Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
June 19, Tuesday 2018 5:49 PM       

       HEADLINES: Important info in box found near Jasna's house                                              Strong action against ADGP's daughter if her complaint is fake: Behera                                              Dubai based NRI held for threatening to kill Pinarayi                                              Govt encouraging slave labour, says Chennithala                                              Students fall off school van, injured                                              Minister hospitalised on day seven of strike                                              Four Assam rifles jawans killed in Nagaland                                              Delhi HC asks who authorised Kejriwal's sit-in at LG's office                                              Three killed, 100 injured in Japan earthquake                                              Iran's president to visit Switzerland, Austria amid nuclear deal row                                              Messi regrets missing penalty against Iceland                                              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
WhatsApp Payments to be rolled out soon: here is how it's different from competition  
Ayushman Bharat: Only half the states ready to launch scheme on August 15; UP Bihar & West Bengal not prepared yet  
Audi boss arrested over diesel scandal  
India, US officials to meet soon to discuss concerns of both sides: Prabhu  
Rupee dives to 3-week low at 68.01 on macro-liquidity shocks  
Gold rises on mild demand, silver surges for 8th session  
AFT directs govt to remove anomaly in HRA  
Grand Finale of Smart India Hackathon from June 18-22  
GST refund drive extended till June 16  
Ind-Swift Laboratories raises Rs 424.5 crore via NCDs  
RBI needs more powers to oversee PSB: Guv to panel  
RBI Guv appears before Par panel; assures steps to strengthen banking system  
India decision to increase tariff on apples to hit US growers, say Congressmen  
Snapdeal launches special store for Father's Day Gifting  
RBI releases June '18 issue of monthly bulletin  
'Trying to complete bullet train project by 2022'  
Moily honoured with 'special award' by Chennai-based NGO  
Assocham for implementation of guidelines on direct selling by states  
SBI expects Rs 30,000cr recovery from resolution under IBC  
Google will not develop AI for use in weapons: Pichai  
Economic growth may cross 8% in next 2 yrs: Prabhu  
RBI policy seems positive for growth revival: FICCI  
Bajaj Finance Limited offers health insurance on no cost EMI  
RBI gives big relief to MSME sector  
Growth indicators suggest economic revival: RBI  
 
Do you think electric bus will be a success in Kerala?
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