Info Edge to acquire CodingNinjas for Rs 39.91 crore
Info Edge approved the acquisition of Sunrise Mentors Private Limited (CodingNinjas) for Rs 39.91 crore to gain 100% ownership. The Board also approved an additional Rs 180 crore commitment to B8 Fund I, a Category II AIF, on top of a previous Rs 250 crore investment.

*this image is generated using AI for illustrative purposes only.
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:
| Metric (Rs. in crores) | Turnover | PAT | Networth |
|---|---|---|---|
| Value | 97.43 | (13.36) | (34.98) |
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:
| Metric (Rs. in crores) | Turnover* | PAT | Networth |
|---|---|---|---|
| Value | NA | (2.18) | 122.81 |
*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.
Historical Stock Returns for Info Edge
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.29% | +21.39% | +20.70% | -9.82% | -17.33% | +12.14% |
What specific timeline is set for launching the mini AI course offerings leveraging CodingNinjas' platform?
How does Info Edge plan to address CodingNinjas' negative net worth and return it to profitability?
What are the key performance indicators or milestones that will trigger the deferred payment tranches to the founders?































