InfoEdge fully acquire Coding Ninjas

Info Edge (India) Limited has officially moved to take 100% control of edtech platform Coding Ninjas. In a board meeting held on July 6, 2026, the Naukri parent approved the acquisition of the remaining 45.36% stake from the startup’s founders, converting Coding Ninjas into a wholly owned subsidiary.

This final buyout deepens Info Edge’s long-term integration strategy within the tech-skilling and recruitment sectors.

1. Deal Structure & Financial Terms

The transaction is a secondary share purchase directly from the founders of the edtech platform:

• Total Consideration: Info Edge will pay ₹39.91 crore in cash to buy the remaining 74,741 equity shares at a price of ₹5,340.23 per share.
• Deferred Tranche Structure:
  • 25% (~₹9.98 crore) will be disbursed immediately upon the closing of the Share Purchase Agreement.
  • The remaining 75% (~₹29.93 crore) will be distributed in three equal annual installments on March 31 of 2027, 2028, and 2029.
• Founder Integration: As part of the transition, the founders of Coding Ninjas will formally join Info Edge as employees, drawing baseline salaries accompanied by performance-linked incentives.

2. Strategic Rationale: Powering Naukri with AI

Info Edge, which initially bought into Coding Ninjas in 2020 and took a majority 51% control in October 2022, outlined a clear roadmap for the full acquisition:

Plaintext

[ INFO EDGE RECRUITMENT + SKILLING ECOSYSTEM ]

  Naukri.com (Job Supply/Demand) <───> Coding Ninjas (Upskilling)
                                         │
                                         ▼
                 [ Core Focus: Developing Mini-AI Course Offerings ]

• Synergy Locking: The move aims to maximize operational overlap between India’s largest job portal, Naukri.com, and Coding Ninjas’ training infrastructure. Job seekers looking for tech roles can be dynamically funneled into upskilling tracks.
• Building AI Courseware: Info Edge explicitly highlighted that full ownership will allow Naukri to build out and deploy mini AI-focused course offerings to add immediate value to its technology job-seeking user base.

3. Financial Health of Coding Ninjas

The acquisition comes as Coding Ninjas displays strong top-line scaling despite bottom-line pressures:

• Revenue Performance: The platform posted a turnover of ₹97.43 crore in FY26, marking a sharp rise from ₹67.15 crore in FY25 and ₹53.31 crore in FY24.
• Profitability Drag: The startup reported a net loss of ₹13.36 crore for FY26 (an improvement from a ₹30 crore net loss in FY25). Its net worth stood at negative ₹34.98 crore as of March 31, 2026.

By bringing it entirely under its corporate umbrella alongside other fully owned units like Zwayam, DoSelect, and iimjobs (Highorbit Careers), Info Edge is backstopping the edtech platform’s balance sheet while driving it toward a definitive path to profitability.

4. Parallel Action: Fresh ₹180 Cr Commited to B8 Fund I

In a separate disclosure from the same board meeting, Info Edge announced a significant expansion of its startup investment arm. The company approved an additional commitment of up to ₹180 crore to B8 Fund I, a Category II Alternative Investment Fund managed by its subsidiary, Smartweb Internet Services.

This cash injection is over and above the ₹250 crore committed to the fund earlier this year, signaling an aggressive capital push into growth-stage, tech-enabled Indian enterprises. Fueled by upbeat news from this acquisition and strong Q1 financial billings, Info Edge’s stock surged up to 11% in subsequent trading sessions.