Info Edge's Naukri rolls out AI tools with 4,000+ clients, 10% paid conversion
The ₹150 crore AI budget for FY27 is a fraction of the ₹67,000 crore market cap. The real value driver remains the startup portfolio, not AI yet.
— 5 earlier stories on Info Edge (India) Ltd. →What's new
- Naukri launched AI products AI-Rex, Talent Pulse, and PremiumX for recruiters and jobseekers.
- AI-Rex is live with 4,000+ enterprise clients; 10% converted to paid.
- Info Edge spent ₹70 cr on AI in FY26, plans to increase to ₹150 cr in FY27.
Why this matters
Info Edge is betting AI will create new revenue streams beyond listings, but at ₹70 cr spend against a ~₹67,000 cr market cap, the financial impact is minimal. The 10% paid conversion is promising but unquantified. For a firm with an 8.4x return on its startup portfolio, this is a side bet.
What we're watching
- Whether AI-Rex paid conversion accelerates in FY27 as the AI budget doubles.
- If the ₹150 cr AI investment translates into disclosed revenue from new streams.
- How the startup portfolio continues to drive value given its outsized returns.
The full read
Naukri has put AI into the hands of 4,000+ clients, with 10% already paying. That's a start. But the ₹70 crore AI spend last year is a sliver of the company's ₹67,000 crore market cap and ₹869 crore quarterly revenue. The planned ₹150 crore for FY27 is still small change. The bigger story at Info Edge has always been the startup portfolio, valued at ₹41,300 crore with an 8.4x return on deployed capital. AI may one day matter, but today it's a sideshow.
Questions answered
- What new AI products did Naukri launch?
- Naukri launched AI-Rex, an agentic AI tool for recruiters; Talent Pulse for analytics; PremiumX for premium features; and jobseeker tools for resume building and mock interviews.
- How much is Info Edge spending on AI?
- Info Edge spent ₹70 crore on AI in FY26 and plans to raise that to ₹150 crore in FY27.
- How many clients use AI-Rex and how many pay?
- AI-Rex is live with over 4,000 enterprise customers and recruitment firms. More than 10% have converted to paid clients.
- Is the AI spend material to Info Edge's financials?
- Not yet. The ₹70 crore FY26 spend is about 2% of estimated annual revenue, and no specific AI revenue has been disclosed. The market cap is around ₹67,000 crore.
Info Edge (India) Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on NAUKRI →- 6 Jul 2026 · 9:12 AM IST Info Edge's Naukri rolls out AI tools with 4,000+ clients, 10% paid conversion
- 14d ago Info Edge's ₹41,300 cr startup stash: 8.4x on deployed capital
- 45d ago Info Edge hits speed bumps in recruitment and real estate
- 45d ago Info Edge operating profit jumps 39% on a 17% revenue gain
- 45d ago Info Edge Q4 profit jumps 39%, but the market already knew that