Flip­kart Bets Big On Sum­mer In­terns, 63 Join in Two Months

The Economic Times - - Career & Business Life - DEV­INA SEN­GUPTA

On­line re­tailer Flip­kart is on a spree to hire sum­mer in­terns, both from In­dia and abroad. The num­ber of stu­dents in­tern­ing at Flip­kart has risen to 108 this year from 37 in 2012. In all, 63 non-tech in­terns have joined the on­line re­tailer in April and May. Of this, 60 are from In­dia. Three stu­dents are from Leeds Univer­sity, Lon­don, IE Busi­ness School in Spain and Nether­lands-based HAS Univer­sity who in­terned for 8-10 weeks study­ing sup­ply chain man­age­ment and re­tail. The 60 man­age­ment stu­dents from In­dia be­long to IIMs, Fac­ulty of Man­age­ment Stud­ies, Univer­sity of Delhi (FMS), Man­age­ment De­vel­op­ment In­sti­tute (MDI), SP Jain In­sti­tute of Man­age­ment and Re­search, In­dian In­sti­tute of For­eign Trade (IIFT) and Na­tional In­sti­tute of In­dus­trial En­gi­neer­ing (NITIE). The Ban­ga­lore-based com­pany also hired 45 en­gi­neer­ing stu­dents from BITS and IIIT who will start work in July. “In the last two years we have scaled our busi­ness, cam­pus hires, and even in­tern num­bers have shot up. The in­ter­na­tional stu­dents in­tern­ing with us have ap­plied on their own,” says Mekin Ma­h­eswari, chief people of­fi­cer, Flip­kart. Last year the com­pany took in 101 in­terns in all. This in­cludes 53 B-school stu­dents for man­age­ment and 48 stu­dents for tech­nol­ogy-based profiles. There was a stu­dent from Whar­ton School of Univer­sity of Penn­syl­va­nia and SDA Boc­coni, Italy learn­ing the ropes of the re­tail sec­tor in the com­pany.

In­tern­ships for com­pa­nies across sec­tors have be­come a pre­ferred method of test­ing prob­a­ble em­ploy­ees. Rather than fac­ing res­ig­na­tions from stu­dents, few months af­ter cam­pus place­ments, com­pa­nies pre­fer to study them

The Ban­ga­lore -based com­pany also hired 45 en­gi­neer­ing stu­dents from BITS and IIIT who will start work in July

dur­ing their in­tern­ship pe­riod be­fore mak­ing an of­fer. “A large num­ber of these stu­dents will get pre-place­ment of­fers (PPOs),” added Ma­h­eswari. Flip­kart has be­come one of the largest re­cruiters at cam­puses. Last year, the com­pany rolled out 57 PPOs and this year num­bers should be sim­i­lar, al­though it is too early to pre­dict, Ma­h­eswari added. Flip­kart with its man­power of 10,000 (in­clud­ing con­tract and sup­ply chain) has been on a hir­ing spree across lev­els in the last few years. At IITs, the mul­ti­cat­e­gory re­tailer of­fered 118 stu­dents jobs from batch 2014. At B-schools Flip­kart of­fered 50-55 stu­dents a job and 3035 of such of­fers were made at IIMs this time. It has also added to its cof­fers last year by rais­ing $360 mil­lion in two rounds and was val­ued at $1.6 bil­lion in July last year. ET re­ported in May that the com­pany is in fi­nal talks to buy ri­val e-com­merce firm Myn­tra for $400 mil­lion (.`2,400 crore).

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