Homegrown financial technology platform Paytm has announced that it is in the process of hiring over 1,000 engineers, data scientists, financial analysts among other positions for tech and non-tech roles. The company has ramped up recruitments as it is heading for a rapid expansion of its financial and wealth management services. Other than tech and non-tech hires to fill positions across its operations in Delhi-NCR, Mumbai and Bengaluru, Paytm is also bringing in over 50 senior-level executives in the roles of vice-president and above to bolster its leadership.
The global pandemic has not come in way of Paytm's hiring plans as the company has continued with interviews as well as inductions of new joinees even during the lockdown. Paytm and its group businesses such as lending, insurance, wealth management and offline payments have been expanding operations, thereby creating the need to bring in more tech and non-tech employees. This team expansion would play an essential role in launching innovative financial services and technology to fuel its growth journey.
From April 2019 to date, the company said that while around 20 senior executives exited Paytm, over 140 have been hired for leadership roles in positions of vice-president and above. Paytm is recruiting talent from Fortune 500 companies, MNCs, top startups, and bringing in people who have entrepreneurial experience. Recently, the company also announced the setting up of its largest campus in Noida, Uttar Pradesh, to accommodate its growing team. The 5,000-seater office is spread across 5.5 lakh square feet of space comprising 21 floors.
Narender Yadav, Vice-President, Paytm, said, "We are building India's largest consumer internet and financial technology platform that requires more talent. This year, we are aiming to add additional 1,000 colleagues to our different business verticals to build and scale the innovative products for the masses."