Info Edge (India)

July 6 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) - TO BUY 45.36% STAKE IN CODINGNINJAS FOR 399.1 MILLION RUPEES

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BENGALURU, July 3 - Hiring for AI roles within India's IT sector outpaced overall recruitment within the industry last month, a survey showed on Friday, indicating a push from companies to reorient themselves in the face of evolving technology.

The sector's AI hiring rose 16% year-on-year in June, while overall IT jobs declined 3%, according to job portal Naukri's monthly JobSpeak report that collated job listings from more than 150,000 firms on its website.

India's $315 billion IT industry has been under pressure with clients holding back on spending on technology due to a weak macroeconomic environment and the advent of AI that threatens their traditional business model.

"The divergence (between AI and overall IT hiring) is important because it shows where tech companies are still investing. AI is increasingly becoming a core capability area, especially as demand shifts towards more senior and specialised talent," said Hitesh Oberoi, CEO at Info Edge INED.NS, which owns Naukri.

The country's No.1 software exporter, Tata Consultancy Services TCS.NS, last month said it expects IT companies to slow down hiring, with the Tata Group firm moving towards ​having an equal number of employees and AI agents in its workforce.

Last July, the firm cut more than 12,000 jobs, while headcount fell by more than 23,000 on a net ​basis in the fiscal year ended March 2026.

Across 14 sectors, AI and machine learning jobs increased 25%, the report added. The insurance and consumer goods sector showed the most increase in job hiring during the period, it said.

(Reporting by Sai Ishwarbharath B in Bengaluru;)

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June 26 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) - APPOINTS HIMANSHU AGARWAL AS CFO AND WHOLE-TIME DIRECTOR EFFECTIVE SEPTEMBER 17, 2026

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June 24 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) - TO INVEST 400 MILLION RUPEES IN UNIT

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Info Edge released an annual letter to shareholders detailing its startup investment portfolio across artificial intelligence, deeptech, and consumer technology themes. The company disclosed that it has deployed INR 4,900 crore across 135 companies, with a current fair market value of INR 41,300 crore, representing an 8.4x multiple. The consumer tech and consumer AI segment, which includes holdings in Zomato and PB Fintech, returned 13.5x on an investment of INR 2,755 crore. The AI portfolio of 28 companies generated a 2.1x multiple and 31% gross IRR, while the 30-company deeptech portfolio, backed at early R&D stages, achieved a 1.2x multiple. The letter highlighted that 26 of 54 AI and deeptech companies have raised externally led follow-on rounds from marquee investors, with two deeptech startups receiving the country's first RDI scheme allocations.

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May 22 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) MARCH-QUARTER CONSOL NET PROFIT 5.66 BILLION RUPEES

• INFO EDGE (INDIA) MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.69 BILLION RUPEES

• INFO EDGE (INDIA) LTD - DECLARES DIVIDEND OF 3.6 RUPEES PER SHARE

Source text: ID:nnAZN4SXWYC

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April 27 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) LTD - TO INVEST 50 MILLION RUPEES IN STARTUP INVESTMENTS (HOLDING)

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April 17 (Reuters) - Info Edge (India) Ltd INED.NS:

• TO INVEST 100 MILLION RUPEES IN SMARTWEB INTERNET SERVICES LIMITED

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April 8 (Reuters) - Info Edge (India) Ltd INED.NS:

• Q4FY26 STANDALONE BILLINGS 10.57 BILLION RUPEES

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Feb 26 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) - APPROVED ENTERING INTO CONTRIBUTION AGREEMENT WITH B8 FUND I

• INFO EDGE (INDIA) LTD - DEAL TO COMMIT CONTRIBUTION OF UP TO 2.5 BILLION RUPEES

Source text: ID:nBSE59mZdw

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Feb 17 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) LTD - TO INVEST 300 MILLION RUPEES IN SIHL

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Feb 13 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) DEC-QUARTER CONSOL NET PROFIT 2.72 BILLION RUPEES

• INFO EDGE (INDIA) DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.19 BILLION RUPEES

• INFO EDGE (INDIA) LTD - DIVIDEND OF 2.4 RUPEES PER SHARE

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Jan 27 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) LTD - UPDATE REGARDING WHISTLE-BLOWER COMPLAINT IN 99ACRES BUSINESS VERTICAL

• INFO EDGE (INDIA) - INDEPENDENT LAW FIRM, FORENSIC EXPERTS SUBMITTED CONCLUSIONS AND ASSESSMENT

• INFO EDGE (INDIA) - IMPLEMENTED CERTAIN REMEDIAL ACTIONS AND OTHERS IN PROCESS OF BEING IMPLEMENTED

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Jan 19 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) LTD - JEEVANSATHI TO INVEST 100 MILLION RUPEES IN AISLE NETWORK

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Jan 7 (Reuters) - Info Edge (India) Ltd INED.NS:

• Q3 STANDALONE BILLINGS 7.47 BILLION RUPEES

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Dec 12 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) - EXPECTS SHOPKIRANA E TRADING TRANSACTION TO BE COMPLETED BY MARCH 31

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Nov 14 (Reuters) - Info Edge (India) Ltd INED.NS:

• JEEVANSATHI INTERNET APPROVES ACQUISITION OF 1,279 SHARES OF AISLE NETWORK

• DEAL FOR 55 MILLION RUPEES

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Aug 19 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) LTD - AMBARISH RAGHUVANSHI APPOINTED INTERIM CFO FROM NOVEMBER 20, 2025

• INFO EDGE (INDIA) LTD - CHINTAN THAKKAR RESIGNS AS WHOLE-TIME DIRECTOR & CFO

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Aug 8 (Reuters) - Info Edge (India) Ltd INED.NS:

• JUNE-QUARTER CONSOL NET PROFIT 2.96 BILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.91 BILLION RUPEES

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July 7 (Reuters) - Info Edge (India) Ltd INED.NS:

• REPORTS 6.44 BILLION RUPEES BILLINGS FOR JUNE 2025 QUARTER

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March 17 (Reuters) - Info Edge (India) Ltd INED.NS:

• JEEVANSATHI TO INVEST 300 MILLION RUPEES IN AISLE NETWORK

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March 5 (Reuters) - Info Edge (India) Ltd INED.NS:

• MERITTO BOARD APPROVES IPO PROPOSAL

• CO HOLDS 48% EQUITY IN MERITTO

• BOARD UNDECIDED ON PARTICIPATION IN MERITTO IPO

Source text: ID:nBSE43Z9DC

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Feb 5 (Reuters) - Info Edge (India) Ltd INED.NS:

• APPROVES 1:5 STOCK SPLIT

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Jan 30 (Reuters) - India's PB Fintech PBFI.NS reported a sharp jump in third-quarter profit on Thursday, aided by rising sales of insurance policies.

The company's consolidated net profit rose 88% from a year earlier to 715.4 million rupees ($8.26 million) for the three months ended Dec. 31.

Analysts said PB Fintech continues to benefit from increasing demand in India's largely untapped insurance policy aggregator sector, aided by improving financial awareness and income levels.

The company operates online insurance aggregator Policybazaar and credit marketplace Paisabazaar.

PB Fintech's revenue from operations rose 48% to 12.92 billion rupees, led by a 62% jump in insurance broker services, its largest segment.

The company's insurance premium grew 44%, mainly from a 47% growth in new health and life insurance premium.

Meanwhile, its credit business, which took a hit following the Indian central bank's crackdown on unsecured lending, continued to face slowdown.

PB Fintech said its disbursal in the online credit business was down 20% year-on-year, with revenue from the segment dropping 18%.

However, its total lending disbursal rose 52%, led mainly by the new secured credit business which was started in the previous quarter.

($1 = 86.6000 Indian rupees)

(Reporting by Nishit Navin in Bengaluru; Editing by Varun H K)

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Jan 17 (Reuters) - Info Edge (India) Ltd INED.NS:

• TO INVEST ABOUT 900 MILLION RUPEES IN STARTUP INVESTMENTS (HOLDING)

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Jan 6 (Reuters) - Info Edge (India) Ltd INED.NS:

• STANDALONE BILLINGS FOR Q3 FY24 AT 6.68 BILLION RUPEES

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** Shares of online services provider Info Edge (India) INED.NS rise as much as 2.7% to hit a record high of 8,481.40 rupees

** The recruitment segment of the co continues to witness gradual recovery, driven by improved hiring sentiments in the IT sector, brokerage Centrum says after meeting with management

** Maintains "add" rating while raising TP to 8,808 rupees from 8,630 rupees

** Operating losses in 99acres and Jeevansathi have been easing and both these businesses are expected to breakeven over the next 1.5 years - Centrum

** Brokerage expects revenue/EBITDA/PAT to grow at 16.7%/18.4%/17.9% over FY24-FY27

** Avg rating of 19 analysts equivalent of "buy", median PT is 8,311 rupees - LSEG data

** Stock has gained 64.3%, YTD, and on track for best yearly rise since 2020

(Reporting by Ashish Chandra in Bengaluru)

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Nov 19 (Reuters) - Info Edge (India) Ltd INED.NS:

• INFO EDGE (INDIA) - TO INVEST 30 MILLION RUPEES IN UNIT NEWINC INTERNET SERVICES

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Nov 8 (Reuters) - Info Edge (India) Ltd INED.NS:

• SEPT-QUARTER CONSOL NET PROFIT 232.6 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.01 BILLION RUPEES

• DIVIDEND 12 RUPEES/SHR

Source text: ID:nBSE9SYFG7

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BENGALURU, Nov 5 (Reuters) - India's PB Fintech PBFI.NS, which owns and operates online insurance aggregator Policybazaar, reported a profit for a fourth straight quarter on Tuesday, aided by higher demand for insurance policies.

The company, which also operates online credit marketplace Paisabazaar, posted a consolidated net profit of 506.7 million rupees ($6 million) for the quarter ended Sept. 30, compared with a loss of 202.5 million rupees a year ago.

Analysts said PB Fintech, which has seen a sharp rise in its topline in recent quarters, continues to benefit from increasing demand in India's largely underpenetrated insurance policy sector, aided by improving financial literacy and income levels.

PB Fintech's revenue from operations rose 44% to 11.67 billion rupees, led by a jump in insurance broking, its largest segment, which grew 58%.

The company's insurance premium for the quarter grew 57%, aided mainly by a 69% growth in new health and life insurance.

Meanwhile, its credit business, which had taken a hit due to the Indian central bank's crackdown on unsecured lending, faced some slowdown, with disbursement remaining flat during the quarter compared to last year, and revenue declining 8%.

Shares of the company ended 4.2% lower ahead of the results.

($1 = 84.0850 Indian rupees)

(Reporting by Nishit Navin in Bengaluru; Editing by Vijay Kishore)

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