Info Edge invests ₹10 crore in CodingNinjas for working capital
Info Edge (India) Ltd approves ₹10 crore investment in CodingNinjas for working capital. The subsidiary saw revenue rise to ₹97.43 crore in FY26 but remains unprofitable with a net loss of ₹13.36 crore. The deal is a related-party transaction completed via cash consideration.

*this image is generated using AI for illustrative purposes only.
Info Edge (India) Limited has approved a ₹10 crore cash investment in Sunrise Mentors Private Limited, its wholly-owned subsidiary operating the e-learning platform CodingNinjas. The Committee of Executive Directors sanctioned the move on July 29, 2026, to meet the subsidiary’s working capital requirements. This injection supports CodingNinjas’ operations as it navigates a period of high revenue growth alongside net losses.
The investment involves the acquisition of 18,725 equity shares at an issue price of ₹5,340.23 per share, including a premium of ₹5,330.23. Post-transaction, CodingNinjas remains a wholly-owned subsidiary. Info Edge already held a 100% stake directly and through Startup Investments (Holding) Limited, making this a related-party transaction conducted at arm’s length. No promoter or group company interest exists outside the listed entity structure.
CodingNinjas, incorporated on May 18, 2016, operates exclusively in India. Financial data as of March 31, 2026, reveals a significant revenue trajectory but persistent profitability challenges. The subsidiary reported a turnover of ₹97.43 crore in FY26, up from ₹67.15 crore in FY25 and ₹53.31 crore in FY24. However, the company posted a profit after tax (PAT) of -₹13.36 crore and a negative net worth of -₹34.98 crore as of March 31, 2026.
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| Turnover (₹ crore) | 97.43 | 67.15 | 53.31 |
The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company stated that no governmental or regulatory approvals are required for this acquisition. The transaction is expected to be completed within 30 days from the date of approval.
What the Numbers Show
CodingNinjas demonstrates strong top-line momentum, with revenue nearly doubling from ₹53.31 crore in FY24 to ₹97.43 crore in FY26. However, this growth has not translated to profitability, evidenced by the widening negative net worth of -₹34.98 crore. The ₹10 crore infusion represents approximately 10% of the subsidiary’s FY26 turnover, suggesting a strategic push to sustain operations while scaling the e-learning platform before achieving breakeven.
Historical Stock Returns for Info Edge
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.00% | +3.38% | +26.52% | -3.95% | -11.42% | +18.78% |
What specific operational strategies or cost-cutting measures is CodingNinjas implementing to convert its rapid revenue growth into profitability within the next fiscal year?
How does the current valuation of ₹5,340.23 per share compare to recent funding rounds or market multiples of other ed-tech startups in India?
Given the negative net worth of -₹34.98 crore, what is Info Edge's long-term exit strategy for CodingNinjas, such as an IPO or strategic sale?


































