Four in every five early-stage start-ups in India want to hire more in 2023

Four in every five early-stage start-ups in India want to hire more employees in 2023, a report released on Tuesday said. 15.79 per cent of these start-ups want to keep their headcount unchanged. However, this will depend upon expansion plans, new project orders and the receipt of additional funding by the start-ups.

According to the “FICCI – Randstad Start-up Hiring Trends Survey” released by the Federation of Indian Chambers of Commerce and Industry and HR services firm Randstad India, the remaining 3.72 per cent of early-stage start-ups want to cut their headcount in 2023. The survey analysed 300 start-ups in India, the majority with less than 20 employees.