Razorpay to hire 650 more employees
After witnessing a 3x business growth in 2020, India’s recent FinTech Unicorn, Razorpay, is now creating job opportunities for over 650 employees to meet the ever-evolving payment and banking needs of SMEs and Freelancers. The fintech giant’s primary focus will be on expanding the Engineering, Product, Customer Experience, Sales, and Marketing teams, across levels.
Chitbhanu Nagri, Senior Vice President - People Operations, Razorpay said, “With the rising adoption of digital payments during COVID-19 and thousands of businesses going online for the first time, there's a lot of scope for interesting innovations in business payments now, something that Razorpay employees have been actively working on. This story of innovation and disruption will continue and grow stronger in the next few months and hence our hiring plans are being driven by more investment in product development, customer experience and new additions to the existing product suite so that we cater to the ever-evolving payment and banking needs of SMEs & MSMEs.”
He further added that the new team members will come with a new set of ideas, relentless enthusiasm and an undying passion to ensure the firm stays at the top of the game and continues to put customer experience and convenience before everything else.
“We are excited and looking forward to 650 more people joining us as we together work towards servicing the next 5Mn businesses by 2022,” he said.
Of the 650 new positions for both freshers and lateral hires, 350 will be towards expanding the engineering and product teams, and the rest will form the Customer Experience, Sales, and Marketing forces.
The hiring activities come as the global pandemic has been a turning point for offline businesses and consumers. Within a year, the company witnessed an 80% increase in the demand for digital payments and the need for digital financial processes, forcing offline companies to move online. Razorpay currently powers payments for over 5 Mn businesses, including Facebook, Airtel, BookMyShow, Ola, Zomato, Swiggy, Cred, ICICI Prudential among others, and is all set to reach 10 Million businesses by next year.
Razorpay’s strength stands at 1300 employees, and in the last year, the company has hired over 550 employees and has also created cross-functional growth opportunities for its existing employees. Meanwhile, the employees will continue to work remotely for the next few months.