Walmart owned Flipkart Payment app called Phone Pe will hire up to 550 people at this end of this year 2020 aimed to exapnd Flipkart-owned digital payments platforms moves to see strong business growth in this lockdown.
PhonePe which competes with Google Play and PayTm is ready to dominate India’s growing digital payments market will starts its appraisal process this month. It will add 20-30% more people to its 1,800 as team member. This is contrast to lay off at many large internet companies in India.
In next two-three months, company have increased the pace at which were are doing the hiring. As you know, the situation is not good in the ecosystem so ready good individuals are finding themselves loosing a job. The available pool in the market looking out is something bigger said Rahul Chari, co-founder and CTO of PhonePe.
PhonePe app which offers payments through the Unified Payments Interface ( UPI ) has set up mini digital storefront for 182 brands and sells financial products on the app.
Flipkart E-commerce has combined $90 millions into its marketplace entity and digital payments platform PhonePe reported by ET Telecom in April. This is expected to company to expand 500 employees by the end of 2020.