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<ul><li><keyword id="6135170" type="UNKNOWN" weightage="20" keywordseo="Paytm-Money">Paytm Money</keyword>, the financial services arm of digital payments, has set up a Technology Development and Innovation Centre in Pune.</li><li>The company is looking to hire 250 engineers across the front-end, backend as well as data scientists.</li><li><keyword id="6357120" type="DEFINITION" weightage="20" keywordseo="paytm">Paytm</keyword> Money is headquartered in Bengaluru and already has a team of over 300 employees.</li></ul>Paytm Money, the financial services arm of digital payments, has set up a Technology Development and Innovation Centre in Pune. The new facility will aim to drive product innovation, specifically in the areas of equity, mutual funds, and digital gold, the company said in a statement. The company is looking to hire 250 engineers across the front-end, backend as well as data scientists. Paytm Money is headquartered in Bengaluru and already has a team of over 300 employees. “We continue our vision to leverage technology to lower costs for our consumers and provide a solid, innovative and stable platform. We need solid engineering talent to ensure we meet our ambitions,” said Varun Sridhar, chief executive officer of Paytm Money. In a recent<a href="https://www.livemint.com/companies/people/paytm-money-ceo-varun-sridhar-shares-3-ideas-for-young-investors-to-win-big-in-stock-markets-11617075603105.html"> interview</a>, Sridhar had also said that Paytm Money will break even in three years. The online investment platform offers stockbroking, mutual funds, and other wealth management services. It also recently launched IPO investments on its platform, through which retail investors can apply for investments in Initial Public Offers (IPOs) in India. It had also ventured into Futures &amp; Options trading (F&amp;O) on its platform. The slew of new features launched by Paytm Money is aimed at gaining market share in the online wealth management industry. The company already has over seven million users, and by the end of FY21 it hopes to have achieved 10 million users and 75 million yearly transactions. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/inside-ritesh-agarwals-family-office-aroa-ventures-and-its-early-investments/articleshow/81772098.cms">EXCLUSIVE: Inside Ritesh Agarwal’s family office and its early investments</a>

Paytm Money set to hire 250 engineers for its new technology centre in Pune

<ul><li>According to a Naukri JobSpeak report, jobs in information technology (IT) and IT-related areas are at an all-time high growth rate of 52% in May 2021.</li><li>As per job site Indeed, business analysts are becoming more popular across several sectors.</li><li>Business Insider has collated a few job openings for Business Analysts in various marquee companies.</li></ul>The hiring trend in India seems to be bouncing back after the disruption caused by the COVID-19 pandemic. According to a Naukri JobSpeak report, jobs in information technology (IT) and IT-related areas are at an all-time high growth rate of 52% in May 2021, as compared to pre-COVID levels i.e., June 2019. As per job site Indeed, business analysts are becoming more popular across several sectors as organisations strive to grow and adapt to the new challenges while meeting the needs of their clients and customers. Business Insider has collated a few job openings for Business Analysts in various marquee companies. 1. <keyword id="6355629" type="DEFINITION" weightage="20" keywordseo="google">Google</keyword> The US-based search engine giant is hiring Business Systems Analysts in Bengaluru, Karnataka. The candidate must have an experience of over 10 years in implementing vendor software or implementing supply chain applications with a bachelor’s degree in computer science/engineering/mathematics or related fields. Selected candidates will have to partner with the internal team to improve internal business processes by defining and implementing business solutions. Interested candidates can apply <a href="https://www.google.com/about/careers/applications/packets/ed869393-c4ed-4dbf-9038-822010c34cdc/form">here</a>. 2.Paytm Digital payments platform Paytm is looking for a Business Analyst in Noida, Uttar Pradesh. The candidate should have at least 2-5 years of experience as a business analyst or a data scientist and must be highly proficient in machine learning, algorithms and other statistical tools. The key responsibility of the selected candidate will be to design business strategies based on data findings and complete implementation and programme management. Interested candidates can apply <a href="https://jobs.lever.co/paytm/480ee99b-97b6-4886-a189-45ce853d4e25">here</a>. 3. <keyword id="18635" type="CITY" weightage="20" keywordseo="Amazon">Amazon</keyword> The multinational technology and e-commerce company is actively recruiting a Business Analyst in Hyderabad, Telangana. The candidate should have a relevant experience of three or more years as business analyst/data analyst or statistical analyst. The desired skills required for this position is proficiency in SQL, Python and related softwares. The candidate must have a bachelor’s/master’s degree in computer science/engineering/mathematics/statistics/finance. Interested candidates can apply <a href="https://www.amazon.jobs/en-gb/jobs/1522086/business-analyst">here</a>. 4. Cognizant The multinational IT firm is looking for a Business Analyst across various locations — <a href="https://careers.cognizant.com/in/en/job/00042871561/Business-Analyst">Bangalore</a>, <a href="https://careers.cognizant.com/in/en/job/00041209775/Business-Analyst">Chennai</a> and <a href="https://careers.cognizant.com/in/en/job/00041767402/Business-Analyst">Hyderabad</a>. The candidate must have these desired skills in these areas — business scorecard, business services and business-to-consumer. 5. <keyword id="10875" type="CITY" weightage="20" keywordseo="IBM">IBM</keyword> The multinational technology company is hiring freshers for Business Analyst positions in Bangalore, Karnataka. The chosen candidate will participate in the ongoing projects related to data analysis of IBM as well as suppliers. Applicants must have a good knowledge about data modelling and advanced SQL. Interested candidates can apply <a href="https://careers.ibm.com/job/13330682/business-information-analyst-bangalore-in/?codes=IBM_CareerWebSite">here</a>. 6. American Express The multinational financial services corporation is looking for a Business Analyst in Gurgaon, Haryana. The selected candidate will have to support the team in creating regulatory/governance reports and analyse, test these reports to draw inferences and gaps. The candidate must have at least 5 years of experience in the field of MIS and analytics. Interested candidates can apply <a href="https://aexp.eightfold.ai/careers/?pid=8098568&amp;domain=aexp.com">here</a>. 7. Lenskart The eyewear retail chain is recruiting Business Analysts for its Faridabad office. Candidates with 1.5-5 years of experience with proficiency in tools such as SQL, advanced excel are preferred for this role. The candidate should have a master’s degree or a master’s in management (MBA) from tier 1 or 2 college in technology/economics. Interested candidates can apply <a href="https://hiring.lenskart.com/o/business-analyst-analytics-faridabad">here</a>. 8. Barclays The British bank is hiring Business Analysts in Pune, Maharashtra. The selected candidates will be required to work on simple to medium complex projects with the team. The candidate should have at least 4-8 years of experience of working as a business analyst with good knowledge in the banking domain. Interested candidates can apply <a href="https://search.jobs.barclays/job/pune/business-analyst/22545/8602438400">here</a>. 9.Gartner The international research and advisory company is seeking Technical Business Analysts for its Gurgaon office. The candidate needs at least 3-5 years of experience as technical business analyst/technical product owner and should be well versed with using tools such as Lucid, Chart, MS Visio, JIRA. Interested candidates can apply <a href="https://jobs.gartner.com/job/gurgaon/technical-business-analyst/494/10659899520">here</a>. 10. Class Plus The edtech platform is actively recruiting a Business Analyst in Noida, Uttar Pradesh. The candidate should have two years of experience in a high-growth startup. The selected candidate will have to provide in-depth analysis of problem statements fundamental to growth and synthesise the data to give actionable insights to influence strategy and growth. Interested candidates can apply <a href="https://in.linkedin.com/jobs/view/business-analyst-at-classplus-2656860914?utm_campaign=google_jobs_apply&amp;utm_source=google_jobs_apply&amp;utm_medium=organic">here</a>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/banking-jobs-hdfc-axis-icici-and-other-banks-are-hiring-across-the-country/articleshow/84666214.cms">Banking jobs: HDFC Bank, Axis Bank, ICICI Bank and more are hiring across the country for various roles</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/education/news/these-are-some-of-the-universities-that-offer-free-education-for-international-students/slidelist/84463712.cms">Planning to study abroad? These are some of the universities that offer a free education for international students</a>

Google, Amazon, IBM and many more are hiring business analysts across the country

Paytm and Snapdeal were planning a merger recently. While the all-stock deal is yet to shape up, Paytm’s founder Vijay Sekhar Sharma is playing a Good Samaritan. With 600 people in Snapdeal’s Gurgaon office already shown the door and more awaiting the firing the squad at the ecommerce company, people are hunting for jobs like never before. Also the recent shut down of travel portal Stayzilla has increased the pool of talents. At such a juncture, Paytm founder announced on social media that they are open to hire talents. 
 
"Hello, Tech/Product people in Delhi NCR, feeling heat of business restructuring? We welcome you @Paytm and @PaytmMall with open arms” read one of Sharma’s tweet yesterday morning. Paytm is planning to expand its business with Paytm Mall and has 250 openings. 
 
"We are recruiting for our marketplace and the bank: Hence, trained and domain experts are welcome. We believe startups have great people and they will fit well in our entrepreneurial culture," a spokesperson of Paytm told The Economic Times in an email. 
 
Not just Sharma, EVC Ventures and OfBusiness have also publicly announced their willingness to hire laid off employees of Snapdeal.

Here’s someone who is ready to employ laid off employees of
Snapdeal and Stayzilla

Startups are unaffected by getting banned and are recruiting top talent at IIT placements this year. Regardless of the fact that many of the startups are being blacklisted by the institutes, many international companies that have just started in India are providing the students great offers and some big recruiters' individual hiring numbers. 
 Many like <keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword> and <keyword id="541988" type="COMPANY" weightage="20" keywordseo="SnapDeal">Snapdeal</keyword> are amongst the blacklisted ones, their rival likes <keyword id="18635" type="CITY" weightage="20" keywordseo="Amazon">Amazon</keyword> and <keyword id="6357120" type="UNKNOWN" weightage="20" keywordseo="PayTM">Paytm</keyword> are hiring aggressively at several <keyword id="6386086" type="ORGANIZATION" weightage="20" keywordseo="Indian-Institutes-of-Technology">Indian Institutes of Technology</keyword>, and commanding premium slots in placements along with the likes of logistics startup <keyword id="3932850" type="UNKNOWN" weightage="20" keywordseo="rivigo-services">Rivigo Services</keyword> and enterprise software developer CodeNation. 
 Amazon is planning to visit 17 <keyword id="49737" type="COMPANY" weightage="20" keywordseo="IITs">IITs</keyword> this year and is looking forward to hiring more engineers than last year. It is making its first Jodhpur, Indore and Bhubaneswar IITs. 
 "We firmly believe that as we expand and grow in the country, talented engineers from these institutes will play an instrumental role in driving Amazon's growth in India. We continue to be aggressive in our hiring outlook as we scale up our operations in India,” <keyword id="662878" type="PERSON" weightage="20" keywordseo="Raj-Raghavan">Raj Raghavan</keyword>, HR director for APAC at Amazon, told ET. 
 
Paytm, after being benefited by the government’s demonetisation scheme, is now looking forward to increasing its intake from IITs this year. 
 "Paytm is expanding quickly and we are constantly on the lookout for talent to help us keep the momentum,” <keyword id="214729" type="PERSON" weightage="20" keywordseo="Amit-Sinha">Amit Sinha</keyword>, senior VP at Paytm, told ET. 
 
The Noida-based ecommerce and digital payments provider has hired from Guwahati, Roorkee, Madras, Bombay and Varanasi (BHU) IITs this year. Besides these biggies, several smaller startups, too, have joined the rush to attract top talent from the country's premier engineering campuses. 
 
"Startups are far from disappearing from the campus. For us, they hold a good share in the placements this year. Where 55 startups have registered for placements this year, up from 50 last year, and they've already handed out more offers than last year,” NP Padhy, professor-in-charge for training and placement at IIT Roorkee, told ET. 
 
There are many new comers in the placement league and the list includes Smartprix, FlyNava Technologies, Clustr, Hike and Buyhatke. 
 
"There are still many startups coming. While most hire in small numbers, they still find takers, especially among students who have a risk appetite,” a senior person involved in IIT placements, told ET. 
 
The IITs also blacklisted a list of startups over a list of numerous reasons. Despite some startups revoking offers in previous years, several students are still eager to join such firms. 
 "Students are now more aware about the uncertainties associated with startups, and more informed. Many are eager to join them, especially those who want to start something of their own in the future and want to gain the experience,” B Venkatesham, placement-in-charge at <keyword id="922152" type="ORGANIZATION" weightage="20" keywordseo="IIT-Hyderabad">IIT Hyderabad</keyword>, told ET. 
 
Even in campuses where the number of startup recruiters is less than last year, such firms are among the popular recruiters. IIT Madras has given premium slots to companies such as Amazon, Next Education, CodeNation, Rivigo Services and Paytm in the placement process.

Despite getting blacklisted, startups still rock at IIT placements

New Delhi, Apr 17 () Digital payments major Paytm on Friday said it will offer employee stock ownership plan (ESOPs) worth Rs 250 crore this year. The exercise, which will be completed over the next 3-4 months, will include high performing employees as well as new hires, Paytm said in a statement. The company, however, did not disclose the number of employees it would cover, as the appraisal process is still on. Paytm had started its company-wide process of annual performance reviews in January this year. "This will widen the base of employees having company shares and will enable more people to become a stakeholder in the firm's growth story," the statement said. In October last year, the company had given existing and former employees the option of liquidating their vested ESOPs to earn about Rs 300 crore during a secondary share sale. "Paytm has a high-performance culture and follows a transparent process to evaluate and reward employees. We always ensure to provide ample growth opportunities and engage for feedbacks from time to time," Paytm CHRO Rohit Thakur said. Besides, Paytm also plans to hire over 500 people for multiple roles, apart from continued hiring for roles in product and technology teams, the statement said. The company has also decided to offer an extension of two months to employees who haven't performed well and would have been otherwise asked to leave. "As a part of the appraisal process, some employees were assessed to be at the lower end of the bell curve range. As a part of the year-end process, the company typically asks them to look for opportunities outside the organisation. "However, after analyzing the current scenario, Paytm has offered those employees to continue to be on the rolls of the company for another two months and receive all payments for this extended period," it said. The nationwide lockdown, which has now been extended to May 3, has disrupted businesses, especially start-ups. Many start-ups are facing financial stress given the paucity of business, and some of them are resorting to measures like salary cuts and even layoffs to tide over the ongoing crisis. Recently, self-drive mobility platform Zoomcar had said it has decided to defer salaries of senior leaders and CEO Greg Moran as part of its efforts to tide over the "difficult time" on account of the coronavirus crisis. Online used car marketplace CARS24 had said it has introduced a voluntary pay cut for employees that will be invested as ESOPs of the company. SR RVK

Paytm to give ESOPs worth Rs 250 cr; hire over 500 people to expand financial services

<keyword id="6357120" type="UNKNOWN" weightage="100" keywordseo="PayTM">Paytm</keyword>, the Noida-headquartered digital payments solutions company has made some top-level additions to its payments bank arm, with <keyword id="3363917" type="UNKNOWN" weightage="100" keywordseo="Ruchita-Taneja-Aggarwal">Ruchita Taneja Aggarwal</keyword> and <keyword id="3363918" type="UNKNOWN" weightage="100" keywordseo="Priya-Karnik">Priya Karnik</keyword> from Citibank India being hired as head of banking operations and head of product development for banking operations, respectively. 
 
Aggarwal worked as the director of treasury and trade solutions and Singapore head for regional product sales at Citibank, while Karnik was director of treasury and trade solutions, regional implementation. 
 
With these appointments, the payments arm of the <a href="http://www.businessinsider.in/Alibaba-to-enter-in-India-via-Paytm/articleshow/51490871.cms" target="_BLANK￿￿￿￿">Alibaba-backed</a> company has got its leadership team across FMCG, consultancy, banking and e-commerce businesses before its banking services roll-out in August. 
 
Also read: <a href="http://www.businessinsider.in/Alibaba-India-logistics-companies/articleshow/52235513.cms" target="_BLANK￿￿￿￿">Indian logistic companies look forward to partnering with Alibaba for its India entry</a> 
 
It was earlier this year that <a href="http://www.businessinsider.in/Paytm-payments-bank-to-be-headed-by-former-RBI-and-PwC-executive-Shinjini-Kumar/articleshow/51056601.cms" target="_BLANK￿￿￿￿">Shinjini Kumar</a> from RBI and PwC was hired for Paytm’s payments bank, which was followed by <a href="http://www.businessinsider.in/Amazon-India-Fashion-head-quits/articleshow/49014573.cms" target="_BLANK￿￿￿￿">Vikas Purohit</a> from Amazon, Kshitij Sanghi from McKinsey, <a href="http://www.businessinsider.in/Know-everything-about-Paytms-Project-Pokhran/articleshow/50528221.cms" target="_BLANK￿￿￿￿">Varun Khullar</a> from ITC and Vipin Surelia from the RBI, who were all taken in as VPs of various verticals. 
 
Also read: <a href="http://www.businessinsider.in/Paytm-in-parking-lots/articleshow/52142106.cms" target="_BLANK￿￿￿￿">Go cashless: Paytm ties up with 500 parking lots to let you park cars without cash</a> 
 
"It is no secret Paytm is expanding and diversifying at an exponential rate. Joining the organisation gives me an unparalleled opportunity to work with some of the most well-known industry thought leaders who are trying to build something new and unique," Karnik was quoted saying. 
 
Amit Sinha, vice president at Paytm said, "We are committed to keep enhancing our services and product portfolio. We are confident that with (Aggarwal and Karnik) on board, we will be able to drive greater growth and success."

Former Citibank executives to lead banking operations at Paytm’s payments bank

Digital wallet company <keyword id="6357120" type="UNKNOWN" weightage="20" keywordseo="PayTM">Paytm</keyword> identified 48 fraudulent customers . Paytm was cheated to the tune of over Rs 6.15 lakh. The CBI has registered a case. 
 
This case raised doubts on security system on the digital wallet. In its complaint, Paytm elucidated 26 cases where a refund was claimed and processed after the delivery of goods was successfully made. 
 
“The technical analysis of the e-commerce service provider states that this cannot happen without involvement and knowledge of its employees,” the FIR said. 
 
"In the physical goods marketplace business, it was identified that certain fraudulent users were trying to unlawfully game the system. We have identified each of these cases and initiated legal proceedings," a Paytm spokesperson told Business Insider. 
 
Paytm said it regularly monitors its marketplace business to identify any fraudulent or suspicious behavior. "This is a part of the company’s security practices to ensure that genuine users are able to continuously avail the benefits brought by the Paytm marketplace," stated Paytm. 
 Paytm is garnering headlines, especially after demonetisation, and has made the most of cash ban since November 08. Paytm’s <keyword id="198636" type="PERSON" weightage="20" keywordseo="Vijay-Shekhar-Sharma">Vijay Shekhar Sharma</keyword> promoted its digital wallet to enable people to deal sudden cash crunch. 
 
Paytm saw a 700% hike in its customer traffic. It hired 9,000 staff to move on with their payments bank and help achieve cashless India goals.

Paytm identifies 48 fraudulent users who cheated it for over Rs 6.15 lakh; legal case initiated

<ul><li>In an interview with Business Insider, <keyword id="323682" type="PERSON" weightage="20" keywordseo="Rudra-Dalmia">Rudra Dalmia</keyword>, Executive Director, <keyword id="4225623" type="PERSON" weightage="20" keywordseo="Paytm-Mall">Paytm Mall</keyword> shares the aggressive growth plans <keyword id="6357120" type="DEFINITION" weightage="20" keywordseo="paytm">Paytm</keyword> Mall has. </li><li>In July, American e-commerce giant eBay had bought a 5.5% stake in Paytm Mall. </li><li>The company is already contribution margin positive and is aiming for net profitability. </li></ul>Paytm Mall is headed to new shores – Middle East, thanks to its latest investor – e-commerce giant eBay. American e-commerce giant eBay had bought a 5.5% stake in Paytm Mall, <keyword id="198636" type="PERSON" weightage="20" keywordseo="Vijay-Shekhar-Sharma">Vijay Shekhar Sharma</keyword>’s new e-commerce vertical in July. “We are going to build a very large Gulf business and export is going to be a big thing for us. Currently, we are testing the partnership with Ebay, who will expose our Indian catalogue there,” said Rudra Dalmia, Executive Director, Paytm Mall in an interview with Business Insider. Through eBay’s investment, Paytm Mall will also make eBay’s entire catalogue available to Indian users. The company ended the last financial year with a Gross Merchandising Value (GMV) of ₹130 billion and is now aiming for ₹170 billion GMV by 2022. It also cut it costs by 85-90% every month. “We are already make a margin positive contribution. Now we don’t sell anything, where we lose money. The aim is to now achieve net profit which will take a few years,” said Dalmia. Hard decisions It was a cold December morning, when the newly joined Dalmia had a meeting with Vijay Shekhar Sharma, who said “this is not working”. That’s when Paytm Mall changed the way it worked to become an O2O model led business. With this, Paytm Mall now drives its online traffic to offline stores through gift vouchers, offers and uses offline strength to push online traffic through digital payments only. “We took some hard decisions and decided to focus on the bottom line. We cut all unnecessary costs with an aim to be contribution/revenue positive. So, we turned the focus on paytm’s strengths – merchants and huge user base,” said Dalmia. It plans to piggyback on the success of Paytm, whose monthly transactions are as much as 400 million transactions, to drive demand. Better business, not a bigger business Today, Paytm Mall is a ‘for, by and of the merchants’ platform. While e-commerce still has a 40% role, O2O now takes up the 60% chunk of its business. “We want to be a better business, not a bigger business. Paytm already has over 13 million merchants onboarded. And there’s a lot of trust. One of the biggest achievements of Vijay has been to convince people that Paytm money is real money,” said Dalmia. This is good news for the company, as its prospects did not look very good a while back and reports said that it might close down. Yet its fortunes changed by May 2019 as the company said that it grew by 200% in six months, and hired 200 people. And they are still hiring aggressively across roles, informs Dalmia. “In hyper growth companies, you grow, you consolidate and then you turn profitable. We are currently consolidating and we will show how it is done,” said Dalmia.

‘We will show how it’s done’ – Paytm Mall heads to the Middle East, with a push from eBay

The Reserve Bank of India (<keyword id="30067" type="ORGANIZATION" weightage="20" keywordseo="RBI">RBI</keyword>) has given permission to digital mobile wallet <keyword id="6357120" type="UNKNOWN" weightage="20" keywordseo="PayTM">Paytm</keyword> to officially launch its <keyword id="2324069" type="UNKNOWN" weightage="20" keywordseo="Payments-Bank">payments bank</keyword>. The central bank had in-principle approved the <keyword id="3236791" type="UNKNOWN" weightage="20" keywordseo="Paytm-payments-bank">Paytm payments bank</keyword> last year in August. 
 In a blog, Paytm’s <keyword id="198636" type="PERSON" weightage="20" keywordseo="Vijay-Shekhar-Sharma">Vijay Shekhar Sharma</keyword> wrote the Paytm Payments Bank will build a new business model in banking industry. 
 
Paytm has been hogging headlines, especially after demonetisation. Now, it is also likely that Sunil Munjal and Saroj Poddar will buy a stake in Paytm, which may touch valuation of $6 billion if all goes well. 
 
Meanwhile, the payments bank will be another feather in Paytm’s hat. Paytm has been hiring in the top order for it. 
 
Post formal nod by RBI for payments bank, Here’s what Sharma wrote in his blog: 
 
Today, Everything changes, Again. 
From Payments to Payments Bank. 
Exactly three years ago, on January 3rd 2014, we launched our mobile wallet — Paytm. Today, Paytm has become the category leader and changed the way India pays. 
From villages to cities, from corner vegetable stalls to milk booths, small shops to large retailers, everyone embraced the new way to pay by Paytm. 
Now, we are embarking on a new and even more exciting journey. 
Today, Reserve Bank of India gave permission to formally launch Paytm Payments Bank. We can’t wait to bring it in front of you. 
At Paytm Payments Bank, our aim is to build a new business model in banking industry, focussed on bringing financial services to 100’s of millions of un-served or underserved Indians. 
With power of technology and innovation-at-scale, we aim to become a benchmark in world of banking. 
This is our chance to build something that every Indian can be proud of. No other role or responsibility means as much to me as the privilege of building Paytm Payments Bank, and I intend to take a full-time executive role in the Bank. 
In this journey, we will keep our heads down, work harder, and remember these three guiding principles: 
 
 
 
 
 India, let’s build it together.

Paytm gets permission to launch Paytm Payments Bank. Here’s what Vijay Shekhar Sharma said

The top Indian startups with valuation of over $1 billion each are on a hiring spree and more than half of all job postings by these unicorns are for fresh graduates, according to recent data from global job site Indeed. The report says four unicorns - <keyword id="541988" type="COMPANY" weightage="20" keywordseo="SnapDeal">Snapdeal</keyword>, <keyword id="6357120" type="COMPANY" weightage="20" keywordseo="PayTM">Paytm</keyword>, ShopClues and <keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword> - make up around 90 per cent of all job postings. "Indeed's latest study reveals that more than half (57 per cent) of all job postings by unicorns are for fresh graduates. This is encouraging for millions of young freshers looking to jumpstart their careers with young companies, and being a part of the exciting startup ecosystem," says Sashi Kumar, India Managing Director at Indeed. With the Indian e-commerce market expected to grow at 30 per cent a year, and attain a valuation worth $200 billion by 2026, companies like Snapdeal, ShopClues and Flipkart are experiencing a boom in business. Moreover, digital service providers like Paytm and Zomato too are thriving, given the government's demonetisation drive and push for cashless transactions and the widespread penetration of mobile literacy. Kumar says - "Our earlier study on job flexibility also indicates a trend towards contractual hiring in these firms, which reaffirms the growing affinity among today's new-age job seekers, who look at striking a balance in work- life integration." Snapdeal topped the chart in terms of percentage of total job postings at 53 per cent, followed by Paytm at 23 per cent, ShopClues (11 per cent), Flipkart (4 per cent), Zomato (4 per cent), Ola Cabs (3 per cent) and InMobi (2 per cent) among others. While the top four firms in terms of hiring together make up over 90 per cent of all jobs posted, the region that saw maximum number of postings from these companies is Delhi NCR, with an overwhelming majority of 83 per cent. The Indeed study included an analysis of job postings from Flipkart, Hike Messenger, InMobi, Mu Sigma, Ola Cabs, Paytm, ShopClues, Snapdeal, RenewPower and Zomato, which were identified as the top Indian startups valued at over $1 billion. All job queries posted within the time-frame of October 31, 2016 to October 31, 2017 were considered for this study.

Unicorn startups Paytm, Snapdeal, Flipkart are on a hiring spree in India

<ul><li>Ecommerce companies like <keyword id="18635" type="CITY" weightage="20" keywordseo="Amazon">Amazon</keyword>, Paytm, Flipkart are hiring across roles despite the Coronavirus pandemic. </li><li>Every week, Business Insider collates interesting vacancies across marquee organisations. </li><li>Here are a few job opportunities across ecommerce companies. </li></ul>The nationwide lockdown due to the outbreak of Coronavirus has led to closure of businesses, which has disrupted supply chains, thereby triggering large scale unemployment. However, ecommerce companies like Amazon, Paytm, Flipkart are hiring across roles even during the pandemic. Every week, Business Insider collates interesting vacancies across marquee organisations. This week we bring job openings across ecommerce companies. Here a few of those opportunities: Amazon <div type="image" title="Virus Outbreak Amazon" msid="75117504" hostid="261" caption="&amp;lt;p&amp;gt;A sign is lit on the facade of an Amazon fulfillment center, Thursday, March 19, 2020, on Staten Island in New York. The company plans to hire another 100,000 new workers in their fulfillment centers to fill increased customer demand during the coronavirus outbreak in which many workers are working from home an discouraged from going out.Photo/Kathy Willens)&amp;lt;/p&amp;gt;"></div> Position: Brand Development Associate Location: Bangalore Experience: Minimum 1 years Eligibility: Bachelor’s Degree Amazon is looking to hire a brand development associate. The candidate will be responsible for developing and delivering brand facing solutions to solve business challenges. He will be required to engage with all the sellers on the platform and ideate new solutions. He will have to analyze data to identify and solve problems for brands on Amazon launchpad by managing portfolio of sellers and figure out strategic business opportunities with category teams, sales teams. To apply for the job, the candidate must have presentation skills and working knowledge of SQL and microsoft excel. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1815361433/">here</a>. Flipkart <div type="image" title="FILE PHOTO: The logo of India&amp;#39;s e-commerce firm Flipkart is seen in this illustration picture" msid="75117515" hostid="261" caption="&amp;lt;p&amp;gt;The logo of India&amp;#39;s e-commerce firm Flipkart is seen in this illustration picture taken January 29, 2019. REUTERS/Danish Siddiqui/Illustration/File Photo&amp;lt;/p&amp;gt;"></div> Position: Content Writer Location: Bangalore Experience: Not Specified Eligibility: B.Com, MCom, BA - Any Specialization, MBA/PGDM - Any Specialization Flipkart is hiring a web content writer in Bengaluru. The selected candidate will write on electronics, gadgets, consumer durable products and also proofread the copies. He will also be required to write product descriptions, brand support material and web page titles, image tags for various products. The candidate must have ‘exceptional’ written and verbal communication skills along with the working knowledge of Google keyword research tools and Meta tags. Myntra Position: Associate - Data Analyst Location: Bangalore Experience: Minimum 1 year Eligibility: BTech in Computer Science Myntra is hiring a data analyst for its platform. The hired candidate will develop analytical models to estimate annual, monthly, daily platform revenue and monitor other metrics such as traffic, gross margin, conversion and average order value. The Data Analyst will also identify key trends and develop analytical models accordingly. To apply for the job, the candidate must have working knowledge of R, SQL and advanced Excel. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1814319907/">here</a>. Amazon <div type="image" title="An employee of Amazon walks through a turnstile gate inside an Amazon Fulfillment Centre (BLR7) on the outskirts of Bengaluru" msid="75117690" hostid="261" caption="&amp;lt;p&amp;gt;An employee of Amazon walks through a turnstile gate inside an Amazon Fulfillment Centre (BLR7) on the outskirts of Bengaluru, India, September 18, 2018.Abhishek N. Chinnappa&amp;lt;/p&amp;gt;"></div> Position: Support Engineer Location: Hyderabad Experience: Minimum 2 years Eligibility: BSc in Computer Science and Engineering Amazon is inviting applications for an engineer who will work on coding projects, mainly in Java. The candidate will be required to work on operations and maintenance tools, troubleshooting tasks and support reporting. The applicant must have experience in java, python and shell scripts along with working knowledge of UNIX and Linux operating systems. He should have understanding of XML/SOAP, web services and workflow modeling. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1818582768/">here</a>. Paytm <div type="image" title="paytm" msid="75117663" hostid="261"></div> Position: Graphic Designer Location: Delhi Experience: Not Specified Eligibility: Graduate with Graphic Designing skills Paytm is looking for a visual designer to design creatives for websites, advertisements, exhibitions and displays, corporate communications and more for brand visibility. The selected candidate will be responsible for generating ideas and innovative concepts within a specific budget. He will work for both Offline, Online &amp; affiliate marketing platforms with the artwork. The candidate should have knowledge of digital platforms, operating systems like android, iOS &amp; web. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1819947926/">here</a>.

These are the job listings in top e-commerce companies posted after April 1

<a href="http://www.businessinsider.in/searchresult.cms?query=paytm&amp;sortorder=effectivedate">Paytm</a> is seeing its QR code payment method as an alternative to<a href="http://www.businessinsider.in/searchresult.cms?query=point+of+sales+machines&amp;sortorder=effectivedate"> Point of Sale (PoS) machines </a>and is touting to reach 1 crore <a href="http://www.businessinsider.in/searchresult.cms?query=offline+sellers&amp;sortorder=effectivedate">offline sellers</a>. 
 This can be termed as an intelligent move as <keyword id="2520723" type="UNKNOWN" weightage="20" keywordseo="POS-machines">PoS machines</keyword> are expensive and the time taken to deliver is long. 
 “In order to add more momentum to the traction, we are making the app available in regional languages and expanding merchant acquisition network in smaller towns,” Deepak Abbott, senior vice president at <keyword id="6357120" type="UNKNOWN" weightage="20" keywordseo="PayTM">Paytm</keyword>, told ET. 
 
The QR code-based payment is linked to the verification documents and KYC collected for each business. 
 
At present, 35 lakh merchants including organised retailers, hospitals, and other stores use the facility for their businesses. 
 
Post <a href="http://www.businessinsider.in/searchresult.cms?query=demonetisation&amp;sortorder=effectivedate">demonetisation</a>, the offline merchants rose to one lakh and Paytm also hired 10,000 field-force to ramp up the number of offline users.

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These are the job listings in top e-commerce companies posted after April 1

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