Flipkart to hire 1,200 people in 2017: Start-up sector to get a boost

Loss of investor confidence in Flipkart last year sparked off a chain reaction in startup sector

India’s largest e-commerce marketplace Flipkart is returning to the job market with an intent to hire 1,200 people this year, potentially sparking the revival of confidence in India’s start-up sector.

Seen as a torchbearer, the loss of investor confidence in Flipkart last year sparked off a chain reaction in India’s start-up sector. Now flush with $1 billion in fresh funding, albeit at a lower valuation, the company’s narrative could have a positive effect on India’s ecosystem.

“In 2017-18, we are certainly looking to increase the headcount by 20-30% higher than the previous year,” Nitin Seth, Chief Operating Officer at Flipkart,