Info Edge India Ltd. · NSE:NAUKRI
Info Edge India — Investor Presentation (February 2018)
89 slides from Info Edge India's investor presentation, February 2018
Slide 1: Info Edge (India) Limited
Info Edge (India) Limited India’s internet classifieds company February, 2018 1
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Info Edge (India) Limited (the “Company”) solely for information purposes without any regard to any specific objectives, financial situations or information needs of any particular person. This presentation and its contents are confidential and shoul
Slide 3: Our internal businesses
Our internal businesses Dominant market leader India’s leading real estate site Number 3 but fastest growing India’s leading education listings site Job site focused on the Gulf market Executive search 3
Slide 4: Strategic investments
Strategic investments# India’s leading restaurant ratings and India’s leading insurance review site comparison site Shareholding ~45%*@ Shareholding ~10%*^ (Ustraa) Supplementary online learning platform Men’s grooming range (Ustraa) and for K12 and Entrance Exams women’s range (Happily Unmarried) S
Slide 5: Financial performance track record
Financial performance track record Revenue and Operating EBITDA margin for the standalone entity, 2007 – 2017 900 60% 53.7% 56.1% 53.5% 800 51.0% 50.5% 49.0% 45.3% 50% 700 43.6% 41.5% 41.1% 600 38% 40% 35.7% 33% 34% 33% 32% 500 29% 29% 30% 26% 27% 30% 400 21% 2397 2241 2152 300 20% 802 1326 718 824
Slide 6: Strong balance sheet, negative working capital and negligible leverage
Strong balance sheet, negative working capital and negligible leverage Assets – 57% Cash 5% 3% 2% Cash & Liquid Investments Strategic Investments Cash and equivalents Net Fixed Assets Rs 1458 High margins 33% Crore and operating Non Current Assets leverage 57% Current Assets Negative WC Capital Cycl
Slide 7: Corporate Governance
Corporate Governance Independent Directors are a majority on the Board Separation of Chairman and CEO role Non Executive Chairman Statutory Audit performed by EY Internal Audit performed by an external firm Audit committee comprises of only Independent Directors Disclosure of quarterly
Slide 8: Board of Directors
Board of Directors Whole time Non Executive Independent Saurabh Srivastava (71) Arun Duggal (71) Sanjeev Bikhchandani (54) Kapil Kapoor (53) Independent Director Independent Director Founder and Executive Vice Chairman & Non Executive B.Tech IIT Kanpur, B.Tech IIT Delhi, PGDM IIM-A Chairman Director
Slide 9: Nationwide sales/customer interface infrastructure
Nationwide sales/customer interface infrastructure Info Edge sales offices illustrative map Chandigarh Key Observations Delhi NCR (Noida, Gurgaon) Jaipur Nation wide coverage Lucknow through 72 company branch Kolkata Ahmedabad Nasik Indore Bhopal Raipur offices in 46 cities in India Mumbai Auranga
Slide 10: Founding management group holding ~41% shareholding
Founding management group holding ~41% shareholding and ~48% is with Institutional Investors (as of Dec 31, 2017) HDFC Mutual Fund 3.59% ESoP Trust, Individuals Amansa Holdings 3.21% 0.06% and others, Ward Ferry Asian Fund 3.24% Bodies 10.54% Nalanda India Equity Fund 3.17% Matthews 2.95% Corporate,
Slide 11: Naukri
infoedge Cnaukri.com inala’s ser Jon Site More Login IIT/AIM Jobs Register with us Get best matched Jobs on your Email or No Registration needed CREATE JOB ALERT BEST EMP" Top Employers virtusa | POLARIS All Sectors Information Technology Manufacturing Services LT | Information Technology ChipDsg/Se
Slide 12: Key business metrics for Naukri
Key business metrics for Naukri • During or end of, Q3 FY 17-18 – 72% traffic share* in December, 2017 (Source : SimilarWeb) – 455,000 avg. job listings on a given day – ~5.6 Crore resumes – 14,600 avg. resumes added daily – 294,000+ resumes modified daily – 800,000 to 970,000 resume searches daily
Slide 13: Naukri has dominant traffic share
Naukri has dominant traffic share Traffic from desktops and laptops based on time spent 80% 70% 60% 50% 40% 30% 20% 10% 0% Naukri Monster India Timesjob Shine Source: SimilarWeb Above chart excludes Linkedin since much of the traffic may not pertain to jobs 13
Slide 14: Naukri has dominant traffic share
Naukri has dominant traffic share Traffic from mobile web based on time spent 80% 70% 60% 50% 40% 30% 20% 10% 0% Naukri Monster India Timesjob Shine Source: SimilarWeb Above chart excludes Linkedin since much of the traffic may not pertain to jobs 14
Slide 15: Naukri has dominant traffic share
Naukri has dominant traffic share Android App traffic share based on time spent 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Naukri TimesJobs Shine Monster Source: SimilarWeb Above chart excludes Linkedin since much of the traffic may not pertain to jobs 15
Slide 16: Naukri is a business of the virtuous circle
Naukri is a business of the virtuous circle Benefits • Naukri has over We get the 100% of industry most profits enabling clients We’ve got the greater investment in most jobs – Product innovation – Engineering We get – Brand support the most – Sales network response We get the most – Servicing back
Slide 17: Revenue sources
Revenue sources B2B revenues comprise 89% of overall Naukri revenue and includes: – Resume database access – Job listing (response management) – Employer branding (visibility) – Career site manager – Others - Resume short listing and screening, campus recruitment – Non recruitment advertising (othe
Slide 18: Breakup of revenue by product type and industry
Breakup of revenue by product type and industry in 12 months ending Dec 31 2017 RMS/CSM/Refe Services/ Others, 1.1% Assisted rral, 3.9% others, search, 4.3% 20.0% IT and ITES, 29.7% Branding, Manufacturin 7.3% g, 5.8% Job seeker BFSI, 5.2% services, Resume 10.8% database access, 60.2% Job listings,
Slide 19: Average Revenue per unique client growing with increasing number of clients
Average Revenue per unique client growing with increasing number of clients* Naukri India - Revenue per client and # of clients 80 71 80 57 65 48 51 60 46 60 35 42 40 40 61 66 68 53 56 57 20 41 45 20 0 0 FY10 FY11 FY12 FY13 FY14 FY15 FY16* FY17* Avg. realization in Rs '000 (LHS) # of unique clients
Slide 20: Product Innovation is the cornerstone of our strategy
Product Innovation is the cornerstone of our strategy • Recruitment Management • Friction free connectors to System1 other ATS • RMS Pro • Reviews • RMS Referral • Job aggregation Job & Recruitment • RMS Consultant Content Automation Aggregation Tools INNOVATIONS Data • NLP2 based content extraction
Slide 21: RMS – Empowering recruitment ecosystem
RMS – Empowering recruitment ecosystem Enterprises CHROs SMBs Recruiters Naukri Clients RMS Users QBOA QBO Pay Tax Hiring Consultants Managers Partners Candidates • The career site helps Naukri become part of a much larger ecosystem with thousands of connected corporate sites and RMS would help powe
Slide 22: Naukri RMS
intoedge Naukri RMS - ; RECRUITMENT RMS MANAGEMENT . SYSTEM EV©LVE TO A NEW AGE RECRUITMENT SOLUTION Automates hiring process, right from requisition to offer C RMS ENTERPRISE C RMS CONSULTANT C RMS REFERRAL
Slide 23: Recruiter profile
Recruiter profile Platform for public profiles of HR professionals and recruitment consultants Jobseekers can ‘FOLLOW’ Recruiter Updates Keep jobseekers informed of recruiter’s Active Jobs Help Build recruiter’s personal database Over 150,000 jobs have Recruiter Profile details, 50% of these jobs ha
Slide 24: Mobile - an important source of traffic
Mobile - an important source of traffic About 70% of the sessions in Q3 FY 17-18 (vs 63% sessions in Q3 FY 16-17) accessed from mobile Android app iOS app HTML5 site 35% of total Naukri 4% of total Naukri 31% of total Naukri sessions sessions sessions Trend since Q4FY16 80% 70% 60% 31% 50% 35% 32% 3
Slide 25: The App and HTML5 site
infoedge The App and HTMLS5 site "HOA OM. £176 ov 7393 Jobs Found ri Home Product Manager MODIFY | SAVE AS ALERT Product Manager Info Edge Keyskills, Designations, Companies Product Manager - Artificial Intelligence Profile Complete Domain Axcelovate Fi 3-8 Years Recruiter Visits Pending Actions Loc
Slide 26: Competition
Competition • Local job boards – Indeed.co.in – Monsterindia.com – Timesjobs.com – Shine.com • Linkedin – Caters to a different segment / requirement 26
Slide 27: Overseas peer comparison
Overseas peer comparison Name of the Approx. revenue No. of profiles/ No. of unique Approx. Market website from recruitment resumes in mn clients Cap of the (in USD mn) @ company (in USD bn )*** 51job.com* 353 103 460,000 4.21 (China) Seek.com^ 284 5.5 613,000 5.32 (Australia) Recruit# 3,660 - - 42.
Slide 28: 99acres
infoedge 99acres 99acres aiinon~ DOWNLOAD APP CUSTOMERSERVICE SELL RENTPROPERTY —HOMELOANS PROJECTS COMMERCIAL DEALERS All Residential ¥ Get personalized property - Theasr suggestions on a single tap Mobile Appies- Awards Winner 2015 neaLstaTE CATEGORY AVINAS! avinasn Oe NAYARI NEWCOUNTYL tars towe
Slide 29: Online real estate business - India
Online real estate business - India • Real estate is one of the largest spender on advertising in print media (~Rs 2000 Crore in FY 16-17) • Our estimate of spend on online real estate portals was about Rs 350 Crore in FY 16-17 (excluding Google and Facebook) • 99acres, a leader in this category – G
Slide 30: Time share of 99acres vs. competitors
Time share of 99acres vs. competitors Traffic from desktops and laptops based on time spent 60% 50% 40% 30% 20% 10% 0% 99acres Magicbricks Commonfloor Housing Source: SimilarWeb 30
Slide 31: Time share of 99acres vs. competitors
Time share of 99acres vs. competitors Traffic from mobile web based on time spent 60% 50% 40% 30% 20% 10% 0% 99acres Magicbricks Commonfloor Housing Source: SimilarWeb 31
Slide 32: Time share of 99acres vs. competitors
Time share of 99acres vs. competitors Android app traffic based on time spent 60% 50% 40% 30% 20% 10% 0% 99acres Magicbricks Commonfloor Housing Source: SimilarWeb 32
Slide 33: Status of competition
Status of competition • 99acres and Magicbricks are the two major players in online real estate classifieds business • Housing was taken over by Proptiger (an agency) and REA Group is one of the shareholders in the company • Indiahomes is currently dormant in the market • Commonfloor was taken over
Slide 34: 99acres business model
99acres business model Revenue Model Projects So we get Listings the most Featured listings clients We’ve got the Microsites most real estate Email campaigns listings Banner Ads Re-sale Listings So we get Featured listings the most response So we get Rental the most Listings tr
Slide 35: Key business metrics for 99acres
Key business metrics for 99acres • As of December 31, 2017 – Total projects 1.49 lakh* (under construction or ready to move in) – Total listings** 7.47 lakh (including 2.86 lakhs of owner listings) • Residential 6.31 lakh • Commercial 1.15 lakh *1 lakh = 100,000 **Typically, listings stay live for 2
Slide 36: Break-up of customers and billing
Break-up of customers and billing in 12 months ending Dec 31, 2017 No. of customers in ‘000 Billing breakup by customer type 4.3 48% 48% 15.7 BROKER BUILDER BROKER BUILDER 36
Slide 37: 99acres – strategy
99acres –strategy • Customer Service • Analytics • Project • Lead optimization comparisons • Monetization updates / payment Customer Data • New offerings plans Service Science Strategy Platform Data Quality • SEO • Mobile & HTML site • Verify listings • Personalization • Improve listing • Brand buil
Slide 38: 99acres – position in the classifieds market
99acres – position in the classifieds market • Leadership position maintained – we have maintained highest traffic share for 99acres for past several quarters – Increased investments in product aesthetics/data quality/marketing ensuring quality and innovation and customer retention • Listings growth
Slide 39: 99acres Quarterly Financials
99acres Quarterly Financials Revenue (and revenue growth) and EBITDA trend for 99acres (Rs Crore) 45% 32% 33% 31% 21% 13% 13% 16% 16% 13% 12% 8% 5% 6% 6% 40 32 33 34 30 31 31 25 28 26 28 26 28 30 23 25 23 20 33% 5% 16% 16% 8% 6% 13% 6% 31% 12% 13% 13% 45% 32% 21% 10 0 (10) 2 -10 (11) (5) (7) (8) (10
Slide 40: Mobile app – home screen, navigation and search page
Mobile app – home screen, navigation and search page 40
Slide 41: Mobile app - Property search results page, filter page, property detail page
Mobile app - Property search results page, filter page, property detail page 41
Slide 42: Mobile app – project search results, detail page and posting form
Mobile app – project search results page, project detail page and property posting form 42
Slide 43: Mobile - an important source of traffic
Mobile - an important source of traffic About 73% of the sessions in Q3 FY 17-18 (vs 59% of the sessions in Q3 FY 16-17) accessed from mobile Android app iOS app HTML5 site 28% of total 3% of total 42% of total 99acres sessions 99acres sessions 99acres sessions Trend since Q3FY16 80% 70% 60% 50% 42%
Slide 44: Jeevansathi
intoedge Jeevansathi BROWSE PROFILES BY v SEARCH » pee REGISTER FREE 44
Slide 45: Online matrimonial business - India
Online matrimonial business - India • Online spend by users estimated to be Rs 600-650 crore in FY 16-17 • Three main players – Bharat matrimony, Shaadi and Jeevansathi • Used primarily by – Those disconnected from mother communities – Youngsters wanting choice – Families for match-making • Fragment
Slide 46: Jeevansathi business model
Jeevansathi business model Website – Free to list – Free to search – Free to express interest – Free to accept others expression of interest – Pay to get contact details Offline centres (10 centres operational) – Walk in sales for matching services Franchise - walk in centers 46
Slide 47: Competition
Competition • Three main players – Bharat Matrimony is the leader, followed by Shaadi and then Jeevansathi • Bharat Matrimony dominates states in south India and non resident Indians from these states • Shaadi leads in Gujarat and Punjab and non resident Indians from these states • Jeevansathi leads
Slide 48: Mobile app
intoedge Mobile app 48
Slide 49: Jeevansathi quarterly financials
Jeevansathi quarterly financials1 Revenue (and revenue growth) and EBITDA trend for Jeevansathi (Rs Crore) 29% 31% 29% 21% 21% 22% 24% 16% 16% 18% 19% 13% 8% 9% 2% 20 18 18 17 14 14 14 15 15 13 10 11 11 12 10 9 10 10 29% 13% 16% 31% 29% 18% 21% 22% 24% 19% 8% 16% 21% 5 2% 9% 0 0 (1) -5 (2) (1) (2) (
Slide 50: Shiksha
Shiksha moses ENGINEERING ~ LAW + DESIGN + MORE COURSES ~ ‘STUDY ABROAD + COUNSELLING > EXAMS QUESTIONS “=” CAREERS Indus Business Academy ( IBA ), Bangalore (v Garden City University Birla Global University International Management SRM Institute Featured T. A. Pai Management Institute (TAPMI) Last
Slide 51: Shiksha – some approx. nos.
Shiksha – some approx. nos. So we get the most clients So we get the most traffic As of Oct, 2017 51
Slide 52: Educational classifieds business - India
Educational classifieds business - India • Education institutions / foreign universities are big spenders on marketing on print media • Online , School/College contact programs, Consultant commissions & fairs form bulk of remaining marketing spends by colleges and Universities • Growing number of on
Slide 53: Shiksha
Shiksha A website which helps students decide undergraduate and post graduate options, by providing useful information on careers, exams, colleges & courses 53
Slide 54: Shiksha business model
Shiksha business model • Branding & advertising solution for colleges & universities (UG, PG, post PG) – Both Indian and foreign entities advertise – Large number of Indian students go overseas for higher education • Estimated at ~125,000 + every year • Lead generation – Potential student/applicants
Slide 55: Authentic College Reviews
Authentic College Reviews 55
Slide 56: Q&A mobile app for expert advice
Q&A mobile app for expert advice 56 56
Slide 57: Campus representatives from colleges for credible advice
Campus representatives from colleges for credible advice 57
Slide 58: Home page for Overseas Education
Home page for Overseas Education 58
Slide 59: Comprehensive Scholarship information for study abroad
Comprehensive Scholarship information for study abroad 59
Slide 60: Mobile sites
Mobile sites India Study Abroad 60
Slide 61: Competition
Competition Domestic Study abroad • Print Media • Online • Online – HotCourses India/ IDP • Google – Studyportals • Pagalguy – Masterstudies • HTcampus – Top mba / Top universities • Minglebox (QS) • Careers360 – Collegeboard • MBA Universe – Yocket • CollegeDekho – Multiple Emerging start- • Colleg
Slide 62: Shiksha quarterly financials
Shiksha quarterly financials Revenue (and revenue growth) and EBITDA trend for Shiksha (Rs Crore) 37% 39% 43% 32% 28% 26% 20% 20% 14% 11% 7% 7% 10% 7% 3% 16 14 14 12 12 11 11 10 9 10 10 9 7 7 7 8 6 6 6 6 5 28% 43% 3% 20% 10% 20% 7% 32% 4 26% 11% 39% 7% 37% 14% 7% 2 0 3 1 1 1 1 2 -2 0 (0) (1) (1) -4
Slide 63: Investee companies
intoedge Investee companies
Slide 64: Portfolio status
Portfolio status As of Jan 20, 2018 Aggregate amount % Holding on fully Investee Company Website invested (Rs Crore) diluted basis* Active Zomato Media Pvt Ltd. www.zomato.com 484 45% Applect Learning Systems Pvt Ltd. www.meritnation.com **135 66% Etechaces Marketing and Consulting Pvt Ltd. www.poli
Slide 65: Investee companies financials
Investee companies financials Rs. Crore Investee Company Operating revenue Operating EBITDA FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16* FY17* Partly owned subsidiary Meritnation 10 20 22 29 36 (21) (29) (23) (42) (23) Canvera 30 44 54 56 49 (21) (33) (22) (33) (27) Associate Companies Zomato Polic
Slide 66: Zomato
Zomato © 2017 - Zomato Media Pvt. Ltd, and/or its subsidiaries. This material is confidential unless otherwise stated in writing 66
Slide 67: Zomato
Zomato • Zomato is the largest restaurant search & discovery platform globally with presence in 24 countries – Food ordering service is available in India, UAE and Lebanon and is growing strongly • Unique tech enabled, low cost feet-on-street model ensures exhaustive listings in a particular city an
Slide 68: Rich content ensures that users are able to discover restaurants
Rich content ensures that users are able to discover restaurants of their choice 68
Slide 69: Highly interactive platform ensures high user and restaurant engagement
Highly interactive platform ensures high user and restaurant engagement Bookmark Social Reviews Photos Menus Customized Advanced Feed & Ratings Collections Search Retrieval of Latest Description High Comprehen Trend-based, Multi- favorite updates and rating of quality sive and curated group dimensio
Slide 70: Food ordering at the click of a button
Food ordering at the click of a button helps users order-in with ease Pick your preferred Track your order payment method, status with real- Select your favorite and your food is on time notifications Choose from a list of dishes & beverages its way delivery restaurants nearby 70
Slide 71: Table Reservations platform ensures users never have to wait again
Table Reservations platform ensures users never have to wait again Get a confirmation message and your Enter your details booking is done Select date, time Pick your favorite place to and no. of guests dine out 71
Slide 72: PolicyBazaar
PolicyBazaar policy urance Hl + Motor insurance » Other Insurance + infoedge Yt & Y & Term Life Insurance Health Insurance Two Wheeler Travel Insurance Car Insurance Tax Saving Hj 4 x * 2 @ km ¥ : Child Plans Investment Retirement Plans Cancer Protection Critical Ullness Home Insurance Just for You
Slide 73: PolicyBazaar
PolicyBazaar • PolicyBazaar is India’s online price comparison site for insurance – Significant value add to individuals and Financial Institutions for policy related decision-making • A leader in its category – Captures an estimated 95% share of insurance comparison & 50% of online Insurance transa
Slide 74: Meritnation
infoedge Meritnation Mfneritnation i La o- a Wa ae Entrance Exams ClassXil Class Xi_««ClassX = Class IX Class Vill Class VIl._~—=s Class VI ClassV-— Class iV Classili' Class I Class | ONLINE “CUSS4:12- 2 ) fe 7 £9 ¢ Join now for FREE ~ ENTRANCE EXAMS inane Live classes with the best teachers Online
Slide 75: Meritnation
Meritnation • Supplementary online learning platform for K12 and Entrance Exams – Proprietary content – Freemium model – Direct to consumer • Provides free solutions mainly for – mathematics and science for K12 of popular national Indian curriculum’s viz. CBSE and ICSE and some State Boards – free s
Slide 76: Happily Unmarried
intoedge Happily Unmarried USTRAA GROOMING FOR MEN 76
Slide 77: Happily Unmarried
Happily Unmarried • Grooming range for men “Ustraa” • Focus on online sales • Have introduced a women’s range under brand name ‘Happily Unmarried’ • Received funding from Wipro Consumer during the quarter 77
Slide 78: Financials (Standalone)
intoedge Financials (Standalone)
Slide 79: Standalone Financials - Consistent growth in Revenue & Profitability
Standalone Financials - Consistent growth in Revenue & Profitability Revenue (Rs Crore) Profitability (Rs Crore) 1000 350 900 207 63 800 300 189 79 700 250 600 167 76 134 43 200 500 71 40 99 47 123 150 290 400 259 253 214 212 595 204 300 100 194 183 529 182 169 168 153 445 147 142 133 132 200 125 37
Slide 80: Segmental operating EBITDA
Segmental operating EBITDA Segmental Operating EBITDA (Rs Crore) 400 350 334 300 283 239 250 200 188 155 166 150 100 50 0 -5 -8 -11 -7 -12 -34 -50 -8 -50 -8 -7 -93 -16 -100 -150 FY12 FY13 FY14 FY15 FY16* FY17* Recruitment Real estate Other verticals * FY16 and FY17 in the charts above are IND-AS EBI
Slide 81: Team
intoedge Team 81
Slide 82: Management Team
Management Team Name Age Qualifications Designation/ Role Previously worked with Year of joining Sanjeev Bikhchandani 54 BA Economics St. Stephens, PGDM IIM-A Founder and Executive Vice Chairman Lintas, Glaxo Smith Kline 1995 Hitesh Oberoi 45 B Tech, IIT Delhi, PGDM, IIM-B Managing Director and CEO
Slide 83: Management Team Contd.
Management Team Contd. Name Age Qualifications Designation/ Role Previously worked with Year of joining Executive Vice President - Product Amit Kumar Singh 40 Btech - IIT Kanpur, PGDBM - IIM Calcutta Development Adobe Systems, Citibank 2011 Senior Vice President Technical AOL Online, First Advantage
Slide 84: Banks/ brokerages that cover us
Banks/ brokerages that cover us Firm Analyst Phone Number E-mail Axis Capital Sahil Desai +91.22.4325 1121 [email protected] B&K Securities Sushil Sharma +91.22.4031 7117 [email protected] BAML Sachin Salgaonkar +91 22 6632 8667 [email protected] Centrum Broking Ankit Kedia +91.2
Slide 85: Investor relations contacts
Investor relations contacts Name Chintan Thakkar Vivek Aggarwal Prince Poddar Designation CFO SVP – Finance Investor Relations e mail [email protected] [email protected] [email protected] Telephone +91 120 3082137 +91 120 3082007 +91 120 3082091 Fax +91 120 3082095 Address In
Slide 86: Annexures
intoedge Annexures 86
Slide 87: Naukri's traffic share
Naukri’s traffic share Naukri’s Android App traffic based on time spent – including Indeed 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Naukri TimesJobs Shine Monster Indeed Source: SimilarWeb Above chart excludes Linkedin since much of the traffic may not pertain to jobs 87
Slide 88: Naukri's traffic share
Naukri’s traffic share Naukri’s Desktop and Laptops traffic based on time spent – including Indeed 70% 60% 50% 40% 30% 20% 10% 0% Naukri Monster India Timesjob Shine Indeed Source: SimilarWeb Above chart excludes Linkedin since much of the traffic may not pertain to jobs 88
Slide 89: Naukri's traffic share
Naukri’s traffic share Naukri’s mobile web traffic based on time spent – including Indeed 60% 50% 40% 30% 20% 10% 0% Naukri Monster India Timesjob Shine Indeed Source: SimilarWeb Above chart excludes Linkedin since much of the traffic may not pertain to jobs 89
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