Info Edge, Naukri.com parent company, upgrades its tech

July 23, 2019
Share this Post: 

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.

Read more here.

Join us November 12-15 for the Property Portal Watch Conference Madrid 2019.

Property Portal Watch Madrid Conference 2019 November 13-15

July 23, 2019

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Adevinta Ebay Final
Timeline of The Adevinta - eBay Classifieds Deal

On Friday, Adevinta announced that its deal to acquire eBay's Classifieds division is finally complete. It's been almost a year...

Read More
Best And Worst June
The Best (and Worst) Portal Content From Around the World: June

Here we go again with another lighthearted look at the content being produced, endorsed or syndicated by property portal companies...

Read More
Rea Pg Deepdive
The REA Group - PropertyGuru Deal: An Online Marketplaces Deep Dive

The news that PropertyGuru has reached an agreement with REA Group to acquire the Australian portal giant’s assets in Malaysia...

Read More
Nyc Portal Wars 1
Battle Lines Drawn in New York Portal Wars as CoStar Circles around Zillow Dominated Market

For a while now it has been no secret that the American commercial real estate giant CoStar is coming for...

Read More

Popular News