Insurance aggregator startup Policybazaar, which also counts Temasek, Sanjeev Bikhchandani's Info Edge, Tencent, others, is looking for an IPO this year at a valuation upwards of $3.5 billion in September while the size of the offering will be around $500 million, Bloomberg had reported. Sanjeev Bikhchandani is an Indian businessman, who is the founder and executive vice chairman of Info Edge which owns Naukri.com, a job portal, as well as the co-founder of Ashoka University. Oct 12. Sanjeev Bikhchandani, cofounder of internet company Info Edge (India), debuts on the list with a $2.1 billion fortune thanks to a nearly 70% stock surge over the past year. CNBC Getting kicked off Amazon…, Without giving anything away, the premiere must account for the sudden absence…, Rams quarterback Jared Goff will start Saturday against the Packers despite undergoing thumb surgery on Dec. 28. Apart from SoftBank, other investors in the company included The Baupost Group, Farallon Capital Management, G Squared, and more. Age: 42 Years Wife: Surabhi Bikhchandani Sanjeev and Surabhi live in New Delhi withdaughter Tanvi and son Raghav 6. He is on the Board of Directors at Info Edge India Ltd., Naukri Internet Services Pvt Ltd., Allcheckdeals India Pvt Ltd., Canvera Digital Technologies Pvt Ltd., International Foundation for Research & Education, JeevanSathi Internet Services Pvt. Also read: Bitcoin bull run continues as price soars nearly 4X in 3 months; market cap crosses $730B mark. The IPO is expected in the first half of 2021, Reuters said reporting the development. ... Prev Previous Sanjeev Bikhchandani invests in cleantech startup Proklean. India needs a 1,000 more Ashoka universities, Naukri.com Founder Sanjeev Bikhchandani tells Anjuli Bhargava. Mumbai | Bengaluru: Union ministers Ravi Shankar Prasad and Piyush Goyal will be the guests of honour on Thursday as the best and the brightest of India’s startup ecosystem gather to virtually felicitate the winners of The Economic Times Startup Awards 2020. I'm a former Broadway actress who makes over $8,000 a month running a digital marketing company. Berlin-based online used car platform Auto1 Group GmbH is planning to raise $1.2 billion in new funding round that might value the SoftBank-backed company at more than $6 billion. Recently named one of the recipients of the Padma Shri award, Sanjeev Bikhchandani is the Co-Founder and Vice Chairman of Info Edge, the parent … Rams quarterback Jared Goff will start Saturday against the Packers despite undergoing…, PHILADELPHIA, PA – DECEMBER 13: Head coach Doug Pederson of the Philadelphia…, The Houston Rockets passed their first test without former NBA MVP James…, Anaheim Ducks By Elliott Teaford Sudarshan Maharaj first felt the warm, welcoming…, The Warriors have accused the hosts of turning to the dark arts…, Sir Keir Starmer has set out his “optimistic” vision for a wide-ranging…, Some of West Ham’s players did not adhere to the Premier League…, Andy Jassy, CEO of Amazon Web Services. He is the co-founder and managing director of Tally Solutions.In 2020, he received the Padma Shri honour from the Government of India for his contribution in the field of trade and industry.. Life. Sanjeev Bikhchandani on what startups expect from Budget 2021 For his Budget 2021 Wishlist, Sanjeev Bikhchandani, Co-Founder, Info Edge talks about his expectations for the startup sector. Even Trump wasn’t interested. Sanjeev Bikhchandani, cofounder of Info Edge (India), which owns popular job and property websites; siblings Nithin and Nikhil Kamath, co-founders of discount stock brokerage Zerodha Broking; and three specialty chemicals producers: Vinod Saraf, founder of Vinati Organics, Arun Bharat Ram, the patriarch of SRF, and brothers Chandrakant and Rajendra Gogri of Aarti Industries are some … Didi is also looking to raise a new round of funding ahead of the IPO to boost its valuation even as the company had said that it doesn't have any "definitive" IPO plan. How Will We Dine and Uber within the Publish-Pandemic Metropolis? South Korea's e-commerce market size is likely to reach $80.8 billion in 2021 and grow at an annual CAGR of 5.2 per cent between 2021-25 that is expected to have a market volume of $99.2 billion by 2025, as per Statista. , said Deep Nishar, MD at Softbank, at a Fireside chat with Sanjeev Bikhchandani, Founder and VC of InfoEdge, at the TiE Global Summit. Others businessmen to join the Padma Shri list of honour were industrialist Bharat Goenka, technocrat Nemnath Jain, and Fairfax Financial Holdings fou.. SoftBank’s Masayoshi Son was efficiently in a position to silence his critics in 2020 after recovering from WeWork’s failed IPO fiasco with round $10 billion . Switch to the dark mode that's kinder on your eyes at night time. SoftBank’s Masayoshi Son was successfully able to silence his critics in 2020 after recovering from WeWork’s failed IPO fiasco with around $10 billion profit Here’s what we know, Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article, Travel before March 21 & save 20% on your next booking, Bitcoin bull run continues as price soars nearly 4X in 3 months; market cap crosses $730B mark. Photographer: Kiyoshi Ota/BloombergSoftBank’s Masayoshi Son was efficiently i. 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Evaluate: An Costly Starter E-Bike. Sanjeev Bikhchandani, cofounder of internet company Info Edge (India), debuts on the list with a $2.1 billion fortune thanks to a nearly 70% stock surge over the past year. Much like South Korea's e-commerce giant Coupang, Indonesia's own Tokopedia is also lining up for a 2021 IPO worth nearly $1 billion as it plans a dual listing in its home country as well as the US. 73. 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Insurance aggregator startup Policybazaar is looking for an IPO this year. Founded by Sanjeev Bikhchandani in 1995, Info Edge (India) is the low-key parent of famous offspring such as job site Naukri, matrimonial portal Jeevansathi, education website Shiksha, and real estate listings portal 99acres. Permanent Black @PermanentBlack. Owner of popular short video app TikTok, which was banned in India last year, ByteDance was in talks with multiple investors including Sequoia to raise $2 billion at a valuation of whopping $180 billion before it could begin with the listing of some of its biggest assets Douyin, the Chinese version of TikTok, and news app Toutiao in Hong Kong. Dear Diljeet and Deepak, SoftBank had led the $500 million funding in Didi Chuxing in May last year even as it had earlier backed Uber and Ola. This man's mission is a university. Indian internet pioneer Sanjeev Bikhchandani draws his wealth from listed Info Edge (India). 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