In December last year, global job site Indeed released a study which said that there has been an increase in jobs in the Indian market. The report also added that four unicorns alone — Snapdeal, Paytm, ShopClues and Flipkart — had contributed a majority of job postings then.
Interestingly, Snapdeal topped the chart in terms of percentage of total job postings at 53 percent.
Now, three months later, the Indian e-commerce major Flipkart in on recruitment spree. The company has opened over 700 open positions across functions in the technology department such as data scientists, UI & UX designers, product solution engineers, tech program managers, software developers, IT infrastructure & service delivery and IT applications, according to an ET report.
It is also visiting college campuses and hiring directly from there. Recently, it was at the Indian School of Business (ISB) where it made offers to at least 20 students.
The report also revealed that over 4/5th of all current open positions at Flipkart is for technology functions. The company’s aggressive tech hiring is part of its ‘AI for India’ programme. For this, the retailer has kept about 50 data sciences positions open.
The development comes after the company sharply reduced the employees’ size in 2016 and 2017. The workforce fell from 15,000 at the end of 2015 to 8,000 employees by 2017.
Seven months ago, Flipkart raised a massive sum of $2.5 billion from Softbank. Currently, it’s also negotiating a gigantic funding deal with Walmart.
The inflow of funds, however, has put a new lease of life into the company and it has once again charged up to go berserk on the Indian e-commerce market with discounts and freebies.
The company’s new hiring is also aimed at capturing the market from a new end, using technology to make the platform more smooth for transactions.