Info Edge Reports Decline in White-Collar Hiring for August

1 min read     Updated on 01 Sept 2025, 02:04 PM
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Overview

Info Edge's Jobspeak platform reported a significant drop in white-collar hiring activity, falling to 3.00% in August from 7.00% in July. The company, which owns Naukri.com, released its Naukri Jobspeak Index Report for August, providing insights into hiring trends across industries, cities, functional areas, and experience bands in India.

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*this image is generated using AI for illustrative purposes only.

Info Edge , the parent company of popular job portal Naukri.com, has reported a significant decline in white-collar hiring activity for August, according to its Jobspeak platform.

August Hiring Trends

Info Edge's Jobspeak platform reported that white-collar hiring dropped to 3.00% in August, down from 7.00% in July. This represents a substantial decline in hiring activity within the white-collar job segment during this period.

Naukri Jobspeak Index

The company has recently made available its Naukri Jobspeak Index Report for August on its official website. This monthly index serves as a barometer for the Indian job market and hiring activities, based on new job listings and job-related searches by recruiters on Naukri.com's resume database.

Comprehensive Job Market Insights

The Naukri JobSpeak Index captures hiring activity across multiple dimensions, including:

  • Industries
  • Cities
  • Functional areas
  • Experience bands

This multi-faceted approach provides a comprehensive view of the current employment landscape in India.

Implications for Job Seekers and Employers

The recent decline in hiring activity could indicate a tightening job market, particularly in the white-collar segment. Job seekers may face increased competition for available positions, while employers might have a larger talent pool to choose from.

Info Edge's report serves as a valuable resource for understanding the pulse of the Indian job market, offering insights that can guide both job seekers and employers in their decision-making processes.

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Info Edge CFO Chintan Thakkar Resigns After 12-Year Tenure; Ambarish Raghuvanshi Named Interim CFO

2 min read     Updated on 19 Aug 2025, 07:13 PM
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Suketu GalaScanX News Team
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Overview

Info Edge (India) Limited announced the resignation of Chintan Thakkar, Whole-time Director and CFO, effective November 19, 2025. Thakkar, who served for nearly 12 years, will join IAN Group as Group CEO. Ambarish Raghuvanshi, a co-promoter, will take over as Interim CFO from November 20, 2025. During Thakkar's tenure, Info Edge's market capitalization increased 18-fold. The company has begun the process of appointing a permanent CFO successor.

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*this image is generated using AI for illustrative purposes only.

Info Edge (India) Limited , a leading Indian tech company, announced a significant change in its executive leadership. Chintan Thakkar, the company's Whole-time Director and Chief Financial Officer, has tendered his resignation to pursue a new career opportunity. The announcement came following a board meeting held on August 19, 2025.

Key Highlights

  • Resignation: Chintan Thakkar will step down from his role as CFO and Executive Director after serving the company for nearly 12 years.
  • Transition Period: Thakkar will continue his responsibilities until November 19, 2025, ensuring a smooth handover.
  • New Role: Thakkar is set to join IAN Group as Group CEO and Senior Managing Partner at IAN Alpha Fund.
  • Interim Appointment: Ambarish Raghuvanshi, a co-promoter of Info Edge, will take over as Interim CFO effective November 20, 2025.

Thakkar's Contributions

During his tenure, Chintan Thakkar played a pivotal role in Info Edge's growth and transformation. His contributions include:

  • Driving strategic initiatives and decision-making
  • Overseeing capital market transactions and fund-raising efforts
  • Managing investor relations
  • Guiding the venture investing team
  • Enhancing corporate governance standards

Under Thakkar's financial leadership, Info Edge witnessed an 18-fold increase in market capitalization, positioning the company among the top 100 listed corporates in India by market cap.

Management Comments

The company's leadership expressed their appreciation for Thakkar's contributions:

  • Kapil Kapoor, Chairman: "Chintan's advice and insights both in Finance and in several areas beyond Finance have been extremely valuable."
  • Sanjeev Bikhchandani, Founder and Vice Chairman: "Chintan did an admirable job... I shall miss the conversations and the counsel."
  • Hitesh Oberoi, Managing Director and CEO: "Chintan was not just a finance professional but also a key member of the leadership team at Info Edge."

Interim CFO Appointment

Ambarish Raghuvanshi, who will step in as Interim CFO, brings a wealth of experience to the role:

  • Previously served as Info Edge's Whole-time Director and CFO from 2001 to 2014
  • Over three decades of leadership experience in banking, corporate finance, and governance
  • Led Info Edge's IPO in 2006 as CFO
  • Active in early-stage investing and advising companies on IPOs, finance, and governance

Info Edge has initiated the process of identifying and appointing a permanent successor for the CFO position.

The transition in Info Edge's financial leadership comes at a time when the company continues to strengthen its position in the Indian tech landscape. As Thakkar moves on to a new chapter in his career, the appointment of Raghuvanshi as Interim CFO aims to ensure continuity and stability in the company's financial operations.

Historical Stock Returns for Info Edge

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%-1.72%+0.06%-1.49%-9.36%+97.44%
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