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mPokket To Expand Its Workforce By Generating 5,000 Job Opportunities In FY25

mPokket, a digital lending app, has announced plans to expand its workforce by creating more than 5,000 new job opportunities during FY25. The expansion plan includes key hiring in Kolkata and Bengaluru.

| Published on September 19, 2024

mPokket To Expand Its Workforce By Generating 5,000 Job Opportunities In FY25

mPokket, a digital lending app, has announced plans to expand its workforce by creating more than 5,000 new job opportunities during FY25.

According to the company, this move reflects its commitment to driving growth and empowering youth through both financial services and career opportunities.

With a current workforce of more than 2,300 full-time employees, mPokket focuses on technology, product development, data analytics and customer experience.

The company is actively seeking talent from the fintech, software products and NBFC sectors to support rapid growth and enhance its service offerings. The expansion plan includes key hiring in Kolkata and Bengaluru.

As part of its ongoing growth strategy, mPokket has introduced several HR initiatives to promote employee well-being and professional development, including flexible work schedules for caregivers, a Micro Masters Program for continuous learning, and the SkillPokket Reimbursement Program, which subsidises employees’ e-learning courses.

Additionally, mPokket offers other development courses such as the First Time Manager Program for newly promoted managers and Workplace Safety (POSH) training.

mPokket’s recruitment spans various locations across India, collaborating with prestigious institutions such as IIT, NIT, BIBS, and United World for internships and full-time roles. These efforts contribute to a diverse workforce, with female employees making up 48% of the team, reflecting a near-equal gender ratio.

This job creation initiative follows mPokket’s recent Rs 500 crore debt capital raise, which is meant to increase product development in career acceleration and insurance verticals. Having already disbursed over $2 billion in loans, mPokket is positioned to enhance its leadership in the digital lending space and contribute to India’s fintech growth and youth empowerment.

Elaborating on the recruitment plans, Gaurav Jalan, Founder and Chief Executive Officer, mPokket, said, “We realise that today’s evolving economy demands more than just job creation; it requires crafting opportunities that align with the aspirations of our youth. We are dedicated to driving this transformation by creating an environment where talent and innovation converge. At mPokket, our goal is to provide every young Indian with secure financial opportunities and the tools to excel in the digital age. At the heart of our mission is youth empowerment and, as we grow, we look forward to welcoming new team members who share our vision and dedication. Together, this will contribute to both our success and India’s broader economic development.”

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