Startups like Zomato, Practo and others lure engineering graduates with huge packages

Startups like Zomato, Practo and others lure engineering graduates with huge packages

Zomato, Practo, Endurance, InMobi, Code-Nation, Housing, Unicommerce, Sprinklr and Codigami are among those lining up to attract talent from these campuses, with salaries that rival and even exceed some of the traditional top recruiters.

According to campus sources, only three startups offered Rs 20 lakh-plus packages last year. That number is almost quadrupling, with some startups raising offers and new ones entering the fray.

These startups are offering more compensation than well-established companies. Popular recruiters Texas Instruments and Qualcomm, for instance, pay in the region of Rs 14-15 lakh, while Microsoft offers Rs 18 lakh for domestic postings. Visa, which hired around 250 students across engineering campuses last year, is paying Rs 18 lakh for Indian roles.

Campus sources said the presence of so many cash-rich startups will spark a fierce talent war with traditional, well-known recruiters for the best and brightest among the graduating batch of 2016.

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