IIFT Placement 2021: Key Highlights
IIFT has been one of the most preferred hiring destinations for top recruiters in the country owing to its rigorous course curriculum and very competitive batch. Key highlights in the IIFT Placement season 2021 are:
Average Salary up by 3% and Median Salary up by 10% ( Exact 9.9%)
Average Salary in Placement 2021 goes up at Rs.21.08 LPA from Rs.20.48 LPA last year
Median Salary goes up to Rs.20 LPA in Placement 2021 from Rs.18.20 LPA last year
No. of Recruiters increased to 117 in Placement 2021 from 107 last year
Highest salary in placement 2021 goes up marginally at Rs.46.50 LPA from Rs.46.45 LPA last year
For two consecutive months, Walmart-backed PhonePe has processed more than a billion transactions on the Unified Payments Interface (UPI) platform of the National Payments Corporation of India (NPCI).
It maintained its top position in the pecking order of UPI apps, followed by Google Pay. In April, PhonePe processed 1.18 billion transactions on its platform amounting to Rs 2.34 trillion, thereby capturing more than 45 per cent market share in terms of volume of transactions on UPI.
In March, it had processed 1.19 billion transactions amounting to Rs 2.31 trillion.
On the other hand, Google Pay registered 905.96 million transactions in the same period, amounting to Rs 1.9 trillion, thus capturing a market share of 34.3 per cent in the UPI space.
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India is minting startup unicorns at a record pace in 2021. And many more could be on the way to the billion-dollar-mark before the year wraps up.There are at least 35 startups with the potential to reach a billion-dollar valuation in the near future, according to consulting and business research firm Praxis Global Alliance. Out of these 35 shortlisted firms, or âSoonicornsâ as Praxis calls them, up to five could turn unicorns within.
India is minting startup unicorns at a record pace in 2021. And many more could be on the way to the billion-dollar-mark before the year wraps up.