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- Fintech firms are leading the hiring race in the tech ecosystem.
- As cryptocurrency gains momentum crypto exchanges are also offering jobs.
- From Revolut and Coinbase setting up base in India, to BankBazaar and Razorpay looking to expand, these are the jobs to watch out for.
The Indian fintech market holds a $100 billion opportunity as per a recent report by Boston Consulting Group and FICCI. As Indian technology companies and startups pile on investments to ride the digital wave, they are also opening up opportunities for employment.
According to a March 2021 report by Naukri.com, the recovery in hiring in India is led by IT services. “Overall, hiring activity shows a robust growth of 23% in the Jan-Mar’21 quarter as compared to the Oct-Dec’20 quarter. The IT sector has been at the forefront of fueling this growth and it is encouraging to see sectors like Retail and Accounting/Finance also showing promising recovery over the past few months,” said Pawan Goyal, Chief Business Officer, Naukri.com in a statement.
Interestingly, fintech firms are leading the hiring race in the tech ecosystem while as cryptocurrency gains momentum crypto exchanges are also offering jobs aplenty.
From companies from abroad setting up their India offices to Indian companies looking to expand aggressively, here’s a look at the hottest jobs in the market right now.
Revolut
Revolut
Europe’s largest startup Revolut is setting up its India operations. Revolut offers everything from money transfer and exchange, to stock trading, wealth management, loans, peer-to-peer payments and even cryptocurrency trading.
The startup recently announced former LendingKart and Flipkart exec Paroma Chatterjee as its India chief executive office and said that it is set to hire 300 people for its India office. “Revolut has recruited Heads of Operations and Legal for the country and is leveraging India’s strong talent pool to recruit across multiple functions including HR, Finance, Growth, Marketing, Recruitment, Compliance, Risk and Technology,” the company said.
Coinbase
Coinbase
For all you crypto fans out there, US-based cryptocurrency firm Coinbase is setting up its India operations and is hiring aggressively.The firm has hired Pankaj Gupta, Google Pay’s engineering lead in India and Asia Pacific, as the VP of engineering and site lead for India.
The company is now aggressively hiring in India and has openings for product and engineering roles. “India has world-class tech expertise and some of the brightest minds in the industry. Coinbase plans to tap and develop this local talent. The plan is to hire hundreds of employees, across all levels in Eng, PM & UX (engineering, product management and user experience) within the next 1–2 years to build out a full tech hub,” wrote Gupta on Twitter.
WazirX
WazirX
Coinbase isn’t the only crypto firm hiring in India. Amidst the bitcoin boom, Indian cryptocurrency exchange WazirX had recently doubled its workforce to 65 people. And, it now aims to triple the number by the end of 2021. “WazirX is now actively recruiting top talent for engineering and operations. In addition to blockchain developers, the platform is also on a hunt for professionals well-versed in Python, JavaScript, SQL, MongoDB, and R alongside others,” the company said.
BankBazaar
BankBazaar
Financial services platform BankBazaar has massive expansion plans for FY22 and it plans to onboard 600 new employees for the same. The company which currently has over 1,000 employees is now recruiting for technology, product, operations and customer service domains for its offices in Bengaluru, Chennai and Mumbai.
LenDenClub
LenDenClub
Peer-to-peer lending platform LenDenClub is also looking to triple its workforce by the year end. From the current employee base of 60, it hopes to have 180 employees by the end of 2021.
The company is looking to hire vertical leads and managers for branding, digital marketing, sales and distribution, and investment etc. “We are also looking for management trainees to help with business development, alliances, product development and strategy, customer support, and wealth management, along with graduate trainees for software development and market analysis,” the company said.
Razorpay
Razorpay
The $3 billion fintech unicorn Razorpay, which recently raised $160 million, is looking to expand its presence in South East Asia and the startup is in the process of hiring more than 600 employees to fuel its growth plans. The jobs are in the engineering, product, sales, marketing and customer experience teams, across levels.