Info Edge, known for running job portal Naukri.com, will acquire the entire remaining stake in Sunrise Mentors, which operates the Coding Ninjas platform, making it a wholly owned subsidiary. The move aligns with the platform's plan to integrate skill development with job placement services.
- Info Edge fully acquires Coding Ninjas by buying founders’ stake
- Transaction valued near Rs 40 crore; Coding Ninjas becomes a subsidiary
- Rs 180 crore new commit to tech-focused startup fund B8 Fund I
What happened
Info Edge, which operates the popular Indian job portal Naukri.com, announced it will acquire the entire remaining shareholding of Sunrise Mentors, the company behind the edtech platform Coding Ninjas. The acquisition deal involves a purchase of 74,741 equity shares at a price per share of Rs 5,340.23, totaling approximately Rs 39.91 crore. This purchase will make Coding Ninjas a wholly owned subsidiary of Info Edge, held directly and through its investment arm Startup Investments (Holding).
The founders of Coding Ninjas will stay on as employees, continuing to receive salaries and performance-linked incentives. Additionally, Info Edge’s board has approved a fresh commitment of up to Rs 180 crore to B8 Fund I, an Alternative Investment Fund managed by B8 Trust that focuses on investing in growth-stage, tech-enabled Indian startups. This is in addition to an earlier commitment of Rs 250 crore made in February 2026.
Why it matters
This acquisition signals Info Edge’s strategic expansion into the fast-growing Indian edtech sector, complementing its core digital recruitment business. By integrating Coding Ninjas with Naukri.com, the company aims to offer job seekers opportunities to upskill themselves in areas such as coding and artificial intelligence. This synergy could enhance the value proposition for users across both platforms and strengthen Info Edge’s position in the intersection of education and employment technology.
Moreover, the additional Rs 180 crore commitment to B8 Fund I underscores Info Edge’s continued focus on backing promising technology startups in India. B8 Fund I targets growth-stage enterprises, enabling Info Edge to diversify its investment portfolio and capitalize on emerging tech trends driven by rapid digital adoption in the country.
What to watch next
Industry observers should watch how Info Edge leverages Coding Ninjas’ capabilities to enhance upskilling pathways for the millions of job seekers using Naukri.com. Key areas to follow include the launch and expansion of AI-related courses and integrated skill certification programs aligned with recruitment needs. Success here could set a model for cross-platform collaboration in India’s digital employment ecosystem.
Additionally, monitoring new investments and portfolio growth via B8 Fund I will be important to gauge Info Edge’s influence on India’s startup landscape. The performance of these tech-enabled companies and any future acquisitions or partnerships could indicate broader strategic directions for Info Edge beyond its legacy recruitment business.