Sanjeev Bikhchandani

Founder and Executive Vice Chairman
Info Edge

Sanjeev Bikhchandani is the Founder of Info Edge India Ltd. – the company that owns Naukri.com, India’s leading job site. It also owns 99acres.com, Jeevansathi.com and Shiksha.com. In addition it has invested in approximately fifty start-ups including Zomato, Policybazaar, Shopkirana, Ustraa, Gramophone, Bijnis, Shipsy and Dotpe.

Sanjeev schooled at St. Columba’s School in New Delhi. He graduated in Economics from St. Stephen’s College, Delhi University and began his career working in advertising with Lintas. After working for three years he did his post-graduation from IIM Ahmedabad in 1989 and joined the consumer marketing firm HMM Ltd.(now called Glaxo SmithKline Consumer Healthcare Ltd.). He quit his job for entrepreneurship eighteen months later and co-founded Info Edge.

For the first seven years as an entrepreneur, Sanjeev drifted and did a number of small businesses – from salary surveys to databases, to feasibility studies, to training. For a brief period, he was the Consulting Editor of Avenues – the careers supplement of ‘The Pioneer’ newspaper.

In 1997, Info Edge launched Naukri.com and transformed itself into an Internet company. Starting off from a servant quarter above a garage and with seed capital of two thousand rupees, the company grew and attracted investment from leading venture capitalists. It was the first Internet company to list on Indian stock exchanges. Today Info Edge employs over 4500 people and has a market capitalization of over USD 5 billion.

Sanjeev is active in various industry forums and is a contributor to the entrepreneurship ecosystem. He has served as the President of the Delhi chapter of TiE (The Indus Entrepreneurs). He has also served as a member of the Global Board of Trustees of TiE. He serves as a Member of the Council of Management of All India Management Association. He has been Chair of the Internet Council of NASSCOM. He has also served on the Venture Capital Investment Committee for the SIDBI Fund of Funds for startups. Sanjeev is a member of the Board of the CIIE Initiatives at IIM Ahmedabad. He is also a member of the National Startup Advisory Council.

Apart from this, Sanjeev is also engaged in philanthropy. He is a founding trustee of Ashoka University. He is a member of the Board of Chintan – a not for profit organization that works with waste pickers in Delhi. He supports 1947 Partition Archive – a not for profit that is building an oral history archive consisting of video interviews of people who experienced partition. He also supports several other non-profit organisations.

Sanjeev has received several awards and honours.

He received the “Ernst and Young – Entrepreneur of the Year” award in 2008 for Business Transformation. Sanjeev also won the Dataquest Pathbreaker Award & the Teacher’s Achievement Award for Business in the same year. In 2011, he was conferred the Distinguished Alumnus award by IIM Ahmedabad and in 2012 he was honoured with the CF Andrews Distinguished Alumnus award by St. Stephen’s College. He is the recipient of the Lakshmipat Singhania – IIM Lucknow National Leadership Award, as Young Leader in the Business Category for the year 2012. In April 2017, Outlook Magazine selected him as one of India’s fifty greatest CEOs ever. In 2019, he received Lifetime Achievement Award in IT given by the Financial Express. He was honoured with the Pride of India Award 2021 for Lifetime Achievement from Chiratae Ventures. In December 2021 he was awarded an honorary doctorate by Amity University. In January 2022 he received ET Start-Up Awards 2021 in the category Midas Touch. Recently he was honoured with North Star Award 2022 by Old Columbans Association.

Sanjeev was conferred with the Padma Shri Award 2020.

The Next Gen: DISRUPTION

Economic Disruption: We live in an era of disruption in which powerful global forces are changing how we live and work. Powerful disruptions are changing our world. The gig economy, remote work, and the sharing economy have disrupted traditional employment models. The new generation is often at the forefront of these economic changes, seeking flexibility and independence in their careers.

Technological Disruption: The new generation is witnessing rapid technological advancements and digital transformation. They are at the forefront of embracing and driving these changes, leading to disruptions in various industries. Examples include the rise of blockchain, artificial intelligence, and the gig economy. Frontier technologies such as the Internet of Things, smart robotics, automation, and artificial intelligence are boosting productivity growth, raising prosperity, and replacing mundane or dangerous tasks. They have the potential to do good across a wide range of domains, from healthcare to education

Cultural Disruption: Social movements and changing cultural norms are disrupting traditional societal structures. The new generation is actively involved in advocating for gender equality, LGBTQ+ rights, and racial justice, challenging the status quo and pushing for more inclusive societies. The connection between resilience, equity and inclusion is widely accepted by policymakers: evidence has shown that creating more equitable and inclusive societies is a crucial part of any economic strategy focused on resilience and recovery.

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The Next Gen: DEVELOPMENT

Skill Development: The new generation places a strong emphasis on personal growth and development. They prioritize continuous learning, self-improvement, and mental well-being. Tools like online courses, self-help apps, and social networks play a significant role in their development journey. It is important to have a conversation about how to begin closing the gap between what our students are learning and what the demands of the workforce will be once they enter. Half of us will need to reskill in the next five years, as the "double disruption" of the economic impacts of the pandemic and increasing automation transforming jobs takes hold.

Sustainable Development: This generation of leaders bears the responsibility of preserving and advancing the legacies of their businesses while actively championing sustainable practices across businesses, governments, local communities, and personal lifestyle changes to secure a brighter future for the planet. Sustainability, the buzzword across the world today, will have to take on a new avatar and become the soul of every organization - business or otherwise. Businesses cannot succeed in societies that fail.

Social Development: The next generation is deeply rooted in creating positive change in society by incorporating CSR, promoting digital literacy, improving access to quality education, and supporting public health initiatives. Smart living is about adapting the fruits of technology through models that are scalable, profitable and, importantly, ecologically and socially more sustainable.

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The Next Gen: DIVERSIFICATION

Geographical Diversification: The prime focus of the new-gen leaders will be on a geographic diversification strategy, either domestically or internationally, aiming to integrate its products and services as a routine in consumers’ lifestyles. This will mitigate the risks associated with regional economic fluctuations. In an interconnected world, diversity, shaped by globalization and technological advances, forms the fabric of modern society.

Business Diversification: The strategic expansion and diversification of businesses with investments in newer business avenues, will enhance the return on investment, reflecting the forward-thinking approach of the next-generation leaders' eagerness to innovate. Companies are discovering that, by supporting and promoting diverse products and services, they are gaining benefits that go beyond the optics.

Workforce Diversification: To achieve geographical and business diversification, the next generation of leaders will aim at prioritizing workforce diversity, to boost job growth and create together a multitude of ideas and perspectives, igniting innovation and creativity. In times of increasing disruption and uncertainty, companies need to continue to prioritize diversity and inclusiveness (D&I) for the benefit of their culture — and their bottom line.

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