Fintech major Paytm is expanding its operations, including segments like financial and wealth management services. And, for the successful expansion process, Paytm is in the process of hiring over 1,000 people across various roles over the next few months.

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Paytm will hire over 1,000 engineers, data scientists, financial analysts among other positions in tech and non-tech roles, a statement said. "The company has ramped up recruitment as it is heading for a rapid expansion of its financial and wealth management services," it added. 
This team expansion would play an essential role in launching innovative financial services and technology to fuel its growth journey, it added.

Recently, the company also announced setting up of its largest campus in Noida, Uttar Pradesh to accommodate its expanding team. The 5,000 seater office is spread across 5.5 lakh square feet of space.

"We are building India's largest consumer internet and financial technology platform that requires more talent. This year, we are aiming to add additional 1,000 colleagues to our different business verticals to build and scale innovative products for the masses," Paytm Vice President Narender Yadav said.

Other than tech and non-tech hires to fill positions across its operations in Delhi-NCR, Mumbai and Bengaluru, Paytm is also bringing in over 50 senior-level executives in vice president roles and above to bolster its senior leadership.

In April, the Noida-based company had announced plans to hire over 500 people.

In its statement, Paytm said it held interviews and inductions of new joinees even during the lockdown. "From April 2019 to date...While around 20 senior executives exited Paytm, over 140 have been hired for leadership roles in vice-president and above positions. Paytm is recruiting talent from Fortune 500 companies, MNCs, top startups, and bringing in people who have entrepreneurial experience," the statement said.