E-commerce firm Snapdeal plans to hire 1,000 employees - who know particular geographies well - for their regional centres in the next two quarters, in an attempt to help the company stay closer to local sellers.
Each centre will have an M&A and an accounting team and around 500 employees will be hired in both groups. "We will follow the hub-andspoke model and these employees will go and get the merchants from local markets," says Saurabh Nigam, VP - HR.
Hiring will be centrespecific, so Chennai and Hyderabad in the South; Jaipur, Jalandar in the North; Surat, Ahmedabad and Pune in the West and Kolkata in the East are some of the regions identified. Snapdeal has created recruitment teams for each centre and even roped in hiring agencies for the local hiring.
Besides Softbank injecting $627 million last October, Snapdeal`s investors include eBay, BlackRock, Ratan Tata, PremjiInvest, the personal investment arm of Wipro Technologies chairman Azim Premji, hedge funds Myriad Asset Management and Tybourne Capital.