The Coding Ninjas acquisition by Info Edge (India) has taken its final form, as publicly reported on 2026-07-07: the Naukri parent has approved the purchase of the remaining 45.36% stake in Coding Ninjas (operated by Sunrise Mentors Pvt Ltd) for ₹39.91 Cr in an all-cash transaction. Once completed, Info Edge will hold 100% of the edtech platform, directly and through its subsidiary Startup Investments (Holding) Ltd. The deal marks the conclusion of a partnership that began more than six years ago.
Quick Highlights
- Acquirer: Info Edge (India) Ltd.
- Target: Coding Ninjas (Sunrise Mentors Pvt Ltd)
- Deal Value: ₹39.91 Cr (all-cash)
- Founders: Ankur Singla, Kannu Mittal, Dhawal Parate
- Announcement Date: July 7, 2026 (Board approval: July 6, 2026)
- Sector: EdTech — Coding & Upskilling
Deal Breakdown
Deal Rationale
As publicly reported, Info Edge stated that the acquisition is aimed at deepening synergies between Naukri and Coding Ninjas, while enabling Naukri to build mini AI course offerings for its users. The company also indicated that the move is expected to unlock growth and profitability improvements for Coding Ninjas. Full ownership brings the edtech platform alongside other wholly owned Info Edge units, giving it the balance-sheet backing to pursue a clearer path to profitability.
Deal Structure
Info Edge will acquire 74,741 equity shares of Sunrise Mentors Pvt Ltd at ₹5,340.23 per share. The payment is structured in four tranches: 25% of the consideration (approximately ₹9.98 Cr) is payable at the closing of the share purchase agreement, while the remaining ₹29.93 Cr will be paid in three equal instalments on March 31, 2027, March 31, 2028, and March 31, 2029. The transaction is subject to customary conditions and is expected to close within 45 days of the board’s approval.
Expansion Plans
As publicly reported, Info Edge explicitly highlighted that full ownership will allow Naukri to develop and deploy mini AI-focused course offerings for its technology job-seeking user base. The cofounders of Coding Ninjas will continue to be employed by Info Edge and will receive salary and performance incentives during their tenure, signalling continuity in leadership as the platform integrates into the broader Info Edge ecosystem.
Significance
This deal signals Info Edge’s confidence in the resilience of the coding-education segment even as the broader Indian edtech industry faces headwinds. Coding Ninjas posted revenue of ₹97.43 Cr in FY26, up from ₹67.15 Cr in FY24, while narrowing its net loss to ₹13.36 Cr — a trajectory that strengthens the strategic case for full integration. For the wider edtech sector, the acquisition underscores a consolidation trend where well-capitalised internet conglomerates are moving to fully absorb high-potential upskilling platforms rather than maintaining minority positions. The tie-up between Naukri’s vast job-seeker network and Coding Ninjas’s curriculum infrastructure creates a vertically integrated talent pipeline that few pure-play edtech players can replicate.
These details have been verified against multiple publicly available reports as of 2026-07-07.
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Disclaimer: This report is compiled from publicly available sources and is for informational purposes only; funding figures are as publicly reported and may be subject to change.
