Snapdeal to rope in Tech gurus from Silicon Valley

To build a formidable product and engineering leadership team that would oversee over 1,500 engineers, Snapdeal is planning to rope in technology top notches from the Silicon Valley.
The company is eyeing to hire senior executives from top consumer internet and technology companies like Google, Facebook, Twitter and Salesforce who have demonstrated the ability to scale and grow at a rapid pace.Snapdeal will be offering a pay package of about $1 million each including stock options.
Eyeing at a very high growth, Snapdeal is looking for talented professionals who have seen companies at an early stage and have scaled them by 30x or 50x in two years. The significant tech areas where the company is focusing into are Big Data, analytics, supply chain management and mobile.
Over the next three years the company plans to have 1 million merchants retailing their products through a handset, eliminating the need of a computer. The merchant app on the phone allows them to scan product barcodes and do everything else necessary to showcase their products on the Snapdeal site. Already close to 60% of the company’s over 100,000-strong merchant base is using mobile as the preferred medium of sales.
Over the last six months, Snapdeal has doubled its product and engineering division strength. In the same period, the company has opened a 300,000-sq-ft engineering development centre in Bengaluru, with options to scale the facility to 500,000 sq ft.
- See more at: http://www.varindia.com/snapdeal-to-rope-in-tech-gurus-from-silicon-valley/#sthash.LaEsYixb.dpuf

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