Magicpin To Hire Over 250 People In Next 6 Months
Hiring to expand sales and acquisition team to drive growth and supply expansion
Magicpin is all set to onboard more than 250 professionals in its workforce as a strategic expansion for its sales and acquisition team, reaffirming its commitment to driving growth and expanding its merchant base.
These new hires will be instrumental in driving growth and revenue in key categories such as fashion, fine dining, beauty, QSR and budget eateries. This hiring initiative will see magicpin establishing a stronger presence in different localties strengthening its partnerships with businesses and enhancing direct revenue streams in the offline business. For magicpin, locality is the key unit of economics and the entire business is an aggregation of 6500+ localities. A locality is defined as 2km radius with merchants across categories.
Anshoo Sharma, CEO and Co-founder of magicpin said, "At magicpin, we are dedicated to revolutionizing the way consumers interact with offline merchants. The addition of team members in the sales and acquisition team underscores our commitment to delivering exceptional value to our 10 million+ users and 1.5 lakh+ merchants. We are creating a robust locality framework to bring the entire country online in a structured manner. We aim to enhance the online presence of various businesses in top 60 localities in the country, starting with local establishments such as small and mom & pop stores in the domains of food, fashion apparel, furniture shops, opticians, and even toy stores. With the addition of the talented individuals, we are well-positioned to continue the rapid sustainable growth trajectory as we plan to break-even in 2024.”
Magicpin will also be spearheading the ‘ONDC-magicpin Street Bites’ project in partnership with ONDC (Open Network for Digital Commerce) which entails hiring 100+ dedicated workforce across five cities. This initiative, co-funded by ONDC, aims to deploy ‘ONDC-magicpin Street Bites’ teams to empower street food vendors, facilitated through a third-party payroll model. This dedicated team will continuously explore and identify iconic, popular, and known-to-be safe street vendors to be onboarded on ONDC network. This project aims to onboard 500 FSSAI-accredited street vendors in Delhi and Lucknow within the next 3-6 months.
