Paytm To Recruit Over 1000 People Including Data Scientists Amid Pandemic

As per reports, Paytm is looking to hire over 1000 engineers, data scientists and financial analysts in its team among other tech and non-tech roles, over the next few months. Paytm is one of the few companies that is carrying extensive hiring amid the global pandemic.

The company said that they have ramped up their recruitment for multiple roles including technology and product management as they aim to expand its finance and wealth management services.

The company has been aggressively looking to expand into domains such as lending, insurance, wealth management and offline payments. The hiring will help fuel its growth strategy.

"Our talent management strategy is to have an agile set of processes and procedures to attract, onboard, develop, and move talent to achieve the strategic objective and key results," told Rohit Thakur, CHRO, Paytm to media.

The company is looking to hire across its operations in New Delhi (NCR), Mumbai and Bengaluru. It is also looking to bring over 50 senior-level executives in Vice President and above roles to bolster its leadership.

In April the company had said that they are looking to hire 500 people, and this 1000 is an addition to that. The company claimed that they have been conducting interviews and inductions even during lockdown.  

"We are building India's largest consumer internet and financial technology platform that requires more talent. This year, we are aiming to add additional 1,000 colleagues to our different business verticals to build and scale innovative products for the masses," Paytm Vice President Narender Yadav said.

Paytm had last year announced its plan to invest ₹500 crore in early startups who have capabilities to augment the digital ecosystem for the next wave of growth. It had said that the focus will be on artificial intelligence-based technology and big data solutions for new innovations which in turn will generate a workforce.