Notes from CNBC interview Hitesh Oberoi Discusses Info Edge’s Q2FY23 Results & Outlook | Bazaar Corporate Radar | CNBC-TV18 – YouTube
- IT hiring is and will see less growth going forward as companies had over-hired to an extent.
- Non-IT hiring is on boom post covid as the economy opened up. Now at 35-40% of total Naukri revenue.
- Jeevansaathi revenue had a massive decline due to the ad-free model. Negative EBIDTA right now. Invested in a new dating app.
- 99acres doing decent right now. Didn’t share numbers.
- For venture investments obtaining small ticket series funding has no impact as of now in the VC landscape.
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