Sanjeev Bikhchandani, the visionary behind India’s largest online employment marketplace, Naukri.com, stands as a testament to the entrepreneurial spirit and hard work that lead to business success. Born into a middle-class family, Sanjeev Bikhchandani embarked on his journey to success after graduating with a degree in Economics from St Stephen’s College in Delhi in 1984. His professional path began as an accounts executive at Lintas, where he worked for three years.
In pursuit of higher education, Sanjeev decided to enroll in a Post Graduate Diploma in Management (PGDM) at IIM Ahmedabad, where he earned his MBA in 1989. Following a brief stint as a product executive at GlaxoSmithKline, he decided to take a leap of faith into entrepreneurship. Sanjeev’s initial ventures included businesses focused on pharmaceutical trademarks and generating reports and surveys about salaries.
In 1993, he co-founded Info Edge, a pivotal moment that marked the beginning of a transformative journey. The early days were challenging, with Sanjeev working tirelessly, often without a regular income. His wife, Surabhi, played a crucial role during this period with her stable income, enabling the family to navigate through tough times.
Info Edge’s pivotal moment came in 1997 with the establishment of Naukri.com, an online job portal. Sanjeev Bikhchandani’s relentless dedication and strategic vision turned Naukri.com into a game-changer in the Indian job market. Despite financial constraints, he managed to launch the platform on a US server with support from his brother.
Over the years, Naukri.com became the cornerstone of Info Edge, which evolved into a diversified internet company, owning popular websites such as jeevansathi.com, 99acres.com, and shiksha.com. Notably, Info Edge holds stakes in successful companies like PolicyBazaar and Zomato. The company’s market value reached an impressive Rs 59,369 crore, reflecting its significant impact on the Indian business landscape.
As of Forbes estimates, Sanjeev Bikhchandani’s net worth stands at a remarkable $2.3 billion (over Rs 19,000 crore). His journey is not merely confined to business success; Sanjeev is also recognized for his contribution to education. He played a pivotal role as a founding member of Ashoka University, a prestigious institution for liberal arts.
Sanjeev Bikhchandani’s story exemplifies the power of determination, innovation, and resilience in the face of challenges. His entrepreneurial acumen has not only created immense value for Info Edge but has also left an indelible mark on the Indian startup ecosystem.