You are currently viewing Startup news and updates: daily roundup (July 8, 2022)

Startup news and updates: daily roundup (July 8, 2022)

Data from Indeed shows R&D jobs in India at an all-time high

A report by the US-headquartered employment website Indeed showed that the number of job postings for research and development (R&D) roles in India saw a 42 percent increase in May 2022, as compared to the same period in 2019. From May 2020 to May 2021, the job postings for R&D rose by 40 percent.

A statement issued by the company said that product and engineering roles are likely to grow exponentially in the coming year.

According to the report, Bengaluru leads in the number of R&D job postings, followed by Pune, Hyderabad, Mumbai, and Chennai. The top five cities account for nearly 75 percent of total R&D roles in India. These job roles include R&D engineer, software engineer, software architect, and full-stack developer. 

Crypto app CoinSwitch ropes in former Myntra executive to head engineering

Bengaluru-headquartered crypto investing app CoinSwitch has announced the appointment of Sudheer Tumuluru as the head of crypto engineering. He will lead building of the technology stack driving crypto trading, exchange, and emerging crypto products. 

Sudheer joined CoinSwitch after his stint at fashion retailer Myntra, where he served as the vice president of engineering. In his previous roles, he has worked with Flipkart, AWS, and Expedia. 

Founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, CoinSwitch is backed by the likes of Tiger Global, Andreessen Horowitz, Sequoia Capital, Coinbase Ventures, and others. 


3SC Solutions appoints Manish Kumar as CTO

Gurugram-based supply chain analytics company 3SC Solutions has announced the appointment of Manish Kumar as CTO. Manish brings to the table extensive and diverse experience across retail, ecommerce, CPG, logistics, and other aspects. 

In his previous role, he served as senior vice president with the customer engagement platform, Algonomy. He has also worked for the Delhi Integrated Multi-Modal Transit System and Tesco in senior leadership roles. 

At 3SC, he will be responsible for leading the company’s technical team, implementing large-scale software strategies, and offering a range of logistics-related solutions, supply chain management, and analytics advisory services as part of the 3SC platform.

Edited by Kanishk Singh

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