Info Edge is Leading online classified Businesses in India
It's businesses include
Apart from this - Info Edge is invested in Technology - based startups
It might be pertinent to note that Zomato has reportedly a valuation of USD 2 billion and is now being backed by Softbank which is a leading investor. As Zomato raises further funds, InfoEdge will most probably dilute. Its a source of "other income" for the company.
The company's naukri.com business continues to be on a strong footing, given its leadership position and stable growth momentum. This is supported by strong growth in 99 acres and two unicorns ( Zomato and PolicyBazaar) is a growing market.
The strong portfolio represents a very strong case for creation of further shareholder value - execution is the key.
It's businesses include
- naukri.com - largest job site in India (approx. 80% market share)
- 99acres.com - largest Online real estate business in India (approx. 40% marketshare)
- jeevansaathi.com - third largest online matrimonial business in India
- shiksha.com - educational classifieds business in India
Apart from this - Info Edge is invested in Technology - based startups
- Zomato.com - Online restaurant search engine and food delivery site (27.7% shareholding)
- PolicyBazaar.com - Online insurance policies marketplace (13.6% shareholding)
- meritnation - Supplementary online learning platform for K12 entrance exams ( 66% shareholding)
- ustraa - Mens grooming range (47% shareholding)
SHAREHOLDING PATTERN OF INFOEDGE AS ON 31st JANURARY 2019
(Source : InfoEdge Investor Presentation)
InfoEdge Stock Price (from Nov 24, 2006 to Feb. 10, 2019)
(Source : www.nseindia.com)
Stock Price as on Nov 24, 2006 : Rs.145.93 per share
Stock Price as on Feb 10, 2019 : Rs.1692.00 per share
It might be pertinent to note that Zomato has reportedly a valuation of USD 2 billion and is now being backed by Softbank which is a leading investor. As Zomato raises further funds, InfoEdge will most probably dilute. Its a source of "other income" for the company.
The company's naukri.com business continues to be on a strong footing, given its leadership position and stable growth momentum. This is supported by strong growth in 99 acres and two unicorns ( Zomato and PolicyBazaar) is a growing market.
The strong portfolio represents a very strong case for creation of further shareholder value - execution is the key.
(Source : www.nseindia.com, InfoEdge investor presentation - Feb 2019 )
DISCLAIMER : THIS BLOG IS FOR INFORMATION AND NOT TO SOLICIT ANY BUSINESS. PAST PERFORMANCE IS NOT AN INDICATION OF THE PERFORMANCE OF STOCK IN FUTURE.
