Instamojo Technologies Private Limited: Instamojo onboards more than 50% new recruits from Tier 2 & 3 towns; Announces work from home as a permanent feature in the days ahead

• New hires from Tier 2 & 3 towns like Krishnagiri, Kolar, Dehradun and Sitapur 

• Company to give permanent WFH as a flexi option to employees

Delhi, 21st January, 2021: Instamojo, a full-stack solutions provider for MSMEs, today announced that the company has ramped up hiring and on-boarded more than 50% of its new hires from tier 2 & 3 cities and towns, across the last three months. Hiring was conducted across several verticals including tech, marketing and product teams. The company also introduced a permanent work from home flexi option where employees can choose to either work from home or office as per their convenience.

A year since the pandemic, India Inc has now become accustomed to the new normal which also introduced the trend of remote hiring. With no barriers of location, Instamojo had access to a wider pool of talent to choose from, especially for technical roles. With an employee strength of 140 people across the country, the recent hiring cycle saw new hires from Tier II and III towns such as Krishnagiri, Kolar, Dehradun and Sitapur. 

Commenting on the company’s recent hiring cycle, Akash Gehani, Co-Founder & COO, Instamojo said, “The pandemic brought in an array of changes, not just impacting the economy but the way India Inc coped too. Geographical locations were no more a barrier, and with Covid-19 changing work norms across organisations, hiring also witnessed a 360 degree shift. Candidates were hired and on-boarded virtually. While this helped us widen our access to reach the right candidates, new hires had the benefit to work out of their hometowns and continue to contribute to the company. With a current strength of around 140 employees, we are fairly well staffed and aim to end the quarter with around 160 employees.”

He further added, “Flexibility at work is an essential feature today, while employees look for options to maintain a work-life balance. At Instamojo, along with the introduction of the permanent work-from-home feature, we plan to continue following our work from anywhere policy, with our office space open and accessible to all employees.” 

With the rapidly increasing rate of digital adoption, Instamojo is on a mission to transform micro businesses into digitally independent entrepreneurs. Through the pandemic, the company introduced several products to address the timely need of small businesses that were grappling to survive, and consequently recorded a 25% growth in merchant base. Instamojo recently raised a Pre-Series C funding to expand their business and enter overseas markets. 

About Instamojo:

Instamojo is a growth gateway platform for Micro, Medium & Small Enterprises (MSME’s) that enables them to build, manage and grow their business online. It is a one-stop shop for an entrepreneur that caters to their diverse business needs by leveraging technology, data and design. Founded in 2012 by Sampad Swain, Akash Gehani and Aditya Sengupta, Instamojo early this year raised Series B funding from Gunosy Capital, AnyPay-a Japanese payments firm and the existing VCs. In November 2014, the company raised USD 2.6 million in Series A funding from Kalaari Capital, Blume Ventures, 500Startups and others. Prior to this, it had raised approximately USD 500,000 from 500 Startups, Blume Ventures and angel investors Rajan Anandan, Sunil Kalra, Shailesh Rao, Rob de Heus among others. In 2012, Instamojo was one of the first startups from India to join the prestigious 500Startups Silicon Valley Accelerator Program. It has also been featured as one of the hottest start-ups by Economic Times in 2015. Instamojo constantly works towards creating significant innovation in digital commerce, which is universally accessible to create newer opportunities & sustainable livelihoods for MSMEs.

 For more information, please contact:

< Chayanika Goswami | 9663219944 | chayanika@instamojo.com  >

< Abirami Subramaniam | 9620944496 | abirami.s@adfactorspr.com >