99acres.com is India’s No. 1 Real Estate Portal. It is part of Info Edge India (Ltd), India’s leading internet company with strong brands like Naukri.com, Jeevansathi.com & Shiksha.com. Having revolutionized the online classified space, today Info Edge has a market capitalization of over Rs. 95 billion, an employee base of 3800 associates with presence in 41 cities in India and Middle East, and we’re geared to grow much bigger. Our financial track record shows a strong upward trend – Net Sales in FY 13-14 were Rs. 5051 Million with CAGR of 21.4% for the last 5 year period. After a successful launch of our QIP in September 2014, raising Rs. 750 Crore, Info Edge is aggressively investing in 99acres.com with focus on both products and services.
As the largest online real estate market place, 99acres helps builders, brokers and interested sellers/buyers connect online with a view to entering into a transaction.
In an intensely competitive market 99acres continues to enjoy leadership with 31% traffic share, and is focused to extend its leadership through regular product innovation and enhanced consumer offering. Financially, we have been consistently performing well, witnessing a CAGR of 58% on our annual revenues, and continue to invest in technology and innovation to stay ahead of competition. Our mobile apps on Android and iOS, map-based search and verified listings were some of the new innovations introduced recently.