Asia Pacific Japan Changing Traditional Technologies Chief Human Resources Officer Chief Information Officer Commerce Platforms FMCD Free Insights Greyhound Snippets Media Mentions Managed Services

Snapdeal & Flipkart Race For Acqui-hiring

Both will acquire 50 companies this year, prompting PayTM and Amazon to draw up similar plans.There is a dearth of talent in India, more so on the engineering side because only 10 pe rcent of the Indian engineers are employable. Snapdeal and  Flipkart, having realised that training engineers is expensive and can also take time, are on the lookout for startups to boost their engineering skills.

“This is a good move because it allows them to find ready talent. But the question is how many entrepreneurs are ready to sell,” says Sanchit Vir Gogia, CEO of Greyhound Knowledge Group.  Twitter_logo_blue

This is true today because many entrepreneurs feel that they can raise money in the market and resist being bought by large companies. However Flipkart and Snapdeal need these company founders to run large teams and are going all out to “make them an offer they cannot refuse.”
To read the Full Article, click here: Business World

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s