As digital becomes more widespread, start-ups are speeding up the recruitment process
As the services offered by start-ups become more mainstream, in part aided by the surge in digital adoption triggered by the pandemic, companies are increasingly looking to expand their teams and hire staff. capable of creating new products and increasing the technological capabilities of companies.
For example, Lenskart plans to add more than 2,000 employees across India by 2022. The company will strengthen its technology team by recruiting more than 100 engineers in Bengaluru, NCR and Hyderabad.
Nearly 1,500 new retail employees will be deployed to manage their growing number of physical stores. More than 300 employees will also be hired to strengthen the supply chain and manufacturing operations and another 100 will be added to corporate functions in the areas of finance, consumer insight, human resources and merchandising. “… We are building a strong presence in regional markets through our stores and e-commerce. This has opened up several job opportunities at Lenskart… hiring is a key aspect of our growth and we are actively seeking to hire skilled talent in verticals for regions like Hyderabad, Bengaluru, Mumbai and Delhi, among others ”, said founder and CEO Peyush Bansal.
Likewise, Oyo is also looking to recruit more than 300 tech professionals in the country over the next six months. The company said it is looking to hire teams with key skills and expertise in machine learning, data engineering and information security, as well as Android and iOS developers. .
The expanded design, product and engineering teams will be responsible for building long-term capabilities for Oyo from scratch and updating the current technology stack. “Hiring will play a critical role in accelerating Oyo’s transformation into a global provider of complete technologies for hotels and small and medium-sized homes. It has seen its enhanced app ecosystem provide a double increase in revenue for new hotels and homes joining its network, ”the start-up said.
New unicorn BharatPe, which recently raised $ 370 million in new funding at a valuation of $ 2.85 billion, will triple the strength of its tech team and hire an additional 100 members.
The tech team will support the fintech company’s planned launch of a multitude of products in the merchant and consumer lending space, the company said recently.
Hiring is at an all time high. Manish Gupta, CEO of TestingXperts (Tx), said: “We started going to campuses, hiring a lot of young people, spotting talent at the lower rungs and picking those with the right technical mindset and are open to learning. ” TestingXperts is one of the top five testing companies in the world, with headquarters in London and offices all over the world, including India. This year, the company plans to add an additional 200 to 250 employees to its fleet of 750. Hiring will be across India over the next 12 months. “The pace of digital transformation has accelerated rapidly due to the pandemic and organizations are reinventing themselves to go ‘digital first’ to better serve their customers. Even during the pandemic, Tx has grown at a steady rate and added almost 200 people and continues to hire at a constant rate, ”Gupta said.
Local start-ups from all segments continue to attract significant funding from investors. Most start-ups intend to allocate a significant portion of their funds to hiring skilled talent.
As competition in the space intensifies and consumer behavior changes rapidly, companies with advanced technological capabilities will be in a better position to exploit new opportunities and attract more users.
For example, Khatabook, which closed a $ 100 million funding round earlier this week and aims to build a financial services bundle, will use capital in part to speed up hiring, especially in engineering functions. , product, design, analysis and data science.