Info Edge India is acquiring full ownership of CodingNinjas for ₹39.91 crore and committing up to ₹180 crore to B8 Fund I. This move aims to integrate CodingNinjas with Naukri and expand AI course offerings.
Info Edge Acquires Full Stake in CodingNinjas, Commits to B8 Fund
Info Edge (India) Ltd has announced the full acquisition of CodingNinjas for approximately ₹39.91 crore, making it a wholly owned subsidiary. Additionally, the company will commit up to ₹180 crore to B8 Fund I.
Reader Takeaway: Full consolidation of CodingNinjas with Naukri offers synergy potential, but integration of a loss-making entity presents a near-term challenge.
What just happened
Info Edge is acquiring the remaining stake in CodingNinjas, which it previously held a controlling interest in, for ₹39.91 crore. This transaction will make CodingNinjas a wholly owned subsidiary. Simultaneously, Info Edge has committed up to ₹180 crore to B8 Fund I. CodingNinjas reported a turnover of ₹97.43 crore but a net loss (PAT) of ₹13.36 crore as of March 31, 2026. Its net worth was negative ₹34.98 crore.
Why this matters
This acquisition aims to create business synergies between Info Edge's flagship platform, Naukri, and CodingNinjas. The integration is expected to unlock growth for CodingNinjas and enable Naukri to offer mini AI courses. The investment in B8 Fund I signifies Info Edge's ongoing capital deployment strategy into external investment vehicles.
The backstory
Info Edge has been strategically investing in and consolidating its ed-tech presence. CodingNinjas is a player in the coding education space. The investment in B8 Fund I is managed by Smartweb Internet Services Ltd., a subsidiary of Info Edge, indicating a structured approach to fund management and investment.
What changes now
With full ownership, Info Edge can more deeply integrate CodingNinjas' operations and offerings with the Naukri platform. The founders of CodingNinjas will join Info Edge, ensuring continuity and leveraging their expertise. The company will now fully consolidate CodingNinjas' financials, including its reported losses.
Risks to watch
Investors should monitor the financial performance of CodingNinjas, which reported a loss of ₹13.36 crore and negative net worth of ₹34.98 crore as of March 31, 2026. Both transactions, the acquisition of CodingNinjas and the investment in B8 Fund I, are classified as related party transactions, requiring scrutiny regarding valuation and governance, despite management stating they are economically favorable.
Peer comparison
Info Edge operates in the online job listings and ed-tech space. Competitors in the ed-tech sector include various platforms offering courses in coding and technology. Info Edge's strategy involves acquiring and integrating complementary businesses to enhance its core job portal offerings.
Context metrics (as of March 31, 2026)
- CodingNinjas Turnover: ₹97.43 crore
- CodingNinjas PAT: (₹13.36) crore
- CodingNinjas Networth: (₹34.98) crore
- B8 Fund I Networth: ₹122.81 crore
- B8 Fund I PAT: (₹2.18) crore
What to track next
Investors will be keen to see how Info Edge leverages the CodingNinjas acquisition to drive revenue growth and improve profitability. The successful integration with Naukri and the rollout of AI-driven courses will be key performance indicators. Monitoring the financial health and strategic contribution of CodingNinjas will be crucial.