Startups made a big recruitment in top IIMs.


A survey done by leading news paper Economics Times, shows that startups and some lesser known firms made the most as big employer brands slashed hiring at the country’s top B-schools by 19% this year.
Online gaming site “Zynga” picked 16 students from Indian Institute of Managemeant(IIMs) , including Ahmedabad, Bangalore, Calcutta and Kozhikode.
It was the first time when Zynga made any recruitment from IIMs for a specific role : Product Manager.
E-retailer giant Flipkart recruited 6 graduates from IIM-Bangalore.
Flareum Tech, a little known clean energy startup (Earlier Gadhia Solar) roped 35.
SuperMax(Headquartered in Dubai), manufacturers of razor blades, hired 14 grads from IIM-A and 12 from IIM-B.
Mumbai based real estate firm Lodha Group recruited 7 from IIM-B.
Big brands such as ICICI Bank, Infosys, Cognizant, Deloitte and P&G hired fewer numbers this year from the 16 B-Schools, says ET study.
Total hiring by the top 10 recruiters in the 2012 placement season dropped to 673, down from 829 students hired by the top 10 recruiters of 2011- a 19%drop.
While all the five biggest employers hired more than 100 each from these institutes last year, none managed to cross the mark in 2012.
Source : Economic Times, Delhi (14 June 2012)

Mohit Bansal(23) is B.Tech in Electronics and Communication Engineering from Indian School of Mines, Dhanbad, India. He has interest in business and entrepreneurship and has published couple of research articles. He is also associated with various NGOs. He is with Techaloo when it was just in concept stage. The Techaloo site was not existing even then. Currently Mohit is working with Mu Sigma as a Business Analyst Profile.

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