Tide, the UK’s leading business financial platform, is gearing up to expand in India and is on a hiring spree. It is looking for at least 600 techies for its team by 2026, as it aims to double its headcount and serve the 64-million and growing Indian SME sector.
This hiring drive, which constitutes nearly 60 per cent of the Tide’s total hiring, is part of its expansion strategy to boost local presence in India, which is its first international market.
Gurjodhpal Singh, CEO, Tide (India) is happy with the “tremendous response from the India market within a short span of starting operations in the country”. He is confident that “the additional technological capabilities will help us build our product for India as we expand our roots deeper into the country and invest in the technology leaders of tomorrow.”
Earlier this year, Tide had revealed its intentions to create 1,000 jobs in the country over the next five years. In the coming year and a half or two, the fintech’s Hyderabad technology centre/global development centre (GDC) will onboard over 300 engineers across various roles, with a particular focus on backend engineers in Java and Python, as well as experts in data science and Flutter.
Tide is introducing an ‘Internship to Hire’ programme to attract and nurture top quality talent. Focused on training freshers from premium institutes, such as IITs and NITs, Tide will use the programme to recruit entry-level candidates and then gradually increase the count as the model matures. Upon successful completion of the programme, interns will be offered full-time employment opportunities at Tide.
The Company is focused on championing entry-level engineers and making tech employment opportunities more accessible to all, without any biases pertaining to gender or socio-economic background.
Neeraj Agrawal, VP – engineering, Hyderabad Technology Centre, Tide (India) reveals that even though it is presently serving the UK and Indian markets, “Tide’s global development centre in Hyderabad has a global mandate.” The company plans “to expand to multiple countries in the future.
Founded in 2015 and with its business headquarters in Gurugram, Tide already has 350+ highly skilled employees in India, with most based in its Hyderabad technology centre, which was set up in early 2020.