Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
February 19, Monday 2018 1:34 PM       

       HEADLINES: Govt warns of seizing buses if strike continues                                              Scotch to be available in BEVCO                                              Shuhaib murder: There‚Äôll be no intervention in probe, says Kodiyeri                                              CM, ministers go to Thrissur, administration may freeze                                              No murder can be accepted: VS                                              Former PNB official used, shared bank passwords to help Nirav Modi                                              NCP candidate Jonathone Sangma killed by terrorists in Meghalaya                                              Passenger plane carrying 66 people crashes in southern Iran                                              Iran greatest threat to world: Netanyahu                                              Russian church shooting leaves 4 dead                                              ISL: Kerala Blasters pips North East United 1-0                                              J'burg T20I: India look to extend dominance against Proteas                                              J'burg WT20I: SA win toss, ask Indian eves to bat first                                              J'burg T20: Bhuvi's fiver seals victory for India                                              Kaumudi Facebook
       BUSINESS Next Article: Bitcoin rally: RBI again warns users of risks  
       Top Indian startups on hiring spree: Report
 
         Posted on :20:53:47 Dec 6, 2017
   
A A
       Last edited on:20:53:47 Dec 6, 2017
         Tags: Top Indian, startups, hiring spree, Report
 
New Delhi: The top Indian startups with valuation of over USD 1 billion each are on a hiring spree and more than half of all job postings by these unicorns are for fresh graduates, says a report.
 
According to recent data from global job site Indeed, four unicorns - Snapdeal, PayTM, ShopClues and Flipkart - make up around 90 per cent of all job postings.
 
A unicorn is a startup company valued at more than a billion dollars, typically in the software or technology sector.
 
"Indeed's latest study reveals that more than half (57 per cent) of all job postings by unicorns are for fresh graduates. This is encouraging for millions of young freshers looking to jumpstart their careers with young companies, and being a part of the exciting startup ecosystem," Indeed India Managing Director Sashi Kumar said.
 
With the Indian e-commerce market expected to grow at 30 per cent a year, and attain a valuation worth USD 200 billion by 2026, companies such as Snapdeal, ShopClues and Flipkart are experiencing a boom in business, it said.
 
Moreover, digital service providers like PayTM and Zomato too are thriving, given the government's demonetisation drive and push for cashless transactions and the widespread penetration of mobile literacy.
 
Kumar further said "our earlier study on job flexibility also indicates a trend towards contractual hiring in these firms, which reaffirms the growing affinity among today's new-age job seekers, who look at striking a balance in work- life integration".
 
Snapdeal topped the chart in terms of percentage of total job postings at 53 per cent, followed by PayTM at 23 per cent, ShopClues (11 per cent), Flipkart (4 per cent), Zomato (4 per cent), Ola Cabs (3 per cent) and InMobi (2 per cent) among others.
 
While the top four firms in terms of hiring together make up over 90 per cent of all jobs posted, the region that saw maximum number of postings from these companies is Delhi NCR, with an overwhelming majority of 83 per cent.
 
The study included an analysis of job postings from Flipkart, Hike Messenger, InMobi, Mu Sigma, Ola Cabs, PayTM, ShopClues, Snapdeal, RenewPower and Zomato, which were identified as the top Indian startups valued at over USD 1 billion.
 
All job queries posted within the timeframe of October 31, 2016 to October 31, 2017 were considered for this study.
A A
       BUSINESS
Next Article: Bitcoin rally: RBI again warns users of risks
 
 
BUSINESS HEADLINES
'Maharashtra has great business potential'  
Sensex drops 195 pts, Nifty below 10,400  
Reliance to invest 60,000 cr in Maharashtra  
Retailers accused of levying GST over MRP  
Citizens urge reduction of GST on sanitary napkins  
India, Iran sign double taxation pact  
Refer to these fintech startups for range of medical loans  
SBI launches Global NRI Center to enhance customer experience  
Nifty drops 93 points, ends below 10,500  
Will ask visually challenged to examine new notes: HC  
US dollar ends higher against rupee  
Controversial Economist predicts that India could dethrone western wealth and power  
TCS launches Enterprise Data Lake on Amazon Web  
Budget 2018: Arun Jaitley's education reforms pave way for quality education  
Sensex rises over 200 points, Nifty near 10600  
Sensex extends rally, rises 173 pts on positive macro data  
PM woos investors at Oman-India business meeting  
No change in foodgrain prices  
Punjab National Bank detects $1.77 billion worth of fraudulent transactions, CBI probe ordered  
Chorus of dissent against budget grows: Chidambaram  
TCS among top three employers in N America 2018  
RBI rolls out new stressed assets framework to tackle bad loan problem  
Sensex recovers 260 points, Nifty above 10,500-mark  
15 months after note ban, RBI still processing returned notes  
Union Budget has failed people of India: Chidambaram  
 
Do you think Kerala govt is a failure in mantaining law and order in the State?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy