In its massive recruitment drive, Paytm Mall is looking to hire around 5,000 college graduates. Paytm Mall, owned by Paytm Ecommerce Pvt. Ltd, on Friday, started its the second edition of the Campus Icon programme.
Paytm Mall’s five-week programe is designed to help students to enhance their vocational capabilities. The participants will be assigned a variety of exercises in technology, marketing and sales which will enhance their capabilities.
Paytm Mall will announce the names of top performers on October 10 at its Delhi-NCR campus. The winners will be awarded the cash prize up to Rs 1 lakh with a full-time job at the Paytm Mall. The program was first launched in 2017, in its first edition, it hired around 2,200 students.
“The inaugural edition of our Campus Icon Programme turned out to be a great success with students participating from thousands of colleges across the country. This year, we plan to reach out to even more students — making Campus Icon one of the largest Campus-connect programmes in India,” told Amit Sinha to IANS, Chief Operating Officer – Paytm Mall.
“With this programme, we want to create a unique learning experience for the next generation of young professionals and help them in harnessing their skills and showcasing talent,” Sinha added.
Earlier in April, Paytm Mall has raised close to Rs 2,900 crore. An aggregate amount of $400 million (about Rs 2,600 crore) has come from SB Investment Holdings (UK) and its affiliates (including SoftBank Vision Fund) and another $45 million (about Rs 292.5 crore) has been pumped in by Alibaba.com Singapore E-commerce, the company said in the regulatory filing. The funds will be pumped into the company in multiple tranches.
Amit Sinha said the latest investment lead by Softbank and Alibaba reaffirms the strength of the company’s business model, growth trajectory, execution capability and the potential of India’s massive O2O model in the retail space. “We are committed to increasing the business growth for the offline merchants, who serve their customers’ daily. The funds will be deployed for empowering the shopkeepers with technology, building superior logistics, strengthening the Paytm Mall brand and bringing an enriching experience to the customers,” said Sinha.
This deal, industry experts said, values Paytm Mall at around $2 billion and gives Paytm’s online shopping venture more financial muscle to take on giants like Flipkart and Amazon.