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Snapdeal to increase its workforce - plans to hire 500 people in 6 months
Snapdeal to increase its workforce - plans to hire 500 people in 6 months
By: iMedia News Bureau

Snapdeal, a leading ecommerce player has decided to increase its workforce by hiring 500 people over next six months.

Talking about the hiring Snapdeal Chief Executive Director Kunal Behl said, "We have seen 80-90 per cent growth in traffic month-on-month over the last three quarters. We have been gradually increasing the pace of hiring and over the next six months, we will add about 500 people,"

The company which was launched in February 2010 has a workforce of about 1000 people at present. The additional hiring of 500 will be mainly done in the areas of engineering and analytics. Snapdeal which claims to have 15 million users was founded by Kunal Behl and Rohit Bansal and is currently headquartered in Delhi.

“Given the competition in the e-commerce space, what would differentiate one player from the other would be the customer experience both while online and offline. The focus on analytics and platform will help us provide that experience,” Mr Behl said.

According to a white paper by First Data Corporation and ICICI Merchant Services, the domestic e-commerce market is expected to touch Rs 50,000 crore in 2011 from Rs 19,688 crore in 2009. With over 100 mn Internet users India is a lucrative market for retailers and they are vying for the customer’s attention with the widest range of products.

Mr Behl added, “We have received some proposals. We would look at companies, which offer us a good technology platform or a very good team. There is no firm plan but we are looking at options,”

There has been an exponential growth in the e-commerce market with hundreds of online stores mushrooming daily. The e-commerce players are not only from India but companies from overseas like Amazon and eBay are also major players in the e-commerce market.