NEW DELHI 01 Nov, 2014: As e-commerce companies scale up their businesses dramatically, they\'re being forced to look overseas Silicon Valley in particular for people with the skills needed to fill top positions. Flipkart, Quikr, Ibibo-Group, PolicyBazaar, Urban Ladder, CBazaar, Jabong and Caratlane among others are looking to persuade highly qualified Indians and even some expats to shift base and are prepared to pay to get them on board. Such hires have worked well for Flipkart and Infibeam and they\'re keen on adding more such employees to their rolls as they expand at breakneck speed.
Online retail in India is expected to grow to $6 billion in size next year, according to research firm Gartner. \"We do believe that expats and Indians working abroad bring a different perspective in conducting and scaling the business,\" said Manu Midha, V-P of planning and strategy at Infibeam. \"We are also recruiting for overseas expansion of the platform. E-commerce in India is witnessing phenomenal growth and has become an attractive option for many techies at senior level with rich experience and knowledge to return (to India) and join the bandwagon.\" Flipkart has people with international experience in key positions across technology, retail, marketing, supply chain, corporate development and other departments.
\"If we find people that match the job profile and have a passion to succeed, we hire across boundaries as well. For an organisation like Flipkart that is looking to create a world-class experience in the Indian market, this kind of talent adds value,\" said Mekin Maheshwari, chief people officer at Flipkart.Most such hires are in their late 30s or 40s and are attracted to the prospect of coming home. While pay packets vary, annual salaries are typically pegged at Rs 1.5 crore along with stock options. If there was one event that brought home to e-commerce companies that they needed to get serious about hiring the right people, it was the $1-billion investment in Flipkart. Suddenly, they were about to move out of the shallows and into the deep ocean with such leviathans as Amazon and would need to swim or sink. The advent of the Narendra Modi government with a substantial majority also acted as a tonic, said Mayank Pande, a partner at Amrop India.