Tuesday, October 21, 2025
spot_img

Revolut starts India operations, will hire 300 People in HR, finance, etc

spot_img
- Advertisement -

Revolut starts India operations, will hire 300 People in HR, finance, etc

UK-based Fintech firm, Revolut will hire 300 staff for its subsidiary in India and make a multi-million-pound investment there as part of its global expansion, the British-based digital bank app said on Thursday.

The company also has appointed Paroma Chatterjee as its India chief executive officer. Chatterjee was formerly the chief business officer at LendingKart, and has also held top roles at Flipkart and Airtel Money previously.

“Revolut is hiring in human resources, finance, growth, marketing, and other functions as it bases support for its global operations from its Indian subsidiary,” it said.

Revolut deals with money transfer and exchange, stock trading, wealth management, loans, peer-to-peer payments and even cryptocurrency trading, which will not be offered in India.

The company raised $500 million in a funding round at a valuation of $5.5 billion in early 2020, and according to media reports this month is seeking a further funding round that could double that valuation.

Founded in 2015 by former Credit Suisse trader Nik Storonsky and software developer Vladyslav Yatsenko, Revolut has since attracted more than 15 million retail customers with products including currency exchange, debit cards and stock trading.

The company said in March it had completed the first step to apply for a U.S. banking license, and is launching its services for businesses across 50 states.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Tata Group top execs to take up to 20% salary cut

Tata Group top execs to take up to 20%...

LocoNav appoints Manav Jain as CHRO

The world’s fastest-growing AI-driven full-stack fleet tech company, LocoNav...

Walmart to scrap quarterly bonuses as it raises wages

Walmart Inc said on Thursday it was phasing out its...

Toyota Kirloskar Motor announces leadership changes

Toyota Kirloskar Motor Pvt Ltd (TKM) has announced a...

Central government may implement 4 labour codes by FY23

The four labour codes on wages, social security, industrial...

Hiring falls 19% for white collar jobs in India in July 2023

According to the Naukri JobSpeak Index report released on...

In conversation with Dr. Aquil Busrai on the future of L&D

Dr Aquil Busrai is a Gold Medallist from XLRI...

Accenture is hiring for various roles in India including freshers & HR

Information Technology and Consulting company Accenture is on a hiring spree...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/