Walmart-owned fintech major PhonePe on Tuesday said it plans to more than double its total employee strength to 5,400 across India by the end of this year from the existing 2,600.
Digital payments platform PhonePe will hire across levels and functions for engineering, product, analytics, business development, and sales teams.
There are about 2800 open job positions that the company is planning to fill in the next 12 months across Bangalore, Pune, Mumbai, Delhi, and the rest of the country.
The firm also claims that it has lower attrition rates as it offers a remuneration package higher than the market standard, and gives wealth creation opportunities to all employees through ESOPs (Employee Stock Ownership Plans).
“There are about 2,800 open job positions that the company is planning to fill in the next 12 months across Bengaluru, Pune, Mumbai, Delhi, and the rest of the country,” Phonepe said, adding that hiring will be across levels and functions for engineering, product, analytics, business development, and sales teams.
“We are building a long-term sustainable organization, anchored on technology, and unlocking value for all. We are proud that PhonePe has emerged as the employer of choice for smart, ambitious people who are keen on creating outsized impact. The company offers the opportunity for people to learn and grow by getting to work on some of the most complex problems in the industry,” Phonepe’s HR head Manmeet Sandhu said.
PhonePe has also recently announced the launch of Mothers@PhonePe aimed at providing flexibility to mothers so they can come back to the workforce when they are ready.
PhonePe is also investing in PhonePe University which helps engineers upgrade their skills.
PhonePe has digitized over 27 million offline merchants spread across Tier II, III, and IV cities and beyond, covering 99 percent of pin codes in the country.
The company entered financial services in 2017, providing users with the option of buying 24-karat gold, and recently launched silver on its platform.