Now Reading: Info Edge CEO Hitesh Oberoi steps down, Bikhchandani to take over
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Info Edge CEO Hitesh Oberoi steps down, Bikhchandani to take over
The Story in Brief
Hitesh Oberoi will step down as Managing Director and Group CEO of Info Edge on 2 December 2026, after nearly 27 years with the company. Founder Sanjeev Bikhchandani will take over as Executive Vice Chairman, Managing Director and Group CEO from 3 December, subject to shareholder approval. Oberoi will remain on the board as a non-executive, non-independent director.
Oberoi, who served as CEO for over 16 years, said he wants to devote more time to higher education, entrepreneurship, investing, philanthropy and his family. Bikhchandani’s new term runs until 26 April 2031. The company’s market capitalisation grew from about Rs 2,500 crore to nearly Rs 80,000 crore during Oberoi’s tenure. Info Edge reported a 12.9% year-on-year revenue rise to Rs 842 crore in the September quarter, while net profit fell 92.9% to Rs 333.8 crore on a year-ago exceptional gain.
Indian Opinion Analysis
Entrackr, CNBC-TV18 and Livemint all report the same set of facts: Hitesh Oberoi steps down on 2 December, founder Sanjeev Bikhchandani takes over from 3 December subject to shareholder approval, and Oberoi cites a desire for more time with education, philanthropy, investing and family. The coverage is uniform straight reporting with no discernible slant. The three outlets differ only in supplementary detail: Livemint adds a biography of Bikhchandani, CNBC-TV18 includes the quarterly revenue and profit figures, and Entrackr names the specific businesses Oberoi helped strengthen. All end on the pending shareholder approval needed for the transition.
Coverage: 3 sources, 3 neutral
Sources (3): entrackr.com (neutral report), cnbctv18.com (neutral report), livemint.com (neutral report)
This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Methodology and corrections.
Update, 28 October 2026: this story now draws on 3 sources.
