mPokket to recruit 1,500 by 2022

The instant loan app has been on a hiring spree in 2021.


mPokket, an instant loan app for college students and salaried professionals has announced that it’ll be hiring 1,500 plus employees in 2022. The Company hired over 500 employees between April and December, increasing its headcount to over 1,400. It plans to deploy 80 per cent of its hires in operations, and assign others to the tech, product, data analytics, HR, finance, and marketing departments.

The tech team of mPokket includes PHP developers, Python developers, quality engineers, and DevOps engineers. mPokket is looking to source at least 20 out of 70 engineering talent from tier 2 colleges —for its flagship Tech Rangers programme.

With its headquarters in Kolkata, and offices in Bengaluru and Hyderabad, mPokket had recently hired Vikram Singh, previously an associate director at Myntra, as head of product.

mPokket helps college students and young folks to secure loans. The app — which has been downloaded 70 million times till now, and boasts of two million satisfied customers —is available to download from Google play. People who are interested in obtaining a loan have to log into the app with their phone numbers. They will be asked to sign up through their Google or Facebook account. After signing up, they will have to set a password and select their profession. Once they submit their KYC documents and record a video selfie, they will be able to set the amount of loan they desire and obtain it in a matter of minutes.

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