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Start ups offering competitive packages for placement at IIIT-H

The ongoing placement process at the International Institute of Information Technology, Hyderabad (IIIT-H), is marked by the increased presence of start-ups, which are willing to offer competitive packages as compared to big recruiters.

This comes on the heels of a growing interest in campus placements, as the first phase at IIIT also saw over 23 new companies registering.

The first phase of placements has commenced with a wide array of significant recruiters coming on campus with domestic and offshore offers.  Microsoft, Amazon, Adobe, Indeed and Walmart, among others, have started their process to identify and recruit for their Indian and foreign offices.

A total of 35 companies have been a part of the process and more companies are expected to visit the campus in coming days. The number of start-ups that have registered this year was also significantly higher.

About 20 start-ups are already on campus. “We are seeing a substantial increase in the number or registrations by students as well as companies for the placements. The growing trend of start-ups is clearly visible as one-third of companies which have registered for the first round of placements with us this year are start-ups and these are also offering competitive packages as compared to the big players,” T V Deviprasad, head-placements at IIIT – H, said.

The institute also expects pay-wise increase of 15-20 per cent this year.

Around 396 students have registered for placements this year as compared to 107 last year. Out of this 91 per cent of the undergraduate batch and postgraduate batch of candidates have been placed. The first round of placements will be complete by the end of this month and fresh placements will start in January, according to the institute.

IIIT-H is an autonomous university, set up in 1998 as a not-for-profit public-private partnership and the first IIIT to be set up under this model in the country.

It offers BTech, MTech, MS, MPhil , PhD as well as diploma and undergraduate programmes.

Source: Business Standard