Vishnoi says hiring aligned with strategy of growing in a capital-efficient manner
EnKash, India’s leading and fastest-growing all-in-one Spends Management and Corporate Cards company from Mumbai with US$20 million raised in April 2022, is to double its team size by hiring 120+ employees over the next few months and plans to expand globally.
In April 2022, EnKash had raised US$20 million in a Series-B round from Ascent Capital, Baring India and Singapore-based White Ventures.
The expanded team members will also be responsible for the company’s expansion globally, EnKash said on 15 June 2022.
The company will mass-hire high potential talent from across cities with an equal emphasis on fresh talent, people with career breaks as well as experienced professionals.
EnKash plans to continue operating in the hybrid work model in its offices in NCR, Mumbai, Bangalore and Pune.
This recruitment drive will take EnKash’s total employee strength to over 250 members by March 2023. The company currently employs 120+ people and recently ramped-up its team size by over 100%.
It now plans to strategically increase its team strength to 500 within FY 23-24.
EnKash is on a high growth trajectory with aggressive plans to scale up.
The Fintech firm will hire across three major categories: Technology, Business and Support from verticals such as Engineering, Quality Assurance, Product Design, Data Science and Analytics, Direct Sales, Alliances and Partnerships, Sales Operations, Business Operations, Finance Operations, Customer Care, Legal and Compliances, Credit, Risk, Finance and Human Resources.
Speaking on the company’s vision, EnKash’s Co-founder Hemant Vishnoi said, “Our hiring plans are aligned with our strategy of growing in a capital-efficient manner. Contrary to ongoing trends in the startup ecosystem, we are looking to hire innovative minds to further bolster our consistent growth.
“EnKash has witnessed an unprecedented growth of 10X in its user base. This potential talent will further help us innovate, solve and create a competitive advantage for us in the payments industry.
“We are focussing on people with an intrapreneurial mindset, high sense of ownership and passion for bringing new perspectives-something that existing team members already demonstrate.”
To facilitate the training of fresh hires, EnKash plans to organize training sessions with a blend of both virtual as well as in-person sessions. The company will also support and encourage professional development of hires through formal courses and certifications.
EnKash is India’s first Spend Management and Cards platform that became operational in the year 2018. It has since helped over 100,000 businesses to digitise and decentralise their corporate payments.
Over a period of 4 years, the brand has issued more than 600,000 Corporate Cards, EnKash has been a highly capital efficient company.
It had raised only US$3 million in a Series A round from Mayfield India and Axilor Ventures in April 2019, and showcased stupendous growth with its annual revenue over US$15 million. fiinews.com
