After nearly 27 years at Info Edge, Hitesh Oberoi will step down from his full-time executive role in December 2026. Founder Sanjeev Bikhchandani is set to take over as Managing Director and Group CEO, subject to shareholder approval. Investors are closely watching how this leadership transition will shape the company’s next phase of growth.
Hitesh Oberoi, Managing Director and CEO of Info Edge, will step down from his full-time executive role on December 2, 2026, concluding a tenure of nearly 27 years with the company—including over 16 years as Managing Director. Info Edge, the parent company of Naukri.com, announced this leadership transition alongside its financial results for the second quarter of the 2027 fiscal year.
Sanjeev Bikhchandani, founder of Info Edge, is set to assume the roles of Executive Vice Chairman, Managing Director, and Group CEO, effective December 3, 2026—a move subject to shareholder approval. This appointment marks Bikhchandani’s return to an active management position, following his previous tenure as Executive Vice Chairman. According to regulatory filings, his term will extend until April 26, 2031.
Oberoi will maintain his ties to the company; pending shareholder approval, he will transition to the role of a non-executive, non-independent director on the Board. Info Edge stated that Oberoi chose to step down from his full-time executive duties to dedicate more time to education, entrepreneurship, institution-building, investments, and philanthropy, as well as to spend more time with his family.
In a statement, Oberoi noted that after nearly 27 years with the firm, he felt it was the right time to step back from full-time operational responsibilities. He added that he would miss the colleagues and teams who made his time at the company so special. Bikhchandani remarked that the two have worked together to build Info Edge for the past 27 years.
Oberoi’s tenure spans the majority of Info Edge’s growth trajectory. According to a report citing company documents, the firm’s market capitalization grew from 25 billion rupees to 800 billion rupees during his time in leadership. In 2010, Bikhchandani transitioned to the role of Executive Vice Chairman, at which point Oberoi assumed the positions of CEO and Managing Director. The company stated that it possesses a robust institutional foundation, bolstered by a senior leadership team with over 20 years of experience at Info Edge.
Investors will be closely monitoring the impact of this leadership transition on Info Edge’s core recruitment business and its overall strategy. Previously, Chief Financial Officer Chintan Thakkar stepped down in November 2025, with co-founder Ambarish Raghuvanshi stepping in to serve as interim Chief Financial Officer.