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Snapdeal to hire 1,000 in next two quarters for regional push

Read more at: http://economictimes.indiatimes.com/articleshow/46589117.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

MUMBAI: E-commerce firm Snapdeal plans to hire 1,000 employees - who know particular geographies well - for their regional centres in the next two quarters, in an attempt to help the company stay closer to local sellers.

Each centre will have an M&A and an accounting team and around 500 employees will be hired in both groups. "We will follow the hub-andspoke model and these employees will go and get the merchants from local markets," says Saurabh Nigam, VP - HR.

Hiring will be centrespecific, so Chennai and Hyderabad in the South; Jaipur, Jalandar in the North; Surat, Ahmedabad and Pune in the West and Kolkata in the East are some of the regions identified. Snapdeal has created recruitment teams for each centre and even roped in hiring agencies for the local hiring.

Those with experience in sales will be on the company radar in these regions. As of now, 300 such employees are on board and the rest will be completed in next two quarters, adds Nigam. The company has a workforce of around 5,000 employees and is one of the largest recruiters in engineering and management campuses from the e-commerce industry.

Co-founded by Kunal Bahl and Rohit Bansal, the e-commerce firm, along with Flipkart and Amazon, form the holy trinity in India's $12-billion online shopping market.

Besides Softbank injecting $627 million last October, Snapdeal's investors include eBay, BlackRock, Ratan Tata, PremjiInvest, the personal investment arm of Wipro Technologies chairman Azim Premji, hedge funds Myriad Asset Management and Tybourne Capital.


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