Global Talent Moving to Startups in India
Startups in India are attracting global talent. Global talent is leaving well paid, high-flying careers to join startups. Startups are fashionable.
Economic Times reports that It is not just the Unicorns (startups with billion-dollar-plus valuations), but a fair sprinkling of younger and smaller ventures are also attracting top global talent back to India. A bunch of senior executives is quitting high-flying careers abroad to join smaller startups such as Edureka, OYO Rooms, Urban Ladder, Faaso's and Housing.com in India. In June this year, Durgesh Kaushik quit as head of online marketing (Asia-Pacific) at Facebook and left Singapore to join Bangalore based startup Edureka as chief marketing officer. In the same month, Ajit Pandey, earlier with IBM in the UK, relocated to India to join Mumbai-based Loanstreet as chief technology officer.
In mid-August, Supriyo Roy, previously the lead, design and experience, at New York-based startup Spangle came on board at foodtech startup Faaso's as head of design, user experience and interface. And at real estate listing portal Housing.com, UPenn graduate Jason Kothari, earlier the co-founder and CEO of Valiant Entertainment, was brought in as chief business officer in August to drive overall strategy and growth. Since last November, Housing has also hired Rachel Steinberg as vice-president (product) and Paul Meinshausen as vice-president (data sciences).