Company Research Report: Info Edge (India) Limited
Company Overview
- Name: Info Edge (India) Limited
- Mission: To continuously delight customers in current and new businesses by delivering superior value through enhanced offerings on the internet and other platforms. The company aims to achieve this by preserving its entrepreneurial spirit and leveraging financial strength and expertise in building brands, communities, product and technology; and sales and service.
- Founded: May 1, 1995
- Founders: No specific mention of founders in the provided data.
- Key People:
- Kapil Kapoor, Chairman and Non-Executive Director
- Sanjeev Bikhchandani, Promoter and Executive Vice-Chairman
- Hitesh Oberoi, Co-Promoter, Managing Director & CEO
- Chintan Thakkar, Whole-time Director & CFO
- Ashish Gupta, Non-Executive, Independent Director
- Ms. Geeta Mathur, Non-Executive, Independent Director and Chairperson- Corporate Social Responsibility Committee
- Sharad Malik, Non-Executive, Independent Director
- Headquarters: Noida, India
- Number of Employees: 4,049 employees
- Revenue: No information is available
- Known For: Info Edge is India's premier online classifieds company focused on recruitment, matrimony, real estate, education, and related services.
Products
Online Recruitment
- Naukri.com: Market leader in the Indian e-recruitment sector.
- Key Features: Offers online recruitment classifieds and value-added services such as resume writing.
- Naukrigulf.com: A recruitment platform aimed at the Middle East market.
- Quadrangle: Offline executive search.
- First Naukri: A platform for fresher hiring.
Matrimony
- Jeevansathi.com: Among the top three in India’s online matrimonial space.
- Key Features: Online matrimony classifieds and offline Jeevansathi Match Points.
Real Estate
- 99acres.com: India’s largest property marketplace.
- Key Features: Comprehensive coverage of major cities, a large number of agents, and developers.
Education
- Shiksha.com: An online education classifieds portal.
- Key Features: A gateway for students to achieve their educational goals.
Investments/Associations
- Investee Companies: Zomato Media, Meritnation, Policybazaar, Mydala, Canvera, Happily Unmarried, Vacationlabs, Bigstylist, Rare Media.
- Key Features: Investments focus on early-stage companies/start-up ventures in the vibrant Indian internet market.
Recent Developments
- Investor Conference Intimation: Regular schedules of investor conferences and communications indicate active investor relations and business strategizing.
- JobSpeak Reports: Releases of periodic JobSpeak reports provide insights into hiring activities in India.
- Strategic Investments and Partnerships: Continuous efforts to invest in and support start-ups and technologies through subsidiaries like Naukri Internet Services, Jeevansathi Internet Services, and more.
Recent Technological Developments
- Focused development of new and updated mobile applications for classified online businesses to enhance user experience across diverse devices and platforms.
- Backend API and services infrastructure re-architecture aimed at facilitating faster market launches and enhanced service delivery.
Corporate Offices
- Corporate Office Address: B - 8, Sector - 132, Noida - 201304, India
- Registered Office Address: GF-12A, 94 Meghdoot Building, Nehru Place, New Delhi-110019
- Other Office: A-88, Sector -2, Noida-201301, India
Conclusion
Info Edge (India) Limited stands as a pioneering force in India's internet domain by exhibiting continuous growth and expansion efforts across its diverse service offerings. The company's innovation-driven strategy and vast market influence through strategic partnerships and investments indicate a robust and forward-looking corporate trajectory. Its evolution to becoming one of the few profitable pure-play internet companies in India underscores its market leadership and adaptation to dynamic consumer preferences.