Info Edge (India) has announced the broad rollout of its AI-powered recruitment platform, scaling products such as AI-Rex, Talent Pulse, and PremiumX across enterprises and jobseekers. The company invested approximately ₹70 crore in artificial intelligence during FY26 and expects this figure to reach approximately ₹150 crore in FY27, reflecting a strategic push to deepen its technological infrastructure and create new revenue streams.

India's Largest Recruitment AI Lab

The company has built what it describes as India's largest AI recruitment lab, powered by a proprietary dataset accumulated over 25 years. The platform hosts over 118 million candidate profiles with an average daily addition of around 25,000 profiles. It serves approximately 13 million monthly active users. This scale provides a data advantage that strengthens with every interaction, supporting the deployment of advanced AI-driven hiring solutions.

AI-Rex Brings Agentic AI to Enterprise Recruitment

Naukri AI-Rex, the company's flagship Agentic AI product, is designed to enhance recruiter productivity across the hiring workflow. Specialized AI agents assist with mandate refinement, candidate sourcing, personalized outreach, and screening. Commercial adoption is accelerating, with AI-Rex now live across 4,000+ enterprise customers and recruitment firms. More than 10% of these customers have already converted to paid clients. Hiring mandates through the AI-Rex platform grew 3.7x between February and June 2026, spanning sectors such as IT, BFSI, Sales, Finance, Healthcare, and BPO.

Creating New AI-Led Data Products

Beyond recruitment subscriptions, the company is monetizing its AI capabilities through enterprise solutions. Talent Pulse, an AI-powered talent intelligence platform, has secured over 600 paid customers ranging from large enterprises to smaller organizations. This platform enables enterprises to benchmark compensation, analyze talent availability, evaluate employer branding, and make workforce planning decisions. Together with Executive Intelligence, these products expand the addressable market into talent intelligence and strategic workforce planning.

Extending AI to Jobseekers and Premium Hiring

AI investments extend to the candidate side through tools like the Jobseeker agent Neo, AI Resume Maker, and AI Mock Interview Prep, which contribute to revenue growth within the jobseeker pool. PremiumX, an AI-powered premium hiring platform, serves over 1,800 enterprise customers. It targets white-collar professionals earning above ₹30 lakh annually using AI-driven talent discovery and Naukri verified profiles. The company also reaches senior professionals through Naukri Top Tier and specializes in management and technology hiring via iimjobs and hirist, respectively.

info edge approved the acquisition of the entire shareholding of Sunrise Mentors Private Limited, which operates as CodingNinjas, for a total consideration of Rs 39.91 crore. The Board of Directors also sanctioned an additional commitment of up to Rs 180 crore to B8 Fund I, a scheme launched by B8 Trust, during its meeting on July 6, 2026.

Acquisition of Sunrise Mentors Private Limited

The Company will enter into a Share Purchase Agreement to acquire 74,741 equity shares of CodingNinjas at a price of Rs 5,340.23 per share. This secondary acquisition from the founders will increase Info Edge's stake to 100% on a fully converted and diluted basis, held directly and through Startup Investments (Holding) Limited (SIHL). Consequently, CodingNinjas will become a wholly-owned subsidiary of the Company.

The transaction is a related party transaction as the sellers are the founders and whole-time directors of CodingNinjas. The Audit Committee and the Board approved the consideration, which was mutually agreed upon through commercial negotiations, determining it to be in the best interests of the Company and its shareholders.

Financials of Sunrise Mentors Private Limited

The following table details the financial position of CodingNinjas as on March 31, 2026:

CodingNinjas was incorporated on May 18, 2016, and operates an e-learning platform. The acquisition aims to maximize business synergies between Naukri and Coding Ninjas, unlocking growth and enabling Naukri to build mini AI course offerings.

Payment Structure

The total consideration of Rs 39.91 crore will be paid in cash over four tranches:

• Rs 9.98 crore (25%) upon closing of the Share Purchase Agreement.
• Rs 29.93 crore (75%) in three equal tranches on March 31, 2027, March 31, 2028, and March 31, 2029.

The acquisition is subject to the fulfilment of customary conditions precedent and is expected to be completed within 45 days.

Contribution to B8 Fund I

The Board approved entering into a contribution agreement with B8 Fund I to commit an additional contribution of up to Rs 180 crore. This is in addition to the Rs 250 crore previously committed and disclosed on February 26, 2026. The investment will be made directly or through wholly-owned subsidiaries.

B8 Trust is registered with the Securities and Exchange Board of India (SEBI) as a Category II Alternative Investment Fund. Smartweb Internet Services Limited, a wholly-owned subsidiary of Info Edge, acts as the Investment Manager and Sponsor of the Fund. The transaction is an arm’s length related party transaction.

Financials of B8 Fund I

The following table details the financial position of B8 Fund I as on March 31, 2026:

*Note: NA as B8 Trust was incorporated and its scheme was launched in FY26.

The scheme's life is eight years from the first closing on March 12, 2026, extendable by two years. The contribution aligns with Info Edge's strategy for external financial investments focused on long-term value creation.