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Silver lining: Amid layoffs, edtech and healthcare cos look to hire fresh talent test

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Chennai: Companies witnessing a business swell due to Covid, be it edu tech or healthcare startups, are going a step further and recruiting more hands to meet the demand.

Common roles include tech and content development, to propel the marketing for the companies that are looking to capitalise on the increase in demand. The demand is high in edtech, OTT and gaming that seehigh uptake since staying at home became the norm.

Fintech firms are trying to make the most of the jump into digital payments. Raj N Phani, founder and chairman of Zaggle, a payments company with 100 employees, said it will hire over 65 employees by July. While, XPay.Life, which facilitates digital bill payment service, has started the hiring process for 50-100 people its CEO Rohit Kumar said.

Telemedicine portal iCliniq which currently has 30 employees is looking to add another 70. “The company has an urgent need for engineers. Choosing them is a difficult task, because a lot of them have been recently laid off and checking their mettle is a challenge,” said Dhruv Suyamprakash, CEO, iCliniq.

Telemedicine saw a sudden jump in people signing up for online doctor consultations. Some of the apps also forged corporate partnerships, pulling up the need for tech and sales roles. Staffing firms add that the sectors that are hiring currently are the healthcare vertical, pharma companies, besides the employers which are categorized in essential services. “We feel with the gradual opening up currently with manufacturing opening up in Non-containment zones) and IT / ITES upto 50%, the hiring will be gradual,” said Lohit Bhatia, president, Indian Staffing Federation.

Edtech company upGrad will recruit 30-50 people for its tech and content strategist roles by this quarter.

“We are already hiring and would need more in the second half of April,” said Mayank Kumar, CEO, upGrad. “For engineers, an experience of 2+ years is ideal and for mid-level non tech roles 4 years is the bar and for architects we are looking at those with 10+ years of industry experience,” said Saurya Sinha, co-founder, Recko, a fin tech firm.

(As originally appeared in Times of India – https://timesofindia.indiatimes.com/business/india-business/silver-lining-amid-layoffs-edtech-and-healthcare-cos-look-to-hire-fresh-talent/articleshow/75362316.cms)

Mr. Lohit Bhatia

President, Indian Staffing Federation

Lohit has over 23 years of corporate experience post his education, at The Army Public School, New Delhi. He specialized in Computer science at school and followed on to graduate with Economics Honors from Delhi University. After graduating from DU, Lohit completed his MBA from The Apeejay School of Marketing in 2007. Post his education he has worked over 10+ years in the manufacturing industry ( Textiles and Auto Components). Here he was instrumental in establishing and leading one of India’s largest Auto component export unit at the Noida Special Economic Zone. Moving on after the 11 years of manufacturing experience, he has worked in the Service Sector for the last 13 years. Starting with the Search and Recruitment Industry, he was later appointed by Quess Corp Ltd, ( erstwhile Ikya Human Capital Solutions Pvt ltd in 2010 ) , as GM ( North & East – Staffing Solutions ). During the past 10 years he has grown the Staffing business over 20x in HC and revenue terms from a base of nearly 12500 back then to over 250K currently. Today, Lohit is President ( workforce management ) and heads Staffing in India and APAC region, servicing over 1500 clients, with 270K+ associates. During this period of 10 years Ikya went on to become Quess Corp Ltd , raised funds from long term investor Fairfax financial Canada and went on to become one off India’s largest IPO in 2016 Today Quess Corp Ltd is India’s Largest Private Sector employer with 385,000 employees. Lohit has been part of all key leadership decision making as well as coordination with various Corporate bodies representing the company with CII , FICCI , Niti Aayog , and various ministries in his capacity as both representing of largest Private sector employer and based at Gurgaon , Delhi NCR.