Startups Eye Top Engineering and B-Schools for Requirements


BENGALURU:  Eleven startups are keeping wide eyes open at the graduating batch of 2016 to hire their next set of fresh talents. They are aiming engineering and B-school campuses for an overall hiring of 770 students this year. The number is a definite boost if compared to the 250 students who were recruited in 2015.

The startups that will be going for campus sessions this time include like ShopClues, LocalOye, Urban-Clap, PropTiger, Indus Insights, MyRefers, CodeNation, Embibe, Jombay, Lybrate and ShadowFax. Among these Lybrate, LocalOye and ShadowFax are first timers in on-campus hiring.

Radhika Aggarwal, cofounder & CBO of online marketplace ShopClues comments "By infusing fresh talent in the organization, we wish to bring innovation and newness in our working style."

The first timers LocalOye plans to hire 50 students. Healthcare communication and delivery platform Lybrate aims for 25, of whom 15 will be IITs. MyRefers, Embibe and Jombay targets 25-35, 25 and 50 recruits respectively.

Openings in the startup ranges a wide variety of designations like software development engineers, core management & data scientists, product operations and marketing, merchant acquisition and servicing, human resource management, product and graphic designers and also entrepreneurs in residence.

Salary packages of these startups vary upon the size of the startup. College campuses reveal Rs 12 lakh and Rs 18 lakh as the average. CodeNation offers upto Rs24 lakh package.

Colleges that are participating in this recruitment process are Indian Institutes of Technology, National Institutes of Technology and Indian Institutes of Management. The under graduate college list includes Shri Ram College of Commerce, Lady Shri Ram College and St Stephen's, and design schools such as National Institute of Design and National Institute of Fashion Technology.

A Mumbai-based angel investor, Sanjay Mehta explains why this startup campus hiring is going viral. In his words, "Most startups are tech-driven and moving at a rapid pace. Rather than take on an experienced programmer who has worked more on project management than coding and has to unlearn most things, fresh-off-campus talent is brought in to use their innovation on new-gen tech."

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