Info Edge, led by Sanjeev Bikhchandani, will acquire the remaining 45.36% stake in Coding Ninjas for ₹39.9 crore, marking full ownership of the coding education platform founded in 2016.
- Info Edge to buy remaining 45.36% stake for ₹39.9 crore in cash
- Deal structured in multiple payments through 2029
- Coding Ninjas to support Naukri’s mini-AI course development
What happened
Info Edge has approved the acquisition of the remaining 74,741 shares of Coding Ninjas from its founders at ₹5,340.23 per share, bringing its ownership to 100%. The transaction will be completed in multiple tranches, with 25% of the amount paid at closing and the remaining 75% split into three equal installments to be paid between 2027 and 2029. Once complete, Coding Ninjas will become a wholly-owned subsidiary of Info Edge’s Startup Investments (Holding) Ltd.
The founders of Coding Ninjas are expected to stay on with the company, receiving salary and performance incentives during their tenure. The deal remains subject to customary conditions, with an expected closing timeline of around 45 days after formalities are met.
Why it matters
This acquisition represents a strategic move by Info Edge to consolidate its position within the edtech space by fully integrating Coding Ninjas, a platform known for its coding bootcamps, certification courses, and emerging technology training. Info Edge’s flagship classified platform, Naukri, plans to collaborate with Coding Ninjas to create mini-AI educational courses, potentially enhancing user engagement and offering new learning opportunities through its ecosystem.
Despite Coding Ninjas reporting a flat revenue of ₹97.4 crore in FY26 and a net loss of ₹13.4 crore, Info Edge sees growth and profitability potential through improved business synergies. This investment builds on prior funding rounds, including a $5.2 million Series A in 2020 and subsequent stake increases leading to majority ownership in 2022.
What to watch next
Market observers will be closely monitoring how Info Edge integrates Coding Ninjas with Naukri and other platforms, particularly through AI-based offerings, as this could create significant value and accelerate profitability for the edtech firm. The phased payment structure also indicates Info Edge's commitment to long-term engagement with Coding Ninjas.
Further developments in Info Edge’s broader startup portfolio and investments, especially its recent financial performance showing a 35% net profit increase in FY26 and strong revenue growth, will be important indicators of how this acquisition fits within its overall growth strategy in the Indian internet and edtech landscape.