People · Professional & Local Services
Pawan Goyal steps down as Info Edge CBO
By Startup Enthusiast ·
- Date
- Company
- Info Edge
- What it does
- Online classifieds and recruitment platform
- Kind
- People
What they do
Info Edge runs Naukri.com, 99acres, and Jeevansathi, plus education and investee firms
What happened
Pawan Goyal, CBO (Naukri) and Whole-time Director, resigns after 7 years, effective May 31, 2026
Why it matters
During his tenure, the business grew at 16.8% CAGR and operating PBT margin expanded from 53% to nearly 57%
The details
- Pawan Goyal, CBO (Naukri) and Whole-time Director at Info Edge, will step down after 7 years with the company.
- His resignation is effective from the end of business on May 31, 2026.
- Goyal is leaving to pursue other interests.
- No successor has been named yet for the CBO role, but an announcement is expected soon.
- During his tenure, the business grew at a 16.8% CAGR (compound annual growth rate, a measure of yearly growth).
- Operating PBT (profit before tax, a measure of operating profitability) margin expanded from 53% to nearly 57% under his leadership.
The bigger picture
- Goyal's exit comes as Info Edge reported Q3 FY26 standalone revenue of Rs 747 crore, up 12% year-on-year.
- The recruitment solutions segment, led by Naukri.com, contributed Rs 548 crore in Q3 FY26, up from Rs 494 crore a year ago.
- Info Edge also recently exited Shopkirana via a share swap with Trustroot Internet Private Limited, Udaan's parent.
- The company approved a commitment of up to Rs 250 crore for the A88 Fund.
About the business
- Info Edge operates Naukri.com, India's largest job portal, along with 99acres (real estate) and Jeevansathi (matrimony).
- It also has education and investee companies in its portfolio.
- The recruitment solutions segment is the largest contributor to revenue, with Rs 548 crore in Q3 FY26.
- Info Edge's share price was Rs 972 per share as of 12:30 PM today, with a market cap of Rs 63,130 crore (around $6.8 billion).
- The company's website is infoedge.in, which includes a careers page and founder LinkedIn profiles.
What happens next
- Info Edge expects to announce a successor for the CBO role soon.
The deal
- Type
- people
Founders
- Sanjeev Bikhchandani, Founder
- Hitesh Oberoi, Co-founder
More on Info Edge
- Info Edge appoints new CFO and independent director14 September 2026 · People
- Info Edge Q1 PAT up 43% YoY but down 35% sequentially10 August 2026 · Results
- Naukri sales executive offered data access for hire8 July 2026 · News
- Info Edge posts Q1 FY27 billings of Rs 737 crore7 July 2026 · Results · Rs 737 crore
- Info Edge buys remaining stake in Coding Ninjas for 40 cr6 July 2026 · Acquisition · ₹39.9 Cr
- Info Edge appoints Himanshu Agarwal as new chief financial officer27 June 2026 · People
- Info Edge discloses AI and deeptech portfolio22 June 2026 · Milestone · ₹1,003 Cr
- Info Edge posts higher Q4 profit with strong revenue growth22 May 2026 · Results
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