Acquisition · Education & Skilling

Info Edge buys remaining stake in Coding Ninjas

What they do

Coding Ninjas offers online coding courses through its e-learning platform

Info Edge acquired the remaining 45.36% stake for ₹39.91 crore, making it a wholly owned subsidiary

The deal aims to deepen synergies with Naukri and help build mini AI course offerings

Info Edge approved the acquisition of the remaining 45.36% stake in Coding Ninjas from its founders.
The acquisition consideration is ₹39.91 crore for 74,741 equity shares at ₹5,340.23 per share.
The transaction is expected to complete within 45 days, subject to customary conditions.
Info Edge will pay 25% of the consideration (₹9.98 crore) at closing.
The remaining ₹29.93 crore will be paid in three equal tranches by 31 March 2027, 2028, and 2029.
Coding Ninjas founders will be employed by Info Edge and receive salary and performance-linked incentives.
The acquisition is a related-party transaction because Coding Ninjas was already a subsidiary and the sellers are whole-time directors.

The acquisition will deepen business synergies between Naukri and Coding Ninjas.
It will support growth and profitability of Coding Ninjas.
It enables Naukri to build mini AI course offerings.
Info Edge also approved an additional ₹180 crore commitment to B8 Fund I, which backs growth-stage tech companies.

Coding Ninjas will become a wholly owned subsidiary of Info Edge.
The company will deepen synergies with Naukri and build mini AI course offerings.
Info Edge will also invest up to ₹180 crore in B8 Fund I for growth-stage tech companies.

Info Edge (buyer) — Info Edge is the parent company of Naukri.com and already held a majority stake in Coding Ninjas.