Tech startups, ecommerce companies to step up hiring in 2019

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Cash-rich startups such as Healthians, Milkbasket, Cars24, Instamojo and Mo-Engage are expected to hire 50% more people in 2019 than they did this year, while matured players like Zomato, Oyo and Swiggy are likely to increase in headcount up to 30% as they are targeting new markets, industry experts said.

“A majority of the new jobs will be in advanced technologies such as artificial intelligence (AI) and big data analytics, both of which are changing the employment ecosystem,” said KS Viswanathan, vice-president, industry initiatives, Nasscom. “Tech startups would add over 40,000 additional new jobs in 2019.” According to the industry body, the number of startups has nearly doubled since 2015 with a 55% growth in jobs in those that raised funds in 2018.

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