Info Edge Founder Sanjeev Bikhchandani to Return as Group CEO

Overview

• Info Edge disclosed on Wednesday that Sanjeev Bikhchandani will become Executive Vice Chairman, Managing Director and Group CEO from December 3, 2026, subject to shareholder approval.
• Hitesh Oberoi will step down from his full-time roles as Managing Director and CEO at the close of business on December 2, 2026 and will join the board as a non-executive, non-independent director from December 3.
• The leadership shift was announced alongside Q2 FY27 results that showed consolidated net profit rose 87% year on year to ₹649.8 crore, supported by higher other income and steady revenue.
• Market watchers will pay attention to how the founder's return shapes operations at Naukri and the group's investment strategy, especially after the CFO change in November 2025.
• Info Edge said Oberoi plans to devote more time to education, entrepreneurship, institution building, investing, philanthropy and family, and the board framed the move as a continuity step that keeps his experience available to the company.