HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Info Edge (India) to invest Rs 10 crore in Sunrise Mentors
Jul-29-2026

Info Edge (India) is all set to invest an amount of about Rs 10 crore in Sunrise Mentors (CodingNinjas), a wholly-owned subsidiary of the Company. The Committee of Executive Directors of the company at its meeting held on July 29, 2026 have given consent to the same. 

Under this transaction, the company will acquire 18,725 equity shares at an issue price of Rs 5,340.23 each including premium of Rs 5,330.23 per equity share. Post this investment, CodingNinjas remains the wholly owned subsidiary of the Company. The investment is to be completed within 30 days from the approval. This investment is being done to meet the working capital requirements of CodingNinjas.

CodingNinjas is engaged in the business of providing online education and operates an e-learning platform - ‘Coding Ninjas’. 

Info Edge (India) owns one of the leading job portals naukri.com. The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India. 


  RELATED NEWS >>