Info Edge (India) Limited — JV/Acquisition, 06-07-2026: Acquisition

Info Edge is acquiring the remaining 45.36% stake in its subsidiary, CodingNinjas (Sunrise Mentors Private Limited), for approximately Rs. 39.91 Cr. This transaction will make CodingNinjas a wholly-owned subsidiary. The strategic goal is to maximize business synergies between Naukri and CodingNinjas, boosting the latter's growth and profitability. This acquisition also enables Naukri to develop mini AI course offerings, enhancing its product portfolio and adding value for users.