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War for talent has gone to a different level: Axtria’s Jaswinder Chadha

Source | | Dia Rekhi, ET Bureau

Chennai: Axtria, which added 800 people to its staff during the pandemic, aims to hire 1,000 more in the next 12-18 months to cater to the spike in demand that the company has seen in the past one year.

Founded in 2010, Axtria is a global provider of cloud software and data analytics to the 

life sciences

 NSE -2.31 % industry that helps companies bring therapeutics to the market faster. It recently turned unicorn—companies with valuation of at least $1 billion—after raising $150 million from Bain Capital Tech Opportunities.

According to the Gurugram-based company, at the start of the Covid-19 pandemic in 2020, it had about 1,400 employees and now it has about 2,200.

“There is a war for talent. There’s always been a lot more demand for talent than the supply, but it has gone to a different level,” said Jaswinder Chadha, chief executive officer of Axtria (US).

“We need three kinds of skill sets in our business. We need pharma and industry knowledge, we need digital technologies expertise, and we need data and analytics expertise. India has a very large and a very deep pool. With the focus on data and analytics, and the focus on digital technologies, we can’t find too much talent in India and especially with people having experience in pharma and commercial operations.”

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