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Naukri is the only biz making money at Info Edge, rest in investment mode: Sanjeev Bikhchandani

05 December, 2014

Naukri.com is perhaps the most popular product of Info Edge (India) Ltd, the country’s first public listed internet firm, which has a string of consumer internet properties in its stable including a matrimonial site Jeevansathi.com, real estate portal 99acres.com and education portal Shiksha.com. In an interaction with Techcircle.in, at Techcircle Startup 2012 event, Sanjeev Bhikhchandani, founder of Info Edge mused about his journey and what lies ahead.

On difference between the startup ecosystem then and now: Naukri.com was founded in April 1997 and to start an internet company then was a challenge in itself. Recounting the early days, Bhikhchandani said, “There were about 14,000 internet accounts when we launched Naukri. It just looked like a large enough customer base for me to launch a new product. Today, when we look at the market, there is a huge transformation.”

Highlighting the three major changes in market, he said that the markets have been validated now, which one can judge with the sheer number of internet users as well as companies. “Companies now have a better chance of surviving,” he said. The second change he points out is that during that time there was no such thing as risk capital, which has changed now. Lastly, first generation entrepreneurship is now becoming mainstream. “It was not socially acceptable back then,” he recalled.


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Naukri is the only biz making money at Info Edge, rest in investment mode: Sanjeev Bikhchandani

Naukri is the only biz making money at Info Edge, rest in investment mode: Sanjeev Bikhchandani

Sonam Gulati 5 years ago
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1 Comment
Mikel . 5 years ago

I didn’t feel that way. After a long time, some one (a company which was alaredy in the bigger league) is speaking positive things and I am glad for that itself. But starting a company, taking it to a level and all that does require a lot of efforts and will face a lot of challenges no doubt. That is any day expected. I was lazy as usual, I mean who wakes up so early (9 AM) in Bangalore? But still so many people had filled up the hall before I went and I had to sit in another hall where they were live broadcasting that event. Amazon and Sun are doing it, may be they would gain some thing by that too But still the kind of resources that is available for today’s techies is un-paralled. I guess the only thing that stops our techies from becoming entrepreneurs is their laziness and attitude. Destination Infinity

Naukri is the only biz making money at Info Edge, rest in investment mode: Sanjeev Bikhchandani

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