Mumbai: Head hunters from start-ups are usually elbowed out by the bigwigs during placement season at Indian Institutes of Technology, when fancy compensation figures win the day. But this time, it’s a different story.
Of the 600 students graduating from IIT-Bombay this year, more than 140 have signed up for interviews to be taken by new venture firms on Sunday.
Sixteen of these young firms, including Maharaja Games, Pagalguy.com, IWeb, Hidden Reflex, Redb-us.in, Zice and Naaptol.com, landed at the Powai campus on Saturday. And, their aim was to convince the freshers of how important they would be for the development of these newventure groups.
Cyrus Vesvikar from the institute’s entrepreneurship cell said, “IIT-Bombay students placed in these start-ups will be directly absorbed in the core teams of the companies, which will offer them an opportunity to take decisions at the highest level and face the toughest of challenges, something that a big firm will not let them do at the beginning.”
Akash Dongre, COO of Mofirst, said, “Freshers will become industry-ready right from the first day as they will face the toughest of the challenges. We basically save the time big firms spend on training.’’
For the start-up firms, Vimal Shah, head of Animedia said, having IIT students work there would definitely enhance their performance.
And to top it all, the startups are offering not just toplevel posts to the freshers, but also quite a decent compensation package. “This year, we plan to get almost 40 students placed in new firms. That would be tough considering that most of the freshers have already been placed by now. But looking at the enthusiasm among students, we feel we would get as many to join lesser known companies,’’ Vesvikar added.
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