Flipkart plans to recruit Harvard, Wharton & Stanford MBAs
India’s leading e-Commerce company, Flipkart, has witnessed a spurt of growth since it was founded five years back. Flipkart plans to recruit Harvard, Wharton & Stanford MBAs from the Class of 2015.
Started in 2007 by alumni of Amazon, Bangalore-based Flipkart has raised $750 million in funding so far. The most recent round of funding was announced on May 26, 2014 wherein Flipkart raised $210 million from DST Global and existing investors Tiger Global, Naspers and Iconiq Capital. Flipkart’s other investors include Accel Partners, Morgan Stanley, Vulcan Capital, Dragoneer and Sofina.
The company crossed $1 billion in sales in March this year, one year ahead of target. Flipkart is one of the fastest growing internet companies globally.
On May 23 2014, Flipkart acquired Myntra – a fashion apparel company – for approximately $340 million.
Its rapid growth has led to its aggressive hiring plans. The company stated its intention of doubling its total recruitment – including campus and laterals.
Nipun Mehra, Senior Director for Retail, recently initiated talks with Wharton’s career management office. He stated there were initial talks and relevant candidates with experience for lateral roles would be hired. Nipun holds a M.S. in Computer Science from Stanford University and an MBA from The Wharton School.
In the past, Flipkart has had interns from international colleges like University of Leeds and IE Business School.