Paytm to hire 400 employees in 2014-15

Image
Press Trust of India New Delhi
Last Updated : May 22 2014 | 2:55 PM IST
Mbile commerce firm Paytm is planning to hire as many as 400 people in the current fiscal, mostly at middle and senior level, as a part of its expansion plans.
A major portion of the hiring will be for its office in the national capital region.
Set to achieve a target of 10 million orders per month in the coming period, the mobile commerce player today said it "has already made 100 new appointments in the last quarter and has plans of accelerating operations and hiring 400 more employees in this financial year".
"Campus recruitment will be done in the last quarter of this calendar year," Paytm CEO Vijay Shekhar Sharma said in a statement.
"The new talent will contribute to the overall wave of expansion that the Paytm is set to ride on," he added.
According to the company, it is hiring people for various functions including engineering, design, sales, marketing, product and business roles.
Around 300 employees will be hired for middle and senior positions, it added.
While the hiring would take place across Paytm offices in India, a major portion of the talent pool would be placed at its headquarters in the Delhi-NCR region, it said.
Paytm started its journey in 2009 by offering mobile recharge and utility bill payment services and today offers a full marketplace to consumers on its mobile applications.
Since it began operations, Paytm has scaled to over 8 million orders a month while its "mobile wallet" is used by more than 6 million users to pay for various services.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 22 2014 | 2:55 PM IST

Next Story