Info Edge India Ltd. · NSE:NAUKRI
Info Edge India — Investor Presentation (May 2015)
89 slides from Info Edge India's investor presentation, May 2015
Slide 1: Info Edge (India) Limited
Info Edge (India) Limited India’s internet classifieds company May, 2015 1
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Info Edge (India) Limited (the “Company”) solely for information purposes without any regard to any specific objectives, financial situations or information needs of any particular person. This presentation and its contents are confidential and shoul
Slide 3: Our online businesses
Our online businesses India’s no. 1 jobsite India’s leading real estate site Division of Info Edge Division of Info Edge India’s no. 3 matrimonial site India’s leading education listings site Division of Info Edge Division of Info Edge Job site focused on the Gulf market 3
Slide 4: Strategic investments
Strategic investments India’s leading restaurant ratings and India’s leading financial products review site comparison site Shareholding ~50%* Shareholding ~18%* India’s leading education site for India’s leading site for professional school children photographers Shareholding ~56%* Shareholding ~36
Slide 5: Our brands are market leaders
Our brands are market leaders • Internal businesses – Naukri – 99acres – Shiksha • Strategic investments – Zomato – Policybazaar – Meritnation – Canvera – Mydala 5
Slide 6: Nationwide sales/customer interface infrastructure
Nationwide sales/customer interface infrastructure Info Edge sales offices illustrative map Key Observations Chandigarh Nation wide coverage through 63 company branch Delhi NCR (Noida, Gurgaon) offices in 43 cities in India Jaipur Lucknow ~ 2726 sales/ servicing/ Ahmedabad Bhopal Kolkata client faci
Slide 7: Strong financial performance track record
Strong financial performance track record Total Income and EBITDA margin for the standalone entity, 2006 – 2015 8000 50% 43.63% 45% 7000 40.09% 39.14% 38.65% 37.59% 37.30% 40% 6000 35.10% 34.30% 35% Total income (INR M) margin (%) 30.00% 5000 28.80% 30% 4000 25% 6879.9 2397 2241 2152 EBITDA 20% 4837
Slide 8: Capital efficiency, high EBITDA margins and negative working capital
Capital efficiency, high EBITDA margins and negative working capital have led to a strong balance sheet Assets 6% 1% 5% Cash & Liquid Investments Other Cash and Investments equivalents Net Fixed 28% High margins Rs 11.72 bn Assets and operating Other Current 60% Assets leverage Other Assets Negative
Slide 9: Board of Directors
Board of Directors Whole time Non Executive Independent Saurabh Srivastava (69) Arun Duggal (68) Sanjeev Bikhchandani (51) Kapil Kapoor (50) Independent Director Independent Director Founder and Executive Vice Chairman & Non Executive B.Tech IIT Kanpur, B.Tech IIT Delhi, Chairman Director M.Sc Harva
Slide 10: Corporate governance
Corporate governance Independent Directors are a majority on the Board Separation of Chairman and CEO role Non Executive Chairman Statutory Audit performed by PWC Internal Audit performed by an external firm Audit committee comprises of only Independent Directors Disclosure of quarterly balance shee
Slide 11: Shareholding with Founding management group and FIIs
~44% shareholding is with the Founding management group and ~29% with FIIs (as of Mar 31, 2015) Individuals and others, 16.04% ESoP Trust, 0.11% Wholetime Directors & their Bodies entities, 43.81% Corporate, 0.58% Foreign Mutual Funds Institutional and Banks, Investors, 10.13% 29.33% HDFC Mutual Fun
Slide 12: Naukri
Naukri 12
Slide 13: Naukri website
3 a E fale ( Employer Zone Cnaukri.com : | - 5 , Services india’s Not Job Site Jobs Recruiters Companies Service: More Login Buy Online All Jobs IIT/IIM Jobs Govt. Jobs Intemational Jobs | agree to the Terms and Conditions ~ All Jobs by Company Jobs by Category Jobs by Location Jobs by Designation J
Slide 14: Naukri is the dominant leader in the online job market
Naukri is the dominant leader in the online job market • Approximately 70% traffic share in April, 2015 (Source : comScore) • 150,000+ jobs and 41 million resumes on the site • In Q4 FY 14-15 – 10,400+ avg. resumes added daily – 133,000+ resumes modified daily – Between 650,000 and 850,000 resume se
Slide 15: Dominant traffic share
Dominant traffic share 80.00 70.00 60.00 50.00 40.00 30.00 20.00 10.00 0.00 Naukri Monsterindia Timesjobs Shine Source: comScore (above data is for traffic from desktops and laptops only) Above chart excludes Linkedin since traffic may not pertain to jobs ~50% of the total sessions, in Q4 FY 14-15,
Slide 16: Naukri is a business of the virtuous circle
Naukri is a business of the virtuous circle Benefits • Naukri has over We get the 100% of industry most profits enabling clients We’ve got the greater most jobs investment in – Product innovation – Engineering We get – Brand support the most response We get the – Sales network most – Servicing back
Slide 17: Revenue sources in FY 14-15
Revenue sources in FY 14-15 B2B revenues about 90% (from Recruiters) – Resume database access – Job listing (response management) – Employer branding (visibility) – Career site manager – Others - Resume short listing and screening, campus recruitment – Non recruitment advertising (other than for job
Slide 18: Breakup of revenue by product type and industry
Breakup of revenue by product type and industry in FY 14-15 Assisted 7.62% Others, Career site 7.91% search , Other - 0.6% manager, Other 2.5% manufact 28.70% 0.3% Branding, uring IT and 8.8% ITeS Job seeker services, 13.97% 11.2% Other - services Resume database Job access, listings, 58.3% 18.2% 16
Slide 19: Revenue per client
Revenue per client 70 60 61 60 56 57 57 50 53 51 50 48 45 46 40 41 42 40 35 30 30 20 20 10 10 0 0 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Av. Realisation in Rs '000 No. of unique customers in '000 19
Slide 20: Strategy
Strategy • Career site manager, response management tools New products for and applicant tracking system recruiters • Employee referral tool • Recruiter profile • App for Android, iOS Mobile • HTML5 site • Semantic search Superior search • Job seeker experience better and faster • Use of analytics t
Slide 21: Products/ features launched in FY 14-15
Products/ features launched in FY 14-15 Career site and • Powers career site for recruiters and corporates Response management • Helps manage responses from various sources • A Recruiter can create a personal profile on Recruiter profile Naukri website • Job seekers can choose to follow him/ her • A
Slide 22: Career site manager (CSM)
Career site manager (CSM) Helps power the career tab of a corporate website and manage response Career Link on website Social Recruiting Application Tracking System + Mobile ready career + Search Engine + Searchable CV database site Optimization Sold to over 1300 recruiters (including corporates) in
Slide 23: Few clients of CSM
Few clients of CSM MARKS &. SPENCER e IKYA CareerNet OWER OF BEING ONE XLD namics . . oC et MetricStream J SS —_—= ° a S78 ( alp consultin cys © WwW a’ people. Better wing INVESTORS JUBIANT a tN FoopWorks PAL INSURANCE Tech Mahindra AON! lewilt INE YOUR STYLE. YOUR STORE
Slide 24: Mobile an important source of traffic
Mobile an important source of traffic About 50% sessions in Q4 FY 14-15 (vs 39% sessions in Q3 FY 14-15) from mobile Android app iOS app HTML5 site 23% of total Naukri 1% of total Naukri 26% of total Naukri sessions sessions sessions Trend over four quarters 60% 50% 40% 26% 30% 17% 18% 1% 1% 20% 15%
Slide 25: The App and HTML5 site
The App and HTMLS5 site = © = = 105 Jobs Found Y Keywords Modify "Sales Manager, Marketing Manager” | 6 Sales Manager Location Live connections Mumbai > Experience tS Years) 0 2 4 6 8 Ae 15+ nthapuram, Hydrabad, Sescunderabad Puaucnerry Sales Executive Silly Fish Studios Expected Salary ad, Kolkata,
Slide 26: Competition
Competition • Local job boards – Monsterindia.com – Timesjobs.com – Shine.com • Linkedin in India – Solves a different problem • Continuous innovation in product and service the key to counter competition 26
Slide 27: Some international job sites
Some international job site’s Name of the Revenue No. of profiles/ No. of unique Approx Market website resumes in mn clients Cap 51job.com* USD 305 mn 75 338,000 USD 1.90 bn (China) Seek.com^ AUD 241 mn 4.2 - AUD 5.52 bn (Australia) Recruit# @JPY 12,999 (in - - JPY 2.21 tn (Japan) 100 million) Info
Slide 28: 99acres
99acres 28
Slide 29: 99acres website
PREMIUM VIEWS AT HIGHER FLOORS Provident GreenPark Setvopuram Combatore Suaring rom J Provident Sunworth, Bangalore Royal Elegancia,s | 3BHK ating 4 BHK ring tam & 99acres,com Al india Adal a Preach Pet nn BUY RENT PROJECTS += COMMERCIAL DEALERS Property Gallery Featured New Projects A PURAVANKARA C
Slide 30: Online real estate business - India
Online real estate business - India • Real estate estimated to be the largest advertising category in print • Our estimate of spend on online real estate portals is INR 3.0 bn in FY 14-15 • 99acres, a leader amongst 6 players – Google and local classifieds sites (like olx and quikr) also compete for
Slide 31: Traffic share – Online real estate listing sites
Traffic share – Online real estate listing sites Traffic share of various real estate sites based on data from comScore 60 50 40 % tarffic share 30 20 10 0 99acres indiaproperty.com magicbricks.com makaan.com commonfloor.com housing.co.in Source : comScore.com (data is for traffic only from desktops
Slide 32: 99acres business model
99acres business model Revenue Model Listing and Branding/ Visibility So we get advertisements the most Paid by agents and clients We’ve got the developers most real estate Currently free to listings individuals Others:- Microsites, home page links, So we get the most Google Ad sense, response adver
Slide 33: Some approx. numbers
Some approx. numbers (as of May 27, 2015) • Total projects 90,000 (under construction or ready to move in) • Total listings were 8.40 lac of which owner listings were 2.60 lac – Residential 7.38 lac – Commercial 1.02 lac • Listings added (on May 27, 2015) – Residential 6580 – Commercial 850 – Of the
Slide 34: In FY 14-15
In FY 14-15 No. of customers in ‘000 Revenue breakup by customer type 6.6 46% 52% 17.7 Agent/Broker Builder Agent/Broker Builder 34
Slide 35: 99acres's strategy
99acres’s strategy Product innovation User experience Sales team Quality of outreach data Customer Number of service listings Improve traffic share Keep topline growth rate high Brand building Analytics Mobile 35
Slide 36: Products/ features launched in FY 14-15
Products/ features launched in FY 14-15 • Price trends launched basis listings data Price trends on the site New projects • Showcasing new projects which is a large platform launched market Mobile app launched • For android and iOS • Verification of listings to improve quality Verified listings of d
Slide 37: Mobile app – home screen, navigation and search page
Mobile app – home screen, navigation and search page 37
Slide 38: Mobile app - Property search results page, filter page
Mobile app - Property search results page, filter page, property detail page 38
Slide 39: Mobile app – project search results and posting form
Mobile app – project search results page, project detail page and property posting form 39
Slide 40: Mobile an important source of traffic
Mobile an important source of traffic About 35% sessions in Q4 FY 14-15 (vs 30% in Q3 FY 14-15) from mobile Android app iOS app HTML5 site 12% of total 0.8% of total 22% of total 99acres sessions 99acres sessions 99acres sessions Trend over four quarters 40% 35% 30% 25% 22% 20% 18% 20% 20% 15% 0.8%
Slide 41: Jeevansathi
Jeevansathi 41
Slide 42: Jeevansathi website
7% Download : Jeevansathi-com andrea 36 Got Any Questions? Call Us! Indian Matrimonials - We Match Better 1800-419-6299 (Toll Free) Hindi-Delhi | Marathi | Hindi-UP | Punjabi | Telugu | Bengali | Tamil | Gujarati | Kannada | Hindi-MP | Bihari | More ~ Quick Bride ’ Religion v Mother tongue v Caste ’
Slide 43: Online matrimonial business - India
Online matrimonial business - India • Online market estimated to be INR 5 bn in FY 14-15 • Three main players – Bharat matrimony, Shaadi and Jeevansathi • Used by – Those disconnected from mother communities – Youngsters wanting choice • In many instances process is driven by family • Fragmented mar
Slide 44: Jeevansathi business model
Jeevansathi business model Website – FreeSotowelist get – Freethe to most search clients – Free to express interest – Free to accept others expression of interest – Pay to get contact details Offline centres (10 centres operational) – Walk in sales for matching So we get services the most Franchise
Slide 45: Jeevansathi imperatives
Jeevansathi imperatives • Improve free to paid conversion rate • Reduce EBITDA losses while maintaining growth rates • Focus on key identified communities 45
Slide 46: Competition
Competition • 3 main players – Bharatmatrimony is the leader – Shaadi is no. 2 – Jeevansathi no. 3 • Bharatmatrimony dominates states in south India and non resident Indians from these states • Shaadi leads in Gujarat and Punjab and non resident Indians from these states • Jeevansathi leads in certa
Slide 47: Mobile app
Min Age 18 years Religion Hindu Mother Tongue Hindi Country - City Living In India All Profiles Max Age 27 years Profile with Photos Search Mobile app vate About her RWR 1091 Last login 2 days ago eValue 27 Years 5' 5” Marketing Professional Brahmin Brahchar Rs. 5 - 7.5lac Gujrati/Kutchi MBA/PGDMA G
Slide 48: Mobile an important source of traffic
Mobile an important source of traffic About 62% sessions in Q4 FY 14-15 (vs 56% in Q3 FY 14-15) from mobile Android app HTML5 site 30% of total 32% of total Jeevansathi sessions Jeevansathi sessions Trend over four quarters 70% 60% 50% 32% 40% 33% 34% 30% 20% 39% 30% 10% 18% 23% 0% 0% Q1 Q2 Q3 Q4 An
Slide 49: Shiksha
Shiksha 49
Slide 50: Home page of Shiksha (Desktop)
Home page of Shiksha (Desktop) 50
Slide 51: Home page of Engineering
Home page of Engineering Engineering in India 3 Home ®™ Institutes @ FAQ QOQea ili Rankings 8 Tools ~ [=] Exams ~ Featured Colleges for Engineering Predict your rank and find colleges that you can apply to: Rank Predictors: JEE MAIN 2015 Rank predictor COMEDK 2015 Rank predictor JEE Advanced 2015 Ra
Slide 52: Home page of MBA
Home page of MBA MBA in India f Home Minstitutes <&Tools> illiRankings [|Exams~ [fy Apply Online {07 My Shortlist Featured Colleges for MBA Alliance School of Business - Alliance University, Bangalore s View by Location Colleges in Delhi-NCR Colleges in Mumbai Colleges in Bangalore Colleges in Pune
Slide 53: Home page for Overseas Education
Home page for Overseas Education 53
Slide 54: Mobile site
Mobile site India Study Abroad 54
Slide 55: Campus Representatives from Institutes
Campus Representatives from Institutes 55
Slide 56: College Reviews
College Reviews College Reviews Sort: Year of Graduation | Recently Submitted | Highest Rating | Lowest Rating Average Alumni Rating: | 4.675 | m@ 6 Students Recommend This Course a Anonymous Class of 2016 Rating w@ Recommends This Course The Curriculum at IIM Calcutta is best suited for people . _
Slide 57: Educational classifieds business - India
Educational classifieds business - India • Education as a category spends amongst the highest in print • ~ INR 3.8 bn (Source TAM Adex) • Spend in print estimated to be similar to real estate • Online , School/College contact programs, Consultant commissions & fairs form bulk of remaining marketing
Slide 58: Shiksha business model
Shiksha business model • Branding & advertising solution by colleges & universities (UG & PG) – Both Indian and foreign entities advertise – Large number So we get of Indian students go overseas for higher education • Estimated the mostat ~100,000 + every year. Highly monetizable clients • Lead gene
Slide 59: Shiksha strategy
Shiksha strategy • Improved information on colleges and courses Build differentiated & • User generated content (Q&A with credible content community/experts/campus reps, reviews) & interactive student tools • Category (course) level focus • Full feature mobile sites for domestic & Strong mobile stud
Slide 60: Competition
Competition • Careers360 • Pagalguy (a MBA aspirant community) • HTcampus • Minglebox • MBA Universe • IndiaCollegeSearch • HotCourses India (study abroad) • Studyportals (study abroad) 60
Slide 61: Investee companies
Investee companies 61
Slide 62: Portfolio status
Portfolio status As of May 15, 2015 INR Million Total * Approx. diluted amount and converted Investee Company Website invested shareholding % % of Total Active Zomato Media Pvt Ltd. www.zomato.com 4837 50% 67% Applect Learning Systems Pvt Ltd. www.meritnation.com 718 56% 10% Etechaces Marketing and
Slide 63: Investee companies financials
Investee companies financials INR million * Approx. Total diluted and amount converted Investee Company Website invested shareholding % Operating revenue Operating EBITDA As of May 15, 2015 FY11-12 FY 12-13 FY 13-14 FY 14-15 FY11-12 FY 12-13 FY 13-14 FY 14-15 Partly owned subsidiary Zomato Media Pvt
Slide 64: Zomato
Se zomato We're Hiring! Log in with Facebook Log in Discover great places 46-at around you in Delhi NCR ©) All of Delhi NCR AVANEAt SS.) @Vaaiua® >» = 35 MILLION-EOODIE S~ SE ZOMATO EVERY MONTH
Slide 65: Zomato
Zomato • A clear leader in the restaurant category – In Q4 FY15 announced the acquisitions of: • Urbanspoon (presence in US, Australia and Canada) • Mekanist (presence in Turkey) • Cibando (Italy) • NexTable for Table Reservations – In Apr '15, acquired Maple POS - Android based POS system with cust
Slide 66: Zomato – business model
Zomato – business model • Business model – Digitise restaurant menus, provide relevant information (including map coordinates, pictures etc) • Regular updation through feet on street beats – Generate ratings and reviews and enable picture uploads from users – Provide a wow user experience • search c
Slide 67: Zomato – mobile app
Zomato — mobile app Fzomato SIGN UP AND GET STARTED f Instant Facebook Connect = Os LUNCH 2556 Sunny Pan-Asian Delicacies Il Collections | aa Trending this Week Delhi NCR cee Valentifié's Day Snecials Yauatcha Vasant Kunj, New Delhi 192 Reviews 3.9 601 votes ty es a Call Bookmark CheckIn Been Here R
Slide 68: Policybazaar
Policybazaar policy About Insurance ¥ Loans ¥ Help ¥ Sign In Q | [24x7 Toll Free] @ N : im) Th _ ere Term Insurance Health Insurance Car Insurance Investment Two Wheeler e a> yy A ° Font Critical Illness Personal Accident Home Insurance Travel Insurance Loans & Cards 68
Slide 69: Policybazaar
Policybazaar • Policybazaar is India’s financial online supermarket • Online price comparison site for financial products – Mainly for insurance, expanding fast into other financial products (Paisabazaar) – A clear value add to individuals and Financial Institutions • A leader in its category – esti
Slide 70: Meritnation
Meritnation 1 i Downioad our == e#neritnation & 011-40705070 or monte App [.] | Explore | Log in | Live Classes CA-CPT TITJEE | AIPMT Class XII Class XI Class X Class IX Class VIII Class VII Class VI Class V Class IV Class IIT Class II Class I Join now for FREE Crack your exams with the best tuition
Slide 71: Meritnation
Meritnation • Freemium model • Direct to consumer • Provides free solutions mainly for – mathematics and science for K12 of popular national Indian curriculum’s viz. CBSE and ICSE – Some State Board’s curriculum added • Paid product for online assessment and teaching solutions – provides resources t
Slide 72: Meritnation contd.
Meritnation contd. • Over 3 million visitors every month • Increase engagement – practice questions – school pages • Increase no. of paid users – tele calling – demo at home – web based video to explain benefits • Improved – search – ask and answer • Mobile app • Offline model 72
Slide 73: Canvera
Can¥era Canvera Indian Wedding Phatography.costs HOW MUCH? Read More © Canvera Photobook EASY TO ORDER | DURABLE | BEAUTIFUL Our stringent quality check ensures that each handcrafted Canvera Photobook surpasses your expectations. With a three layered packaging and shipping within a safety box, a bag
Slide 74: Canvera
Canvera • Produces printed wedding albums for professional photographers • Build brand with the consumer but monetise through the professional photographer • Products & services include: – Printed products (albums) sold to the photographer (main source of revenue) – Design of printed products and we
Slide 75: Canvera
Canvera • Business model – Photographers pay to order printed albums or photographs – Additional sources of monetization possible • Micro site and ad revenues from photographer classifieds • Sales presence in 200+ cities • New launches – Every printed book can now be downloaded to a mobile devices u
Slide 76: Mydala
Need Help? Call us at O11-43444444 | am in Delhi NCR * BB invite Friends 0 Get py APP F Can (0) Login india's leeyewt discount coupon site Discover great deals & discounts in Delhi NCR Eg salon, gym. restaurant, tatoo, vicc, ®ipiart coupons, sale, andhert Deals Foodand Drinks | Seauty | HealmandFitn
Slide 77: Mydala
Mydala • A deals and couponing site – Large sales team which sources deals – Power deals on mobile (partner with telecom operators) • Evolving in to a merchant marketing platform on web and mobile – Majority revenues from mobile • Large addressable market 77
Slide 78: Mydala app
Mydala app Search Nearby Shop Top deals The Great Kebab Factory Pay Just Rs, 19 and get 25% off 7 175k+ offers fine dining affair with The Great +a 9 Gat extra 30% on 500mi bottle Angrezee Dhaba Vaakd 500 14 Enjoy 4 IMFL along with 1 veg or non veg platter at Rs 499. Enjoy 9 A Chicago Pizza Get extr
Slide 79: Happily unmarried
Happily unmarried Interns | Blog | Track Order wwii wg Cart Login Shop by = : ® category ~*~. e me | 7 7 ( i | | ( Store Locator | Contact Us Valentine Gifts Bar Apparel pM owe a Phone Covers iu Home Bags e P cHecrour > > UFO Hey Good looking! Thanks for hittin on us! f t PO Office Ww Gift Packs Sta
Slide 80: Happily Unmarried
Happily Unmarried • Designs and sells fun quirky products – With an Indian touch • Mainly offline sales as of now – Online scaling gradually 80
Slide 81: Financials (Standalone)
Financials (Standalone) 81
Slide 82: Consistent long-term growth in Revenue & Profitability
Consistent long-term growth in Revenue & Profitability Revenue Profitability INR Million INR Million 8000 3000 7000 764 2500 6000 1666 1339 432 985 465 5000 2000 714 395 4000 511 279 1500 2591 3000 2122 840 1939 1827 1817 1000 4450 1690 595 1681 3719 1474 1423 2000 3387 1325 1315 1260 3056 1227 1064
Slide 83: Team
Team 83
Slide 84: Management Team
Management Team Name and age Qualifications Designation/ Role Previously worked Year of with joining Sanjeev Bikhchandani, 51 BA Economics St. Stephens, PGDM Founder and Executive Vice Lintas, Glaxo Smith 1995 IIM-A Chairman Kline Hitesh Oberoi, 42 B Tech, IIT Delhi, PGDM, IIM-B Managing Director &
Slide 85: Management Team contd.
Management Team contd. Name and age Qualifications Designation/ Role Previously worked with Year of joining Nishant Pandey, 39 B Tech, IIT Delhi, MBA ISB SVP Product Development - Naukri Schlumberger 2008 Vivek Jain, 41 B Tech, IIT Delhi, PGDM IIM – B Chief Product Officer - Naukri & Head- Isoft, Ad
Slide 86: Internet in India
Internet in India 86
Slide 87: No. of internet users
No. of internet users • As per TRAI, Annual Report 2013-14 – 251.59 million as of 31.3.2014 (up 52.6%) – 164.81 million as of 31.3.2013 • Rapid growth expected (nos. in millions) 87
Slide 88: Banks that cover us
Banks that cover us Firm Analyst Phone Number E-mail Anand Rathi Mohit Jain +91.22.6626 6531 mohitjain@anandrathi.com Axis Capital Nivedan Reddy + 91.22.4325 2525 nivedan.reddy@axiscap.in B&K Securities Sushil Sharma +91.22.4031 7117 sushil.sharma@bksec.com Centrum Broking Ankit Kedia +91.22.4215 96
Slide 89: Investor relations contacts
Investor relations contacts Name Chintan Thakkar Sudhir Bhargava Designation CFO EVP - Corporate Finance e mail chintan.thakkar@naukri.com sudhir.bhargava@naukri.com Telephone +91 120 3082137 +91 120 3082006 Fax +91 120 3082095 Info Edge (India) Limited, B 8, Sector 132, Address Noida – 201 301, Utt