Info Edge (India) Ltd. is a well-known internet-based Company in India. They are a successful online business-to-business services provider in India. Some of the flagship brands under its umbrella include Naukri, 99acres, Jeevansathi, etc., which help businesses connect with buyers and sellers all over the country.
It has steadily built a portfolio of brands across various domains that primarily provide online classified services. The company conducts online recruitment business through its flagship brand, Naukri. The three other online classified businesses are 99acres.com, jeevansathi.com, and shiksha.com. Info Edge (India) Ltd. has 62 offices in 43 cities throughout India.
Business Verticals
Recruitment: This includes online recruitment classifieds, www.naukri.com, which is a clear market leader in the Indian e-recruitment space, and www.naukrigulf.com, a Middle East-focused job site along with offline executive search (www.quadranglesearch.com), and a fresher hiring site (www.firstnaukri.com). Furthermore, Info Edge offers value-added services to job seekers (Naukri Fast Forward), such as resume writing.
Matrimony :www.jeevansathi.com is among the top three in India's online matrimonial space, and has offline Jeevansathi Match Points and franchises.
Real Estate: www.99acres.com is India's largest property marketplace covering almost all the major cities and a large number of agents and developers.
Education: www.shiksha.com is the smartest gateway for students to achieve their goals.
InfoEdge India Limited has become one of the most successful companies in the Indian IT industry by focusing on verticals like technology, health care, media and entertainment, financial services and telecommunications. The revenue breakdown of the standalone Info Edge business as of March 2020 is as follows:
● Naukri.com’s revenue shot up to INR 1,154.2 Cr
● 99Acres generated INR 217.3 Cr in revenue.
● Jeevansaathi.com generate INR 100 Cr in revenue.
The company's entrepreneurship spirit is also evident in its investments in early-stage companies/start-up ventures to enter the growing and vibrant Indian internet market. Currently, the company has investments in the following:
1. Zomato Media Private Limited (www.zomato.com)
2. Applect Learning Systems Private Limited (www.meritnation.com)
3. Etechaces Marketing and Consulting Private Limited (www.policybazaar.com)
4. Kinobeo Software Private Limited (www.mydala.com)
5. Canvera Digital Technologies Private Limited (www.canvera.com)
6. Happily Unmarried Marketing Private Limited (www.happilyunmarried.com)
7. Goa-based Mint Bird Technologies Private Limited (www.vacationlabs.com)
8. Mumbai-based Green Leaves Consumer Services Private Limited (www.bigstylist.com)
9. Rare Media Company Private Limited (bluedolph.in)
Company History
Info Edge India Ltd was founded on May 1, 1995, as Info Edge India Pvt Ltd and went public on April 27, 2006. In March 1997, naukri.com and in December 1998, jeevansathi.com were launched. The company purchased the Quadrangle division in November 2000. In September 2004, Info Edge India Ltd acquired Jeevansathi Internet Services Pvt Ltd. and became a wholly-owned subsidiary. 99acres.com was launched in September 2005, naukrigulf.com in July 2006, followed by asknaukri.com in July 2007.
Naukri.com is InfoEdge's primary source of revenue, which saw its segment revenue shoot up to INR 1,154.2 Cr in FY22. They continue to expand their operations by capitalizing on their market dominance and popularity.
InfoEdge invested in Zomato, a food delivery and restaurant search portal, in 2010.
Milestones
1. March 1997 - www.naukri.com was launched.
2. FY 1999 - www.naukri.com is profitable.
3. April 8, 2000 - Info Edge receives a private equity investment of approximately INR 72.9 million from the ICICI Information Technology Fund. (This investment was later renamed ICICI Emerging Sectors Fund.)
4. November 1, 2000 - The Quadrangle Company was purchased.
5. September 2002 - The company becomes profitable.
6. September 2003 - Commenced with television advertising.
7. September 2004 - Secured 100% ownership of Jeevansathi Internet Service Private Limited.
8. September 2005 - Launched www.99acres.com.
9. April 2006 - Klenier Perkins Caufield and Byers and Sherpalo LLC agreed to acquire 5% of Info Edge's pre-issue equity share capital through Murugan Capital and Sherpalo Mauritius LLC, respectively, through a secondary purchase.
10. July 2006 - www.naukrigulf.com marks the beginning of an international operation.
11. November 2006 - In India, Info Edge is publicly traded.
12. October 2007- Invested in Studyplaces Inc. (www.studyplaces.com)
13. May 2008 - Launched shiksha.com has been launched. Applect Learning Systems Pvt. Ltd. investment (www.meritnation.com)
14. September 2008 - Invested in Etechaces Consulting and Marketing Pvt. Ltd. (www.policybazaar.com)
15. May 2009 - Launched www.firstnaukri.com.
16. July 2010 - Invested in Zomato Media Pvt. Ltd. (www.zomato.com)
17. February 2011 - Invested in Nogle Technologies Pvt. Ltd. (www.floost.com)
18. April 2011 - Invested in Kinobeo Software Pvt. Ltd. (www.mydala.com) and Ninety Nine Labels Pvt. Ltd. (www.99labels.com)
19. August 2012 - Invested in Canvera Digital Technologies Pvt. Ltd. (www.canvera.com)
20. October 2012 - Invested in Happily Unmarried Marketing Pvt. Ltd. (www.happilyunmarried.com)
21. August 2015 - Invested in Mint Bird Technologies Private Limited (www.vacationlabs.com)
22. November 2015 - Invested in Green Leaves Consumer Services Pvt. Ltd. (www.bigstylist.com)
23. January 2016 - Invested in Rare Media Company Pvt. Ltd. (www.bluedolph.in)
Info Edge (India)
