Info Edge Acquires CodingNinjas and Commits Up to Rs 180 Crore in Contribution to B8 Fund I
Info Edge (India) Limited announced two significant corporate developments, detailing the completion of an acquisition of Sunrise Mentors Private Limited (CodingNinjas), a subsidiary company, and committing to an additional investment in B8 Fund I. These transactions, approved by the company's Board of Directors on July 6, 2026, are set to substantially strengthen Info Edge’s educational platforms portfolio.
The acquisition targets were Sunrise Mentors Private Limited, operating as CodingNinjas, which provides online education and runs an e-learning platform. The Company is acquiring a portion of the equity shares currently held by CodingNinjas' founders.
Acquisition Details for CodingNinjas
Info Edge will execute a Share Purchase Agreement to acquire 74,741 equity shares of CodingNinjas at a price of Rs 5340.23 per share. This acquisition totals approximately Rs 39.91 Crores and represents a secondary purchase from the founders. Upon completion of the transaction, Info Edge will hold 100% stake in CodingNinjas through Startup Investments (Holding) Limited (SIHL), making it a wholly owned subsidiary.The strategic rationale behind the acquisition is to maximize business synergies between Naukri and Coding Ninjas. The move will also enable Naukri to build mini AI course offerings for its users. As part of the deal, the founders of CodingNinjas will be employed by the Company and will receive related salary and performance incentives.
A timeline has been established for the payment structure: 25% of the total consideration (about Rs 9.98 Crores) is due upon closing the Share Purchase Agreement. The remaining 75% (about Rs 29.93 Crores) will be disbursed in three equal tranches on March 31, 2027, March 31, 2028, and March 31, 2029. The acquisition itself is expected to be completed within 45 days, subject to customary conditions precedent.
Key financial and operational details regarding the acquired entity as of March 31, 2026 are summarized below:
| Particulars | Value (Rs in crores) |
|---|---|
| Turnover | 97.43 |
| PAT | (13.36) |
| Networth | (34.98) |
Investment Commitment to B8 Fund I
The company has also entered into a contribution agreement with B8 Fund I, a scheme launched by B8 Trust. This investment is intended to commit an additional amount of up to Rs 180 crore in aggregate, above a previous commitment of Rs 250 crore made by the Company. The investment will be channeled directly or through wholly owned subsidiaries.B8 Fund I was launched by B8 Trust and sponsored by Smartweb Internet Services Ltd., a subsidiary of Info Edge. The purpose of the investment is aligned with the company’s strategy for external financial investments, focusing on value creation in the medium to long term. The fund aims to support the Indian entrepreneurial ecosystem through investing in growth stage tech-enabled companies.
The Contribution agreement stipulates that the company will acquire units of B8 Fund I at face value, either directly or through its subsidiaries, across one or more tranches. The scheme has a life of 8 years from its first closing date (March 12, 2026) and may be extended by up to two additional years with the consent of contributors.
NAUKRI Stock Price Movement
Info Edge (India) Limited shares today slipped by 0.93% to settle at ₹1025.15, following a muted trading day. The stock traded within an intraday range defined by a high of ₹1035.25 and a low of ₹1012.8.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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