OakNorth to create 300 additional jobs in India

SoftBank-backed OakNorth, which is now Europe’s most valuable fintech company, will look to create 300 additional jobs in its Indian operations in the next 12-18 months, its co-founder Joel Perlman has said.

“We should have a headcount of 500 in the next 12 months from the current 200. We should be hiring in credit analysis and software engineering. Those are the two areas we are going to focus on for our India growth,” Perlman told BusinessLine.

Currently, OakNorth has in India nearly 50 per cent of its global workforce of about 400 people.

“India is the backbone of OakNorth’s credit analysis, data engineering and software engineering efforts,” he said.