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Will continue to invest in Naukri, 99acres, Jeevansaathi; intent to list Zomato: Info Edge CEO
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Will continue to invest in Naukri, 99acres, Jeevansaathi; intent to list Zomato: Info Edge CEO
Dec 21, 2020 8:48 AM

Info Edge India, the first internet company to list on Indian bourses in 2006, has given a return of 57 times and two bonus issues. Over the last ten years, the company has invested in businesses like Naukri, 99Acres, and Jeevansaathi and wants to broaden its portfolio.

“We are looking to invest more in adjacent areas, and we have already made a few investments in education, real estate, and in the HR services space. We intend to do more of these going forward,” said Hitesh Oberoi, MD & CEO of Info Edge in an interview with CNBC-TV18.

On Zomato listing, Oberoi said, “There is an intention to list and reward the shareholders and investors who have been with the company for a long time, but the listing process takes its own time.”

For the entire interview, watch the video.

(Edited by : Yashi Gupta)

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