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Startups fire up hiring engine in hunt for senior executives

Economic Times

Economic Times · 25d ago

Startups fire up hiring engine in hunt for senior executives

Startups in India, boosted by recent funding, are increasing senior-level hiring, seeking leadership talent for growth. Firms like Snabbit and Battery Smart are actively recruiting experienced leaders across various functions and sectors to drive expansion and innovation. Established players like Flipkart and PhonePe are also hiring for critical and replacement roles, particularly ahead of IPOs. The hiring uptick is attributed to reasons such as funding, upcoming IPOs, and the rise of AI-first approaches.

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Bringing In The Grown-Ups: When Do Startups Need Seasoned Leaders?

Inc42 · 1y ago

Bringing In The Grown-Ups: When Do Startups Need Seasoned Leaders?

Hiring senior leaders in a startup is crucial as the company grows and enters different stages of development. In the early stages, founders' vision and passion are enough, but as the startup gains traction, experienced leaders become necessary for scaling operations, securing funding, and managing a growing workforce. Indicators for hiring senior leaders include exponential growth, expanding product lines or entering new markets. Factors to consider when hiring include aligning with company goals, cultural fit, strong leadership skills, and diversity. Financial constraints can be balanced by offering equity compensation, leveraging advisors, or interim executives. Ultimately, startups must find the right balance between experience and maintaining their unique culture.

AI talent war heats up in Europe

Economic Times

Economic Times · 1y ago

AI talent war heats up in Europe

The battle for AI talent in Europe is intensifying as a growing number of AI startups attract investors and set up offices in the region. Google DeepMind, once a dominant player, is now facing competition from well-funded rivals and losing some of its own employees. To retain talent, DeepMind has reportedly offered restricted stock to senior researchers. Other AI companies in the region, such as Cohere and Anthropic, are also aggressively hiring talent, resulting in a significant increase in pay for executives. Startups are attracting talent from larger tech companies by offering more influence and a stake in the company's success.

Tata Digital loses another senior executive

Economic Times

Economic Times · 1y ago

Tata Digital loses another senior executive

Rajiv Subramanian, head of the travel business at Tata Digital's ecommerce superapp Neu, has resigned, adding to the list of senior-level departures at the firm. Subramanian was formerly the head of travel firm Cleartrip before joining Tata Digital in November 2021. This comes as part of a pattern of churn within the Neu team, following aggressive hiring by former Tata Digital President Mukesh Bansal and delays in allocating stock options to senior executives. Tata Digital is preparing for an external fundraise next year, with potential plans for a $1 billion infusion.

Senior executives exit startups to the safe shores of big local business groups

Economic Times

Economic Times · 1y ago

Senior executives exit startups to the safe shores of big local business groups

Senior executives are leaving startups to join established local business groups, seeking stability and established growth paths. The trend highlights a shift in talent movement from startups to more established companies, driven by the appeal of established infrastructure and resources. This migration underscores the ongoing evolution of the startup landscape and the allure of established corporate environments amid market uncertainties. Since September 2022, about 750 senior executives (CXOs and CXO-1) out of about 5,000 top professionals (with more than Rs 1 crore salary) exited unicorns and soonicorns.

Startups, SMEs increasingly covet so-called fractional CXOs

Livemint

Livemint · 1y ago

$Startups, SMEs increasingly covet so-called fractional CXOs$

Fractional CXOs, experienced executives working part-time with multiple companies, are in high demand among startups and SMEs in India. The trend has grown notably in the last two years, with a 10-12% increase in hiring fractional CXOs observed by HR consulting firm Randstad. These executives offer flexible expertise in domains like finance, marketing, and strategy, and are sought after for their ability to fuel growth and provide specialized skills. They bring financial discipline to startups and fill the gap in areas like finance, marketing, and technology.

OYO executives meet SEBI to speed up IPO approval: Report

Inshorts · 1y ago

OYO executives meet SEBI to speed up IPO approval: Report

OYO's senior executives recently met SEBI officials to speed up its IPO approval process, The Economic Times reported. The executives reportedly informed SEBI about a partial pre-payment of $200 million of its outstanding Term Loan B and the positive outlook of Moody's and Fitch. OYO indicated that market conditions are conducive for an IPO, the report said.

'Product validation, certification centres to push electronics making'

Economic Times

Economic Times · 1y ago

'Product validation, certification centres to push electronics making'

A task force in India is expected to recommend the establishment of product validation and certification centers for electronics startups and small businesses, which would enable them to test their products against global standards. The committee, formed to enhance domestic electronics manufacturing capabilities, is also considering proposals to attract global certification agencies to set up units in India and provide feedback to these startups and businesses. The task force, chaired by the principal scientific advisor to the government, includes senior industry executives and government officials from various departments. It aims to position India as a product developer and manufacturing nation.

AI-ML hiring grows 25% in May, IT sector sees 5% decline: Report

YourStory

YourStory · 1m ago

AI-ML hiring grows 25% in May, IT sector sees 5% decline: Report

In May 2025, hiring in the Artificial Intelligence and Machine Learning (AI/ML) sector grew by 25% year-on-year, while the broader IT sector saw a 5% decline, according to the Naukri JobSpeak report. Despite the overall stable job market, AI/ML hiring increased, particularly in major cities and senior professional demand. Real estate and insurance sectors showed growth, while retail, telecom, and banking hiring decreased. Cities like Hyderabad and Kochi exhibited hiring increases, driven by senior-level roles.

VC money follows startups led by execs from Meesho, Swiggy

The Arc Web

The Arc Web · 1y ago

VC money follows startups led by execs from Meesho, Swiggy

Senior executives from several prominent companies including Swiggy, Meesho, Flipkart, and Xiaomi have launched their own startups that are currently in the ideation phase. These executives have managed to secure venture capital investments ranging from $1 million to $7 million, as investors place their bets on their experience and expertise. The startups cover various sectors such as fintech, AI, sports-tech, agritech, proptech, ecommerce, consumer goods, credit-on-UPI, systematic trading, robotics, and supermarket chains. This trend highlights the growing entrepreneurial spirit among seasoned professionals in the Indian startup ecosystem.

Meet the executives who donned the founder hat

Economic Times

Economic Times · 1y ago

Meet the executives who donned the founder hat

In 2023, despite tightening liquidity and investment drought, several senior executives in technology and product domains took the leap into entrepreneurship. Many of them explored fintech, healthcare, and AI. Capital availability for early-stage ventures and the limited growth prospects at unicorn companies were the driving factors. Executives who made the move include former Flipkart SVP Prakash Sikaria, Swiggy CTO Dale Vaz, and Axis Bank executive Siddharth Mehta. Others like Amit Velingkar, Vinay Shivappa, Sanjay Suri, Harsh Mittal, and Santosh Vaidyanathan are silently building their startups.

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