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.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
