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According to a home ministry statement, Bikhchandani has been given Padma Shri in the category of trade and industry.
His company also runs Jeevansathi.com, 99acres.com, and Shiksha.com. In addition, it has made strategic investments in promising web start-ups such as Zomato, Policybazaar, Shopkirana and Ustraa.
He graduated from IIM Ahmedabad in 1989.
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It was the first Internet company to list on Indian stock exchanges. Today, the company employs over 4,000 people and has a market capitalisation of over USD 4.5 billion.
Bikhchandani is also the founding trustee of Ashoka University.