From a Small Room to a Billion-Dollar Empire: The Success Story of Sanjeev Bikchandani
From a Small Room to a Billion-Dollar Empire: The Success Story of Sanjeev Bikchandani
Success often requires taking risks, and Sanjeev Bikchandani exemplifies this principle. Today, he is the owner of Info Edge, a company valued at over Rs 50,000 crores, which operates prominent websites like Naukri.com and Jeevansathi.com. Sanjeev’s journey from a secure job to building a business empire is a testament to his determination and vision.
Early Life and Education
Sanjeev Bikchandani completed his education at the prestigious Indian Institute of Management, Ahmedabad (IIM-A). After graduating, he secured a job with GlaxoSmithKline in 1989. However, his entrepreneurial spirit soon led him to leave his well-paying job and pursue his dream of starting a business.
The Beginning of Info Edge
In 1990, Sanjeev made the bold decision to start his own company. With limited resources, he began Info Edge (India) in his father’s garage, using a second-hand computer and old furniture. This period was financially challenging, but his wife, Surabhi, who also studied at IIM-A, supported him both emotionally and financially. Her salary covered the household expenses, allowing Sanjeev to focus entirely on his new venture.
The Growth of Info Edge
Info Edge initially struggled, but perseverance paid off. The company eventually launched several successful portals, including Naukri.com for job searches, Jeevansathi.com for matrimony, 99acres.com for real estate, and Shiksha.com for education. Info Edge also invested in other successful ventures such as the online food delivery service Zomato and the insurance marketplace Policybazaar, both of which went public in 2021.
Achieving a Market Milestone
Today, Info Edge’s market capitalization stands at Rs 57,500 crore. According to Forbes, Sanjeev Bikchandani’s personal wealth exceeds $2.3 billion (approximately Rs 19,000 crore). His story is not just one of financial success but also of inspiring entrepreneurial spirit and resilience.
Sanjeev Bikchandani’s journey from a modest beginning to leading a multi-billion dollar company is a powerful reminder that with vision, hard work, and support, extraordinary success is achievable. His story encourages aspiring entrepreneurs to take calculated risks and pursue their dreams with unwavering dedication.
