Info Edge came to fruition in some of the earliest days of India's internet back in 1197, and today boasts a successful fleet of startups: Naukri.com, JeevanSathi.com, 99acres.com, and Shiksha.com.
Unsurprisingly, in the last 22 years, its Naukri platform has accumulated a vast amount of data - 60 million resumes and over 75,000 customers. Now, the company is looking to capitalise on this rich data bank by using artificial intelligence (AI), machine learning (ML), and big data to present an improved user experience. It is also looking to integrate its various platforms and offer new products to provide 360-degree solutions to the customer.
Speaking to YourStory, Hitesh Oberoi, MD and CEO of Info Edge, says,
“As an organisation, we have become more data-driven to improve the experience for both employers and job seekers. The number one pain point for an employer is getting a lot of spam after posting a job and, similarly, for the job seeker, it is getting flooded with job alerts that are not relevant. Through AI and ML, which we are investing in majorly, we are now able to match jobs with resumes better than ever.”
Earlier, the company would outsource AI and ML jobs, but it has now started to invest in-house. “A whole bunch of doctorates in the subjects” have been brought on-board to solve the jobs matching problem and provide a faster, more efficient user experience on both sides of the spectrum. At present, there are about 100 people within the company working on ML, AI, and big data, including a dedicated data science team of 35. The product development team is 500-member strong and the total staff count for the group stands at 4,200.
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