Day 1 of placements: Databricks offers ₹2cr+ to IIT-Roorkee student

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Bengaluru | New Delhi: Top quantitative trading firms as well as global investment managers such as Quantbox Research, Quadeye, Maverick Derivatives, Optiver, Da Vinci, Graviton Research Capital and Squarepoint Capital made lucrative crore-plus offers to onboard the best engineering talent from the Indian Institutes of Technology during the ongoing final placement season, which began on Friday, placement officials told ET...

US software company Databricks made an offer of about 2.05 crore at IIT Roorkee for an international role..

A spokesperson for Optiver said it had made a dozen full-time offers to IIT 2024 graduates for traders, quantitative researchers and software engineer positions..

Amid concerns over the global economic slowdown's impact on placements this year, arguably one of the most challenging yet, students on Day 1 bagged salaries ranging from 15 lakh to above 2 crore..

A total of 164 offers were made by 59 companies during Day One's Sessions 1.1 and 1.2 (ongoing) at IIT Guwahati across core, software and business analyst job profiles against 160 offers made by 46 companies last year in the same sessions, the institute said in a statement..

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