Eleven startups are keeping their eyes wide open at the graduating batch of 2016 to hire their next set of fresh talent. They are aiming at engineering and B-school campuses to take in an overall 770 students this year — a definite boost if compared to the 250 students that were recruited in 2015.
The startups that will be going for campus sessions this time include the likes of ShopClues, LocalOye, Urban-Clap, Prop- Tiger, Indus Insights, MyRefers, CodeNation, Embibe, Jombay, Lybrate and ShadowFax. Among these, Lybrate, LocalOye and ShadowFax are first-timers in on-campus hiring.
Radhika Aggarwal, co-founder and CBO of online marketplace ShopClues says, “By infusing fresh talent in the organisation, we wish to bring innovation and newness in our working style.”
First-timer LocalOye plans to hire 50 students while healthcare communication and delivery platform Lybrate aims for 25, of whom 15 will be IITs. MyRefers, Embibe and Jombay are targeting 25-35, 25 and 50 recruits respectively.
Openings in the startups involve a wide variety of designations like software development engineers, core management and 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, depending on the size of the organisations. College campuses reveal Rs 12 lakh and Rs 18 lakh as the average. CodeNation offers a package of up to Rs 24 lakh.
Colleges that are participating in this recruitment process are the Indian Institutes of Technology, National Institutes of Technology and Indian Institutes of Management. The undergraduate college list includes Shri Ram College of Commerce, Lady Shri Ram College and St Stephen&’s, and design schools such as the National Institute of Design and National Institute of Fashion Technology.
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.”
Startups are targeting top engineering and B-schools for lucrative on-campus recruitments.