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Sanjeev Bikhchandani pivots as Info Edge leans harder on Zomato amid IT hiring slowdown
Economy
Published on 11 May 2026
Recruiting share shrinks while Zomato bets grow
With IT hiring slowing, Info Edge—Sanjeev Bikhchandani’s recruitment-led business—has started taking a backseat for the first time. Instead, its fortunes increasingly track the market value of Zomato, in which it holds 12.24%. The shift signals how job-market softness is pushing investors to focus on tech platform valuations over staffing revenues.
- Info Edge’s recruitment role is shrinking as IT hiring slows
- For the first time, its business is taking a backseat
- Info Edge’s 12.24% stake ties results to Zomato’s valuation
- Market focus is shifting from staffing to platform growth
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times