A couple of weeks ago, three US startups approached talent search firm RGF Executive Search India to help find country heads to roll out their businesses in the country.
Startups in India, too, are looking for senior executives to help them scale and expand, having attracted a rush of global and homegrown investors as they remain unscathed by the macroeconomic headwinds, search firm executives said. The government’s move to slash corporate tax last month is also adding to the impetus, said experts.
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“Startups have remained mostly untouched by the overall slowdown in the job market for they have the back up of private equity and venture capital firms,” said GC Jayaprakash, executive director at RGF Executive Search. “The recent cut in corporate tax has given a further boost to pump in more money that companies can now save.”
Source: Economic Times
