PhonePe plans to fill 700 vacancies in the next few months

Digital payments platform, PhonePe is looking to fill 700 open job positions in the coming few months, as per reports, owing to the business growth on account of the increased usage of digital payment platform due to the coronavirus pandemic.

Manmeet Sandhu, Chief People Officer, PhonePe told to ET – “We have over 700 open positions which we aim to fill. We are hiring across functions in line with our business strategy and needs. In addition to this, we will be looking to expand our rural network which will involve leveraging locally available talent to service this network. We are still in the process of closing out the numbers for next year, but our growth trajectory will likely continue at the same rate.”

The fresh hiring will be for roles such as business development, product management, merchant acquisition, marketing, finance, legal etc.

She added – “During the lockdown, we have had employees joining us remotely and their induction and onboarding were done virtually without any hitch. This will involve creation of 10,000 jobs across 5,500 talukas wherein people will be hired from the locally available talent pool to service our merchants’ network. With increased value creation in the fintech sector and consequently the increased opportunities we see there is a need for people in a variety of roles.”

With total employee strength of 2,200, the Walmart-owned firm has onboarded 500 people across various roles since the end of February, amid the pandemic and its induced lockdowns.

Along with hiring, the company also aims to augment its offline merchant network from 13 million across rural and semi-urban areas to 25 million by the end of 2021.

-AK

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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