News Update

Rakuten India to step up hiring, have 3,000 employees by 2023


Rakuten India to step up hiring, have 3,000 employees by 2023. The e-commerce giant has about 1,700 employees in India and 500 of them were hired in the last year. “Rakuten is all in India. The kind of technologies, products and services that we have delivered for Rakuten global has been a really successful initiative for us,” Gopinath said on September 15. “And secondly, as we grow and scale, India is where Rakuten is comfortable with respect to hiring the next level of talent and scale.”

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The product was developed at the company’s centre in Bengaluru. Rakuten is in talks with multiple enterprises in fintech, e-commerce and also the government for the adoption of the product. According to Rakuten executives, the market for products like SixthSense is $25-30 billion globally and is also growing rapidly in India. The company will compete with platforms like Cisco’s AppDynamics in this space. The product was built by the company’s data science and AI team with 300 people. India was a key market for the company, Gopinath said. While he did not share the revenue contribution from India, he said critical projects were being built from the country.

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