Published On: Friday, September 18, 2015 Views 8031 Born in 1963 – Sanjeev Bikhchandani is the Founder and now the Executive Chairman of Info Edge, one of the most dependable Internet Ventures in India and … Sanjeev got Info Edge along with the database. Sanjeev Bikhchandani is an Indian businessman, who is the founder and executive vice chairman of Info Edge which owns Naukri.com, a job portal,[1][2] as well as the co-founder of Ashoka University. 830. Founder and executive vice chairman of Nasdaq-listed Info Edge India Ltd Sanjeev Bikhchandani became an entrepreneur in 1996. The salary surveys which they were still doing helped them bare the expenses. He quickly called his brother, who was a professor at the UCLA business school, and explained that he wanted to start a website and wanted his help to hire a server, but didn’t have the capital for it and would pay him later. And at Indmark, they used to perform trade mark searches. This story is about Sanjeev Bikhchandani, an IIMA graduate. ET Online . [4][5], He attended St. Columba's School, Delhi and finished schooling from there in 1981. Now his partner had noticed that the trade mark registry in Bombay had a library that was open to public inspection, where you could see pending trade mark applications. Share Tweet. Update: 2018-08-30. Abc Small. 7 mins read. Sanjeev Bikhchandani’ s story is an inspiration to freshers and professional jobseekers alike. Share this on WhatsApp. SAVE; COMMENT; Sign in to read the full article You’ve got this Prime Story as a Free Gift. And in return, as a goodwill gesture, Sanjeev gave his brother a 5% stake in Naukri.com for paying $25 / month rent for the server. Stream Sanjeev Bikhchandani on Decoding IPO story: When, How and Where? But they already had the database ready, and didn’t know what to do with it. Hence, he asked the retailer, if he could setup a website for him or how to go about it. In October 1996, he happened to attend the annual event of IT Asia exhibition in Delhi, and came across one stall with ‘WWW’ written on it. But he knew what it would take to become an entrepreneur. 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. Sanjeev Bikhchandani, founder and executive vice-chairman, Info Edge, has also been at the forefront of setting up Ashoka University Image: Madhu Kapparath He was prepared for a snub. Hinduism is followed by him. He just had one clear agenda in mind. Bikhchandani came up from an economically “not-so-stable” family. Sanjeev Bikhchandani said that foreign funds are the new East India Company that are colonising successful start-ups in India. Share This Article . Life story of Naukri founder Sanjeev Bikhchandani- one of the Richest men in India. The government used to take 5 years to approve or reject a trademark application back then. Upon asking, he was explained that, it was the World Wide Web and that it was internet. “Sanjeev’s story is inspirational,” says MakeMyTrip Founder Deep Kalra. 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 company of Naukri.com. During his days at HMM, Sanjeev had noticed that his colleagues (and companies too) used to regularly flip through Business India, a leading business magazine of that time, to check out the 35 to 40 pages of appointment ads that the magazine displayed. Sanjeev Bikhchandani is an Indian businessman, who is the founder and executive vice chairman of which owns Naukri.com, a job portal, as well as the co-founder of Ashoka University.He was given the Padma Shri Award, the fourth Highest civilian award in India, in January 2020. media caption Sanjeev Bikhchandani, creator of Indian job site, naukri.com Outside Info Edge, Mr Bikhchandani is busy with Ashoka University, a not-for-profit venture co-founded by 10 entrepreneurs. He wasn’t sure! The important thing to remember is that behind most successful startups is an investor who believed in … [7], Sanjeev after his PG left a job marketing Horlicks at HMM (now known as GlaxoSmithKline) in 1990 to set up two companies Indmark and Info Edge along with a partner. “I was lucky to show my idea to Sanjeev Bikhchandani, founder of Naukri.com, who helps young entrepreneurs a lot, and get his feedback. No Trial Period. He had met her during his IIM days, she was a co-student. According to him, the first 10 years since he left the job was the most difficult phase. He completed his MBA from IIMA in 1989. In 2012, Naukri entered into the Mobile world and launched their first Mobile App for Smartphone users designed for Blackberry, Android and iPhone devices. You see, it is not easy for a man to put aside his ego and live on his wife’s salary. In this episode of Building it up with Bertelsmann, we delve into all this and more with Sanjeev Bikhchandani, the man behind India’s first dotcom IPO. Finally there are those who became entrepreneurs without even going to college or completing their school education – the best known story in India is of Dhirubhai Ambani. Naukri.com is an online job portal under Info Edge, which was also founded by this very person. He is the founder of Info Edge which runs famous platforms like Naukri.com which is India's leading job portal website. Jan 12, 2021, 10:39 AM IST. Sunday, 03 Jan, 5.38 am. Sanjeev Bikhchandani is a successful person and has been an entrepreneur since the year 1990. They tried a lot of ideas, but for some reason or the other, they did not work, and the database was filed and put aside. That is when he realised that people had no one source for job ads. So following the plan, after completing his Bachelors of Arts with specialization in Economics, he joined Lintas as an Accounts Executive in 1984. In 1991, The Department of Telecom had announced that it was looking for private information providers to launch a video text service. Internet entrepreneur Sanjeev Bikhchandani says an estimated Rs 17 lakh crore of market cap has been transferred abroad after young Indian startups were forced to shift their company domicile overseas by foreign investors promising the funds they need for growth. He attended St. Columba's School, Delhi and finished schooling from there in 1981. This chapter describes about how the entrepreneur came up crossing many hurdles in life. “Special Investigation” claimed by Mail Today on a story that Indian Express wrote in April 2011 On Sunday morning I was woken up by an SMS from a close friend “Now we know who funds Kejriwal”. Success Entrepreneur Community Invites You To Celebrate Your Success, Share Your Wisdom & Tell Us About Your Journey, Chairperson and Managing Director of Biozone Research Technologies Pvt. 'Stay Hungry, Stay Foolish' is the story of 25 such IIM Ahmedabad graduates who chose the rough road of entrepreneurship. Sanjeev Bikhchandani’s may be our classic modern fable—a norm-defying childhood dream, a long and lone struggle, and then a leaping success. Sanjeev Bikhchandani is an Indian businessman, who is the founder and executive vice chairman of which owns Naukri.com, a job portal, as well as the co-founder of Ashoka University.He was given the Padma Shri Award, the fourth Highest civilian award in India, in January 2020. He was very lucky to have a wife like Surbhi, who took care of the household by working for Nestle, while he wasn’t working. [6] The first company specialized in pharmaceutical trademarks and the second produced salary The home town of this person is Delhi. Sanjeev takes us through the transactional and tangible aspects of the IPO journey, while also sharing how to make those tough choices of NSE or BSE vs. NASDAQ, growth vs. profitability and many others. Monthly ₹399. In an environment where funding comes fairly easy, IPO remains the gold standard of recognition for a company coming of age. His father was a government doctor and, his mother was a housewife. There after, he obtained a Bachelor of Arts degree in economics from St. Stephen's College, Delhi in 1984. In 2006, it became India’s first Dotcom Company to get listed on the Bombay & National Stock Exchanges in 2006. But because all the servers were US-based and websites could only be developed there back then, he couldn’t. Luckily, during the same time, journalists in India had also begun to write about Internet and were looking for Indian examples to talk about. In 1997, Bikhchandani set up Naukri.com, jobs portal on a server in the United States,[8] and later Quadrangle, an offline executive search business. Later in 1993, Sanjeev and his partner decide to part ways, and each partner kept one company, half the employees and assets. Sanjeev Bikhchandani was apprehensive of 'Ashoka' University", "Anand Mahindra, Venu Srinivasan to be honoured with Padma Bhushan; Naukri.com founder to get Padma Shri", "Sanjeev Bikhchandani traces his journey from dreamer to achiever", "Info Edge's Sanjeev Bikhchandani shares his slip-ups on the path to success", "How billionaire debutant Sanjeev Bikhchandani built himself a fortune", "Strategic Growth Forum India - Speaker - Sanjeev Bikhchandani", https://en.wikipedia.org/w/index.php?title=Sanjeev_Bikhchandani&oldid=997777281, Indian Institute of Management Ahmedabad alumni, Recipients of the Padma Shri in trade and industry, Articles with short description added by PearBOT 5, All Wikipedia articles written in Indian English, Wikipedia articles with possible conflicts of interest from October 2016, Articles with topics of unclear notability from March 2013, All articles with topics of unclear notability, Biography articles with topics of unclear notability, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License, This page was last edited on 2 January 2021, at 05:02. 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