.com became the leading job portal.[4] It also diversified into Online Matrimony Jeevansathi and Online Real Estate 99acres.com. It was converted into a Public Limited on 27 April 2006.[5] It was the first Indian dotcom to IPO on an Indian stock exchange.

Investments

Info Edge is an investor in Internet Businesses with a stake in websites like Zomato, Policybazaar India and Meritnation.[6]

See also

References

  1. 1 2 http://www.thehindubusinessline.com/companies/infoedgeq4-net-rises-fourfold/article6009311.ece
  2. ↑ "Info Edge plans education networking site | Business Standard". business-standard.com. Retrieved 2014-02-19.
  3. ↑ "of the making of Naukri.com". rediff.com. Retrieved 2014-02-19.
  4. ↑ "Naukri.com founder feels entrepreneurship is the key - The Economic Times". economictimes.indiatimes.com. Retrieved 2014-02-19.
  5. ↑ "Info Edge lists at Rs 480 on BSE | Business Standard". business-standard.com. Retrieved 2014-02-19.
  6. ↑ "Naukri.com invests Rs 30 cr in Meritnation | Business Line". thehindubusinessline.com. Retrieved 2014-02-19.
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