Info Edge founder returns as CEO as Oberoi exits
By Abha Lohia · Editor ·
Info Edge: revenue and funding and every story →
NoidaFounded 1995
- Info Edge runs Naukri.com, 99acres, Jeevansathi and Shiksha, among India's best-known internet businesses
- Co-founder Hitesh Oberoi leaves the top job after more than sixteen years, and Sanjeev Bikhchandani takes charge from 3 December 2026
- Oberoi stays on the board as a non-executive director, and the change still needs shareholder approval
What happened
- Sanjeev Bikhchandani becomes Executive Vice Chairman, MD and Group CEO from 3 December 2026.
- Hitesh Oberoi steps down from his operating role on 2 December.
- Oberoi stays on as a non-executive director.
- Both moves need shareholder approval.
- Bikhchandani's term runs to April 2031.
Why it matters
- Oberoi said he wants time for education, entrepreneurship, investing and philanthropy.
- He believes the company has leaders ready for its next phase.
The business
- Info Edge owns Naukri.com, 99acres, Jeevansathi, Shiksha and Jobhai.
- It also backs many startups.
The founders
What happens next
- Shareholder vote on both changes.
The numbers around it
Professional & Local Services in October 2026: 8 rounds with a disclosed amount, $135 million in all; the biggest was Tessolve ($75M). Every sector this year →
Other articles talking about it
Terms in this story
- Co-founder equity: Split equity by what each founder will contribute from now on, not by who had the idea, and attach vesting so that a founder who leaves early does not keep a large share for doing little. In India, founders usually do this through reverse vesting in the shareholders' agreement.
- Co-founder exit: A co-founder exit is when one of a startup's founders leaves the company and the question of their shares has to be settled. In India the answer depends on vesting, the leaver clauses in the shareholders' agreement, and whether the shares are sold to the other owners or bought back by the company.
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