IIT ALUMNI HIRES
IIT alumni explains why his company treats people who scored 90% on his test as very ‘low trust’: ‘Anyone who scored that high always…’
A former IIT Madras student recently launched into an angry tirade. A Reddit user on the IIT Madras subreddit shared that he had created a test that he was unable to pass with a perfect score. He encountered graduates who manipulated the system and achieved 90% on the exam. He expressed regret that these individuals are not suitable candidates for hiring.
IIT and IIM graduates shun startups as AI jobs gain appeal amid rising startup activity in India
Only 79 IIT alumni and 20 IIM alumni launched new tech startups between January and August this year, compared to 307 IIT graduates and 71 IIM graduates who founded startups in the entire 2025, according to Tracxn data collated for ET. The platform tracks only the year of incorporation for tech startups, so it does not have comparable January-August 2025 data.
Chip startup Nova Spectral AI raises Rs 21 crore to build low-cost image sensors
Founded by IIT Kanpur alumni Anish Priyadarshi and Sanjeev Kumar, the startup is developing a short-wave infrared (SWIR) sensor that can help cameras capture images in low light and through smoke, haze, and fog. It aims to make these sensors up to 100 times cheaper than existing technology, opening up potential applications in defence, robotics, cars, and smartphones, the founder said.
YC-backed AI video creation startup Clueso raises $10 million led by Dharana Capital
The round saw participation from new investors Founders Future and Neotribe Ventures, along with existing investors Y Combinator and f7 Ventures. More than 80% of the fresh capital came from existing investors, the company said, taking its total capital-raise to $12 million.
Talent without tags: Over a third at Zoho, Apple, Nvidia are from tier-III colleges
Over a third of Zoho, Apple, and Nvidia employees come from tier III colleges. However, legacy tech firms such as Goldman Sachs, Visa, Atlassian, Oracle, and Google were found to still rely heavily on hiring from premier campuses. Nonetheless, about 18% of the respondents in these firms were from tier 3 colleges.
Placement offers wave dips in final countdown at IITs
Placement prospects for the Class of 2025 at older IITs face challenges after an initial surge. Despite a promising start, overall placements are expected to see only a marginal increase compared to last year. Factors such as a slowdown in the core and analytics sectors and US market downturn have impacted hiring trends.
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ChatGPT Effect? 7,000 IIT students still jobless as placement season ends; Institute sends SOS to alumni for help
Over 7,000 IIT students remain unplaced as the 2023-24 placement season ends. IIT Delhi, IIT Bombay, and BITS are seeking help from alumni to secure jobs for these graduates. Economic factors and technological advances, such as the rise of ChatGPT, have contributed to the decline in placements, with many companies adopting a cautious hiring approach.
Lack of mass hiring by Amazon and other big cos adds to the woes of IITD students amid 30% drop in job offers
IIT Delhi's 2024 placement season faced challenges as students struggled to secure roles despite approaching numerous recruiters. The demand for specialized skills and absence of top firms added to the pressure, reflecting the tough job market conditions.
Engineering colleges expand recruiters’ list; to boost campus hiring
With several other sectors such as technology and startups scaling back recruitment, institutes are exploring all avenues to ensure that as many students as possible graduate with jobs. From top league institutes like the IITs and others like the NITs to government engineering colleges in states, and private engineering colleges — all are expanding their recruiter list between 25% and 100% compared to previous years.
Edtech startup Udayy raises $2.5 million in seed funding round
Udayy will use the fresh funding to fuel its next phase of its growth, which will include curriculum development, product suite expansion, and hiring across product, curriculum and engineering teams.
L&T plans to hire 1,100 engineers across business verticals in 2021
The new recruits will be deployed in critical roles like business development, strategy, design, contract management, project management and construction management, among others.
Oyo gives B-schools a miss amid company rejig
The SoftBank-backed hospitality chain, which is under pressure to rein in costs and streamline operations, has/will be giving most Bschools, including IIM Bangalore, IIM Calcutta, IIM Kozhikode and SPJIMR where it was a recruiter last year, a miss during final placements, the institutes told.
IITs to focus on joint initiatives to promote internationalization
12 IITs, represented by deans and executives of IR offices, participated in the conclave.
IIT alumni loosening up purse strings for alma mater
Donations to top five Indian Institutes of Technology may cross Rs 1,000 crore by the end of this financial year.
Google resumes talent hunt at IITs after 2-year break
At the last All-IIT Placement Committee (AIPC) meeting in October, the schools had decided to discourage off-campus recruitments.
We are able to compete with many countries on faculty pay: R Nagarajan, professor, IIT Madras
The alumni of various IITs are helping the institutes find global talent and the challenges in tapping into a global talent pool.
Larger flow of recruiters pushes up offers and salaries at new IITs
New IITs at Indore, Gandhinagar, Patna and Mandi have focused on inviting more companies this year, which, in turn, has translated into more students placed than the same time last year.
Off blacklist, but are startups going back to college?
A number of startups say they are happy with the hires they've made at IITs but don't rely entirely on premier institutes for talent.
Flipkart won't go to IIM and IIT campuses in upcoming placement season
The decision of the ecommerce firm comes after a season when it faced flak for postponing the joining date for the batch it recruited.
For the first time in almost a decade, Google to give placements a miss at most IITs
"There was an internal decision taken by the company to go the offcampus route. Most of the IITs agreed to this. But Delhi and Bombay have different processes in place," said an IIT Delhi official.
Temporary internship for recruits: IITs say Flipkart to offer respite; company calls it interim step
Flipkart and Roadrunnr were among cos that delayed joining dates for campus recruits because of cost pressures and closing of operations.
Star recruiter McKinsey bypasses IIT campus placement process; to hire students through in-house interviews
IIT officials fear that this may eventually undermine the sanctity of the placement process at India’s premier engineering institutes.
Startup chiefs tap alumni networks for senior-level hiring
Many startup founders leverage alumni networks through social media to recruit peers or juniors or getting references and leads from fellow alumni.
IIT Kharagpur bags maximum jobs compared to other IITs
This was achieved despite academic institutions and PSUs reducing their hiring numbers from the IIT campuses compared to the previous year.
50% IIT-Bombay job aspirants placed in first week
At IIT-B, around 15 students have been offered a crore-plus packages this year by Facebook, Oracle, Google, Microsoft, Samsung.
Venture capital firm Ivy-Cap raises Rs 245 crore for maiden fund
IvyCap has already started soft marketing its second fund, which will raise around Rs900 crore including from overseas investors.
Narayana Murthy was right; IITs short of 2500 teachers
India, which has not expanded its R&D institutions for at least three decades, is now stepping on the gas.
IIT-M keeps hiring slots open for alumni cos
It is a novel start for start-ups looking at hiring. IIT Madras (IIT-M ) has marked two days exclusively in its placement calendar for ventures promoted by IIT alumni.
IITs, IIMs largest source of business leaders
If you are a CEO of one of India’s top 200 companies, there's a 50/50 chance that you call either IIT or IIM your alma mater. Job-cuts: A blessing in disguise | Pink slip blues
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