Startups
Info Edge Q2: Profit jumps 87% to Rs 650 crore, revenue up 12%
Info Edge reported an 87% increase in Q2 net profit to Rs 650 crore, alongside a leadership transition and the sale of stakes in two companies.
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Startups
Info Edge reports steady business growth ahead of leadership transition
Info Edge (India) reported 12.2% YoY revenue growth to Rs 903.9 crore in Q2 FY2027, with significant leadership transition as Hitesh Oberoi steps down as MD and CEO after 27 years.
Startups
Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEO
Meesho narrowed its losses in Q2, and Sanjeev Bikhchandani has returned as CEO of Info Edge, according to economic updates.
Startups
Info Edge’s Hitesh Oberoi to step down as MD and CEO; founder Sanjeev Bikhchandani to take over
Info Edge founder Sanjeev Bikhchandani will return as MD and Group CEO in December 2026, taking over from Hitesh Oberoi who is stepping down after 27 years with the company.
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Startups
Info Edge To Exit MedCords, Unnati Online For About ₹5,000 Each
Info Edge is divesting its stakes in healthtech startup MedCords and employment platform Unnati Online for approximately ₹5,000 each, completing exits from already fully-impaired investments.
Startups
Info Edge Q2 Profit Jumps 87% YoY To ₹650 Cr, Declares ₹3 Interim Dividend
Info Edge reported an 87% YoY jump in consolidated net profit to ₹649.8 Cr for Q2 FY27, with operating revenue growing 12.2% YoY, and declared an interim dividend of ₹3 per share.
Startups
Info Edge bets on B2B marketplace Bijnis again after 2023 write-off
Info Edge has invested Rs 5 crore in B2B marketplace Bijnis, raising its stake to 20.12% after writing off its previous investment in 2023.