Key Points
Most publicly listed companies in new economy sectors saw their payroll expand in 2022-23 despite an overall slump in the space during the financial year, showed an analysis of the annual reports of six companies Zomato, Paytm, PB Fintech, Delhivery, Nykaa and CarTrade Tech...
While Paytm saw its employee headcount expand by a whopping 3.5 times during the fiscal, PB Fintech, which runs the Policybazaar platform, saw a 32% year-on-year increase in employees..
Mumbai-based FSN Ecommerce, which runs the Nykaa platform, saw a 15% year-on-year increase in its headcount, while CarTrade Techs workforce increased 44%...
Paytm saw its employee costs increase 55.4% year-on-year to Rs 3,778.3 crore in 2022-23 as it strengthened its sales channel to drive penetration of its high margin use cases such as merchant subscriptions and lending, according to the company..
While the number of employees on Zomatos payroll reduced marginally to 3,440 in 2022-23 from 3,517 in the previous fiscal, Delhivery's headcount declined to 92,294 people from 94,733 in 2021-22, as the company reported only a marginal growth in its scale with its profit barely seeing an improvement...
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