Paytm on a hiring spree, to expand workforce by over 1000

The e-commerce platform recently announced the establishment of its largest campus in Noida, Uttar Pradesh, with a 5000-seater office spread across 5.5 lakh square feet.

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E-commerce major, Paytm, today announced that it is in the process of hiring over 1000 engineers, data scientists and financial analysts among other positions for tech and non-tech roles.

The Company has speeded up its hiring with the objective of rapidly expanding 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 roles, such as vice president and above, to strengthen its leadership.

The Company has not stalled hiring during the ongoing pandemic. In fact, it had been conducting interview and inducting new joinees even during the lockdown.

The new tech and non-tech employees are expected to contribute towards the launch of  innovative financial services and technology to fuel Paytm’s growth journey.  With additional force in its business verticals, the Company, according to Narender Yadav, vice president, Paytm, is attempting to build “India’s largest consumer internet and financial-technology platform”, which will “build and scale innovative products for the masses.”

While about 20 senior executives have exited Paytm since April 2019,  the Company has hired over 140 for senior leadership roles.

In May, Paytm had asked employees to surrender their leave benefits in order to help maintain business continuity and control costs without any adverse effect on employee morale.

Recently, the e-commerce platform also announced the setting up of its largest campus in Noida, Uttar Pradesh, to accommodate its growing team. The 5000-seater office, comprising 21 floors, is spread across a 5.5 lakh square feet area.

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