Sanjeev Bikchandani’s story stands as a testament to the unwavering spirit of entrepreneurship. From starting in his father’s garage with a used computer to helming a Rs 50,000-crore enterprise, his journey is nothing short of inspirational.
A Foundation in Corporate and a Life Partner
After graduating from the esteemed IIM Ahmedabad, Sanjeev ventured into the corporate world with a coveted position at GlaxoSmithKline. During his academic years, he met Surbhi, a bond that culminated in marriage. Surbhi too, with her professional commitments, proved her mettle in the corporate sphere.
A Leap of Faith in 1990
Sanjeev felt the entrepreneurial pull in 1990. With Surbhi’s unwavering support, both emotionally and financially, he took the plunge. She became the financial pillar, covering household expenses, allowing Sanjeev the freedom to chase his dreams.
The Humble Beginnings: Info Edge (India)
With resourcefulness and a vision, Sanjeev initiated Info Edge in his father’s garage, equipped with a second-hand computer and old family furniture. It was the very definition of a bootstrap startup.
The Years of Silent Hustle
While he was laying the foundation for what was to come, success wasn’t immediate. For years, the venture didn’t generate any income.
Weathering Criticism and Doubts
Many perceived Sanjeev’s venture as futile. Friends and family saw him as a man squandering time, with some even jesting about him relying on his wife’s income. Yet, the couple remained unfazed.
Turning Point: Naukri.com
Seven years of perseverance bore fruit when Sanjeev and Surbhi launched Naukri.com, a job portal that would become synonymous with job searches in India.
Expanding the Digital Empire
Following the success of Naukri.com, the duo didn’t rest on their laurels. They expanded their digital portfolio with platforms like jeevasathi.com, 99acres.com, and shiksha.com, catering to diverse needs of the Indian populace.
A Corporate Juggernaut
Today, Info Edge India’s market cap stands at a staggering Rs 57,500 crore. Sanjeev Bikchandani’s personal wealth, as reported by Forbes, surpasses 2.3 billion dollars, or roughly Rs 19,000 crore.
Sanjeev Bikchandani’s odyssey underscores that with grit, support, and a clear vision, even the most humble beginnings can lead to monumental success. His tale reminds us that dreams, when chased with tenacity, can transcend any challenge.