Info Edge (India) Limited
ICICI Prudential Mutual Fund decreased its stake in Info Edge (India) Limited from 6.15% to 4.22%, selling 1,25,30,472 shares.
A leading online classifieds platform in India, the company operates multiple digital brands serving different markets and user needs. Through naukri.com for job seekers and employers, 99acres.com for real estate transactions, jeevansathi.com for matrimonial services, and shiksha.com for education information, it connects millions of users. The company also functions as an active investor in online startups, building a diversified portfolio across the digital ecosystem.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.