Sanjeev Bikhchandani Explained

Sanjeev Bikhchandani
Nationality:Indian
Education:BA from St. Stephen's College, Delhi
MBA from IIM Ahmedabad
Occupation:Entrepreneur
Organization:InfoEdge
Awards:Padma Shri
Website:https://www.infoedge.in/

Sanjeev Bikhchandani is an Indian businessman, who is the founder and executive vice chairman of Info Edge which owns Naukri.com, a job portal,[1] [2] as well as the co-founder of Ashoka University.[3] He was honored with the Padma Shri, India's fourth-highest civilian award, in January 2020.[4] [5]

He attended St. Columba's School, Delhi and finished schooling from there in 1981. Thereafter, he obtained a Bachelor of Arts degree in economics from St. Stephen's College, Delhi in 1984. He completed his MBA from IIM Ahmedabad in 1989.[6] He is ranked #68 in Forbes India Rich List 2020 with a net worth of $2.1 Billion.[7]

Career

Sanjeev after his PG left a job marketing Horlicks at Hindustan Milkfood Manufacturers (after series of multinational mergers-and-acquisitions, now known as GlaxoSmithKline Consumer Healthcare India) in 1990 to pursue entrepreneurship.[6] The first company specialized in pharmaceutical trademarks and the second produced salary surveys and reports. In 1993, he and his partner decided to go separate ways.[8] Sanjeev founded Info Edge in 1995. In 1997, Bikhchandani set up Naukri.com, jobs portal located on a server in India,[9] and later Quadrangle.in, an offline executive search business. In 2005, Naukri.com was reported as being India's largest web-based employment site.[10]

Building up in the websites business, Info Edge later launched other classified sites like 99acres.com in real estate, Jeevansathi.com in matrimony and Shiksha.com in education.

He is also an astute investor, having invested in unicorns like PolicyBazaar and Zomato.[11] Additionally, he is a part of the 'Vision Circle' of FYI (Foundation for Young Innovators) - a shark tank for social initiatives exclusively open to high school students.

He won the Ernst and Young Entrepreneur of the Year Award in 2008.[12]

Notes and References

  1. News: Bikhchandani hits Rs 722 cr jackpot. . 2006-11-21. dead . https://web.archive.org/web/20100926094927/http://www.business-standard.com/india/storypage.php?tp=on&autono=17780 . 2010-09-26.
  2. Web site: Dot-com's poster boy - Sanjeev Bikhchandani . Kushan Mitra . 2008-01-13 . . live . https://web.archive.org/web/20110731073204/http://businesstoday.intoday.in/story/dotcoms-poster-boy--sanjeev-bikhchandani.html/1/1174.html . 2011-07-31 .
  3. News: Menon. Rashmi. What's in a name? Sanjeev Bikhchandani was apprehensive of 'Ashoka' University. 2018-03-07. The Economic Times. 2018-01-23.
  4. Web site: Anand Mahindra, Venu Srinivasan to be honoured with Padma Bhushan; Naukri.com founder to get Padma Shri . . 26 January 2020 . 26 January 2020.
  5. Web site: MINISTRY OF HOME AFFAIRS . padmaawards.gov.in . 25 January 2020.
  6. News: Sanjeev Bikhchandani traces his journey from dreamer to achiever . . 2012-09-28 . 2016-05-23 . live . https://web.archive.org/web/20180307121320/https://www.indiatoday.in/magazine/supplement/story/20121008-money-sanjeev-bikhchandani-naukricom-iim-ahmedabad-759989-2012-09-28 . 2018-03-07.
  7. Web site: #68 Sanjeev Bikhchandani & family . . 2020.
  8. News: Supportive Wife Ran Household Expenses While He Quit High Paying MNC Job And Founded Naukri.com, Today Sanjeev Bikhchandani's Net Worth Is Rs 18,856 Crore. Zee News. 15 July 2023.
  9. News: 24 April 2014. Info Edge's Sanjeev Bikhchandani shares his slip-ups on the path to success. Business Today. 9 August 2021.
  10. News: Jain. Sunil. Sunil Jain. 14 December 2005. How Naukri.com became a hit. Business Standard. New Delhi. 9 August 2021. Rediff.com.
  11. News: Chakraborty. Sayan. 4 April 2019. How billionaire debutant Sanjeev Bikhchandani built himself a fortune. Forbes India. 9 August 2021.
  12. Web site: Strategic Growth Forum India - Speaker - Sanjeev Bikhchandani. dead. https://web.archive.org/web/20180307214358/https://webforms.ey.com/in/en/services/strategic-growth-markets/strategic-growth-forum-india---speaker--sanjeev-bikhchandani. 7 March 2018. 9 August 2021. Ernst & Young.