Info Edge Invests Rs 10 Crores in Coding Ninjas, Subsidiary Remains Wholly Owned Entity
Info Edge (India) Limited has committed an investment of about Rs 10 Crores into Sunrise Mentors Private Limited, known as 'CodingNinjas'. The transaction was decided by the Committee of Executive Directors on Wednesday, July 29, 2026.The investment is structured as a cash consideration and aims to meet the working capital requirements of CodingNinjas. Info Edge (India) Limited already holds a 100% stake in CodingNinjas through its wholly owned subsidiary, Startup Investments (Holding) Limited, meaning it falls under the category of a related party.
Codingninjas, which operates as an e-learning platform providing online education, was incorporated on May 18, 2016. The entity is engaged in the business of providing educational services and has been operating from India. Post this investment, CodingNinjas remains a wholly owned subsidiary of Info Edge (India) Limited.
Details regarding the acquisition include:
| Particulars | Details |
|---|---|
| Investment Amount | About Rs 10 Crores |
| Consideration Type | Cash consideration |
| Shares Acquired | 18,725 equity shares at an issue price of Rs 5,340.23 each (including premium of Rs 5,330.23) |
The financial performance details for Sunrise Mentors Private Limited ('CodingNinjas') as of March 31, 2026, are presented below:
| Metric | Details (Rs in crores) |
|---|---|
| Turnover (As on March 31, 2026) | 97.43 |
| Profit After Tax (PAT) | (13.36) |
| Networth | (34.98) |
The company's turnover for the last three years is as follows:
| Financial Year | Turnover (Rs in crores) |
|---|---|
| 2025-26 | 97.43 |
| 2024-25 | 67.15 |
| 2023-24 | 53.31 |
NAUKRI Stock Price Movement
Shares of Info Edge (India) Limited are edging higher in live trading, currently at ₹1243.85 as of 2:51 PM after gaining 0.62%. The stock has seen brisk activity throughout the day, having traded a volume of 1.24 million shares.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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