Hyderabad-headquartered, HR staffing, payroll, recruitment company BigLeap Technologies & Solutions will be adding 6000 staff members by 2021, and double its turnover in the next 2 years. With this staff addition, the company will have 10,000+ employees on its outsourcing rolls.
And to accommodate the expanded team, BigLeap unveiled a new facility that is set up with an investment of Rs. 2.5 Crore. The facility was formally inaugurated by Jayesh Ranjan, Principal Secretary of the Industries & Commerce (I&C) & Information Technology (IT), Govt. of Telangana.
BigLeap manages human resourcing for clients across all industries from manufacturing, telecom infrastructure, retail, and the financial sector, of which over 60 percent are from the startup space.
Founded in the year 2015 by Vinay Kotra, James Johnson, Manoj Yadav Thummala, and Sainath Goud Malkapuram, BigLeap has operations and presence in 22 operational states and 18 ESI compliant territories including Hyderabad, Chennai, Bangalore, New Delhi NCR, and Mumbai.
BigLeap services Flipkart, Myntra, Ola, ITC Infotech, New Holland Tractors, KreditBee, Rapido, Bounce, PVR Cinemas, Café Coffee Day, and several other leading organizations.
Commenting on BigLeap’s expansion, Jayesh Ranjan said, “In such challenging times, it is encouraging to know BigLeap is expanding and growing, outsourcing not only optimizes the organizational growth but also creates job opportunity to a better career, better life for many aspirants in these difficult times plus complement the economic growth of the state.”
Demand for data science and data analytics soar
Vinay Kotra, co-Founder and Director, BigLeap Technologies, believes that high attrition continues to be the bane of the corporates with 23 percent of the small businesses failing due to lack of the right team. “With an increasing demand for our staffing services, expansion has become eminent. Our commitment to expanding staffing services comes at a critical moment as the Covid-19 pandemic has created tremendous stress in employability, and employee optimization for our clients.”
As a temporary staff providing startup company, Kotra owes the company’s initial growth during the year 2016-2017-2018 to the telecom infrastructure market. The company served as a sub-contractor for companies that were working for Jio, Arcom, and a few more. Although the current portfolio towards telecom infrastructure is less than 5% for BigLeap, there is a lot of scope in the telecom sector says Kotra.
According to Kotra, “The entire telecom sector is driven by data these days, and not looking at telecom core staff what we use to discuss earlier like 3-4 years back. The industry, itself, is moving towards a data-driven prospect, the main skilling required for the telecom engineers is towards upgrading their knowledge towards data management, data science, analytics, data-driven technologies, so they remain relevant in the industry and that is what telcos are also specifically looking at hiring, and we continue to track the industry to see if we can provide, train and hire for companies who are looking at candidates having data associated skills.”
To fulfill its staffing growth target, the company aims to tap professionals as well as fresh graduates from universities and colleges. The bulk of the revenue growth is expected to come from the existing clients and all the new clients that we will be signing going forward.
Kotra anticipates that just by working on the temporary staffing provider model the company is growing at 65% YoY, and in the next 2 years, he aims to double the current turnover of 100 Crores.