Moneycontrol
Masterclass Ideas For A New India

The Art of the Internet IPO

19th March, 2021 05:00 pm

Meet Our Speakers

Sanjeev Bikhchandani

Sanjeev Bikhchandani

Founder and Executive Vice Chairman of Info Edge

Sanjeev is the founder of Info Edge India Ltd. the company that owns India’s leading job site - Naukri.com. Starting off in 1997 with a seed capital of just two thousand rupees, the company has grown exponentially. Info Edge listed on the BSE back in 2006, and is now is now worth over $10 billion. Over the past 25 years, Sanjeev has pioneered some of the most iconic internet brands in India like 99acres.com, Jeevansathi.com and Shiksha.com. Sanjeev has also been an early stage investor in several promising start-ups including Zomato and Policybazaar.com. In 2020, Sanjeev was conferred with the prestigious Padma Shri Award by the Indian government. Sanjeev is active in various industry fora like The Indus Entrepreneurs, All India Management Association & NASSCOM. A distinguished alumnus of IIM Ahmedabad, he also a founding trustee of the Ashoka University.

Deep Kalra

Deep Kalra

Founder & Group Executive Chairman, MakeMyTrip

Deep is the Founder & Group Executive Chairman of India's leading online travel company, MakeMyTrip Limited. He has steered MakeMyTrip as CEO since inception in 2000, to a successful listing on NASDAQ in 2010. A passionate believer in sustainable tourism, Deep is co-chair of CII's National Committee on Tourism and Hospitality. He is a founding member of Ashoka University and IndiaTech.Org, an industry body representing Indian digital companies. A believer in citizens effort, he has also helped set up an NGO called ‘I am Gurgaon’ and serves on the Board of Gurgaon's Development Authority. Deep holds an MBA degree from IIM, Ahmedabad and is also an alumnus of St. Stephen’s College, Delhi.

What To Expect

The Indian Internet IPO rush will give retail investors their first taste of the new economy as unicorns such as Zomato, Policybazaar, Nykaa and Delhivery firm up plans for a public listing. These IPOs will be the indicators of how successful India's booming startup economy is. Their success could lead to more capital inflows into private markets.

In the third episode of Moneycontrol Masterclass, we feature two of India's most respected Internet entrepreneurs - Info Edge's Sanjeev Bikhchandani and MakeMyTrip's Deep Kalra. They founded Internet companies in an era that was starkly different. Yet, they have managed to grow, scale and successfully list their companies in both India and the US. Watch Bikhchandani and Kalra unpack crucial lessons on building and running a publicly listed Internet company.

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