IIT, IIM grads dump big firms for e-commerce start-ups

Source: Hindustan Times

When Harish Rawat joined Jabong, an e-commerce start-up in April 2012, it was a tough decision. The 31-year-old alumni from IIT Kanpur and IIM Ahemdabad was in a comfortable position at Nokia, one of the world’s largest telecom manufacturers. While, Jabong was in operations for only three months.

“I wanted to work in an environment where I could implement my ideas and could do new experiments,” said Rawat, associate director, offline marketing and brand management, Jabong. “In a large company there are hierarchies and one does not get this kind of liberty.”

He is not alone. “There are 80-100 people from institutes like IITs, IIMs, Harvard Business School Wharton, Oxford and ISB,” said Mukul Bafna, co-founder and CEO, Jabong.

“Some of them are lateral entrants from top firms like McKinsey, BCG, and AT Kearney.”

Flipkart has about 50 employees from IIMs and close to 250 from IITs. Snapdeal.com, another leading e-commerce company has more than 100 IIT and IIM alumni. Read more

Categories: Asia, India

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