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In a significant development for India’s tech and digital services sector, Info Edge (India) Ltd has announced a major leadership transition. Chintan Thakkar, the company’s Whole-Time Director and Chief Financial Officer, has tendered his resignation. The company has appointed Ambarish Raghuvanshi as Interim CFO, effective November 20, 2025. This move marks a pivotal moment for one of India’s most influential internet-based enterprises, known for platforms like Naukri.com, Jeevansathi.com, and 99acres.com.
Key highlights of the announcement
1. Chintan Thakkar will officially step down from his role on or before the close of business hours on November 19, 2025
2. Ambarish Raghuvanshi, a seasoned finance professional and former CFO of Info Edge, will take over as Interim CFO starting November 20, 2025
3. The company made this announcement in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements
Background and tenure of Chintan Thakkar
- Joined Info Edge in 2014 and played a critical role in steering the company’s financial strategy, investor relations, and compliance frameworks
- Oversaw expansion of Info Edge’s investment portfolio, including strategic stakes in Zomato, Policybazaar, and other startups
- Navigated the company through the pandemic years, ensuring financial stability and operational continuity
- Resignation attributed to personal reasons, with no performance-related concerns indicated
Return of Ambarish Raghuvanshi
- Previously served as CFO of Info Edge until 2014 and was a key figure in the company’s IPO journey and early growth phase
- His return is seen as a stabilizing move, given his deep familiarity with the company’s business model, culture, and investor expectations
- Expected to oversee financial operations during the transition period while the company initiates a search for a permanent CFO
Implications for stakeholders
- Leadership change signals continuity rather than disruption
- Raghuvanshi’s interim appointment likely to reassure markets and investors
- Analysts expect minimal impact on Info Edge’s financial performance in the short term
- Reflects Info Edge’s commitment to governance and succession planning
Industry context and strategic outlook
- Info Edge remains one of India’s most diversified internet companies, with interests spanning recruitment, matrimony, real estate, and education
- CFO transition comes as the company explores new investment avenues and expands its AI-driven recruitment and analytics platforms
- Leadership agility and financial stewardship will be crucial for maintaining competitive edge
Looking ahead
- No timeline announced for appointing a permanent CFO, but search expected to prioritize candidates with experience in tech-driven finance, M&A, and global investor relations
- Raghuvanshi’s interim role may extend beyond initial months if deemed strategically beneficial
- Stakeholders will be watching closely for updates during the company’s next quarterly earnings call
Sources: Capital Market News, Rediff MoneyWiz
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