Fintech company CASHe plans to give 300 jobs in Hyderabad by the end of this year. This expansion includes establishing a new Technology Excellence Centre in Hyderabad to enhance its digital engineering capabilities. This new facility will act as a “centre of excellence” and will support the company’s technological needs in various areas such as lending, insurance, and wealth management.
Expansion and Focus
CASHe’s CEO, Yashoraj Tyagi, mentioned that the fintech industry is going through significant changes, necessitating larger teams and better infrastructure. “We are rapidly expanding our teams and infrastructure to meet the increasing demand for our fintech solutions in lending, insurance, and wealth tech space,” Tyagi stated. The new facility’s strategic location in Hyderabad, one of India’s top business hubs, is expected to help the company grow its workforce by providing new jobs and better serve its expanding customer base.
Job Opportunities
The hiring will include positions for various experience levels and domains such as technology, data sciences, machine learning, DevOps, TechOps, product development, credit, and collections. Currently, CASHe employs 550 people across its Hyderabad and Mumbai centres, with 90 employees in Hyderabad. Among the 300 new hires, 150 will be specifically for the new Hyderabad centre.
Operational Timeline
CASHe plans to have the new Technology Excellence Centre in Hyderabad operational by the third quarter of 2025. This timeline aligns with the company’s goal to meet the increasing technological demands of its business operations. The new centre will play a crucial role in supporting the company’s teams from its lending, insurance, and wealth management verticals.
Strategic Alignment
This expansion aligns with CASHe’s broader strategy to strengthen its presence in India’s fintech sector. By establishing the new centre and hiring additional talent, CASHe aims to enhance its in-house digital engineering capabilities and support its diverse range of financial products and services. The company believes this move will enable it to better serve its expanding customer base and meet the evolving demands of the fintech industry.
CASHe’s decision to expand its team and infrastructure highlights its commitment to growth and innovation in the fintech sector. This strategic move is expected to significantly boost the company’s ability to deliver advanced financial solutions to its customers.