Info Edge (India) Limited is a leading Indian technology company that specializes in online classifieds and is primarily known for its online platforms in various sectors such as recruitment, real estate, education, and matrimony. Founded in 1995 by Sanjeev Bikhchandani, Info Edge has grown to become one of the most influential players in the Indian internet industry.
Key Details about Info Edge:
- Founding and History:
- Founded: 1995 by Sanjeev Bikhchandani.
- Headquarters: Noida, Uttar Pradesh, India.
- Initial Focus: The company started with the goal of creating an online recruitment platform, which eventually led to the launch of Naukri.com, India’s leading job portal.
- Major Platforms and Businesses:
- Naukri.com: Launched in 1997, it is India’s largest online job portal, connecting employers and job seekers across various industries.
- 99acres.com: An online real estate portal launched in 2005, providing a platform for buying, selling, and renting properties in India.
- Jeevansathi.com: An online matrimonial service that helps individuals find suitable life partners, launched in 2004.
- Shiksha.com: A platform launched in 2008, focusing on education services, providing information about courses, colleges, and universities across India.
- Investments and Ventures:
- Info Edge is known for its strategic investments in several high-profile Indian startups. Some of the notable investments include:
- Zomato: Info Edge was an early investor in Zomato, the popular food delivery and restaurant discovery platform.
- Policybazaar: An online insurance aggregator and financial services platform.
- UrbanClap (now Urban Company): A platform offering various home services.
- Bijnis: A B2B platform for manufacturers and retailers.
- Meritnation: An online education platform for students.
- Info Edge is known for its strategic investments in several high-profile Indian startups. Some of the notable investments include:
- IPO and Market Presence:
- Info Edge went public in 2006 and is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India.
- It has a strong market presence and is considered one of the pioneers of the Indian internet ecosystem.
- Corporate Structure:
- Info Edge operates both as a holding company for its online classifieds platforms and as an investor in other technology and internet-based companies.
- The company’s business model includes generating revenue through online advertising, subscription services, and transaction fees.
- Financial Performance:
- Info Edge has consistently shown strong financial performance with significant revenue from its core businesses, particularly Naukri.com.
- Its investments in successful startups have also provided substantial returns, adding to its financial strength.
- Innovation and Technology:
- Info Edge emphasizes the use of technology to improve user experience and expand its services. This includes the development of AI-driven tools and analytics to enhance its online platforms.
- The company is also focused on expanding its digital presence and exploring new business opportunities in emerging sectors.
- Leadership:
- Sanjeev Bikhchandani continues to be a key figure in the company, playing an influential role in its strategic direction.
- The leadership team at Info Edge consists of experienced professionals from diverse backgrounds, contributing to its growth and innovation.
Summary:
Info Edge (India) Limited is a pioneering force in the Indian internet landscape, with a diversified portfolio of successful online platforms and strategic investments in high-growth startups. Its commitment to innovation and technology, coupled with strong leadership, has solidified its position as a leader in the Indian technology sector.