People Digest: PayU ropes in five senior execs; Grofers hires 5,000

Photo: Reuters

Digital payments company PayU India has recruited five senior executives as it undergoes a major leadership restructuring, while Grofers has hired 5,000 employees for its warehousing and front-end operations.

PayU makes five senior hires

Naspers-backed digital payments company PayU India has recruited five senior executives as it undergoes a major leadership restructuring.

The company has named Noopur Chaturvedi as its country head of small and medium businesses, Alim Khan as senior vice-president of compulsive business, and Ashish Pathak as head of legal and compliance, it said in a statement. Besides, Ashish Chattoraj has been appointed as HR head for PayU India while Priya Cherian is the global HR head for credit business.

“The company will leverage the experience and expertise of these leaders to further upscale its business and continue to innovate products and services based on advanced technology,” the statement added.

Last month, PayU’s two managing directors, Shailaz Nag and Jitendra Gupta, were reported to have quit the organisation. The company had officially announced the appointment of Anirban Mukherjee as the new CEO of its Indian entity in February.

Grofers hires 5,000 for warehousing, front-end ops

SoftBank-backed online grocery retailer Grofers has hired 5000 employees in its warehousing and front-end operations in response to the growing demand, PTI reported.

Besides, the company is also planning to expand its operations to tier-II cities next year. It may also evaluate options to enter the territories of Jammu and Kashmir in the future. Currently, the company operates 45 warehouses to feed 16 cities across the country.

In May, Grofers announced a fundraise of $200 million in Series F round led by SoftBank Vision Fund.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.