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High-frequency trading (HFT) firm Quantbox may offer research compensation 1.2-1.4 crore, competing with rivals like Graviton Research Capital, NK Securities and Quade, which can offer According to 80-95 lakhs of mint Review over 300 IIT job descriptions and expected salaries.
Quant trading firm da Vinci Trading is also expected to counter them with an offer of 252 thousand euros (approx. 2.6 crore) across Delhi, Bombay, Madras and Kharagpur campuses, a person aware of the placement details said. peppermint On condition of anonymity.
investment management firm SquarePoint Capital and investment and tech firms DE Shaw Will also search for such talents peppermint have learned, and they can offer compensation of approximately 66 lakhs and around 74 lakh respectively. Some HFTs are also hiring for global offices, and compensation typically consists of a bonus paid over a few years.
Placement in IIT is a measure of how good the campus is recruitments Will take shape in India in the next few months. Since business schools usually start in February-March, engineering colleges reflect the appetite of India Inc. Out of the 23 IITs, the new IIT started its placements in September. Typically, these can last until April. Some of these companies quickly attract talent by making pre-placement offers (PPOs) after summer internships.
Over the past few years, IIT has attracted new AI companies. This came after the hiring frenzy subsided due to global uncertainty following the pandemic. However, last year saw a spurt in campus recruitment, much to the relief of the IITs.
HFT and quant firms, which hire candidates who can analyze markets using mathematical and statistical models, have been among the top-paying employers on IIT campuses over the past few years, despite global economic conditions. Quant researcher profiles include roles for core engineers and people well-versed in AI with a basic background in finance.
These companies look for candidates in old IIT-Bombay, Delhi, Kanpur, Kharagpur, Madras, Guwahati and Roorkee. Compensation may vary by role, and in many cases, a firm may visit an IIT campus with multiple roles.
“We will hire 6-10 people IIT-BombayKanpur, Madras, Delhi and will offer competitive salaries to poach top talent,” said a senior executive of one of the HFTs mentioned earlier.
IIT Madras, Delhi, Kharagpur, Kanpur, Guwahati and Roorkee did not respond. of mint Emailed Queries. IIT Bombay declined to comment.
Samsara Inc., a US-based Internet of Things (IoT) company, with positions in India and London (UK), may offer compensation from 45.5 lakhs 1.2 crore (109,580 pounds) as per of mint Job Profile Review.
Palo Alto-headquartered healthcare firm Risa Labs is looking to hire for System Engineer and Associate Product Manager roles for its offices in India and the US.
Founded by IIT Kanpur alumni Kshitij Jaggi and Kumar Shivang, the healthcare startup’s compensation for IIT students of the 2026 batch can range between: 36 lakhs and $150,000 in India, with an additional $30,000 worth of stock in the US, totaling approx. 1.6 crores.
Also read: Candidates using AI? Not in IIT campuses due to strict placement season
US-based Abacus AI said it aims to recruit from IIT Bombay, Delhi, Madras and Kanpur. peppermint An email response said it was looking for “candidates who can really use AI to their advantage to be more effective in their roles”. Compensation will be offered 60 lakhs for machine learning engineers and software engineers.
Consulting and IT Firms accenture There are vacancies in India and Japan, while electric car maker Tesla Inc. will recruit chief engineers for its Pune, Bengaluru and Guwahati offices. Microsoft, Nvidia and Apple will also gain opening slots with compensation for India-based roles 18.5 lakh more 43.5 lakh. Accenture Japan is paying compensation of JPY 8,186,180 (approximately) 47 lakh). Meanwhile, Tesla is offering around 33 lakhs.
Consumer goods manufacturer Hindustan Unilever Limited is looking to appoint to Unilever’s Future Leadership Program Rs 35 lakh will be given to candidates who create and optimize AI-led forecasting tools.
Glenn Search Technologies, an AI platform founded by IIT Delhi alumni and headquartered in Palo Alto, is also seeking to hire software engineers in Bengaluru and Palo Alto, offering a compensation of $150,000 for US-based roles, which roughly translates to Rs. 1.34 crores in Indian currency.
Boeing and Airbus will also compete for top engineering talent. Airbus, in response to of mint The inquiry was told that the aircraft manufacturer conducts campus placements at IIT Bombay, Kanpur, Madras and Kharagpur on December 1. “Airbus is continuously recruiting fresh graduates from IITs every year for various roles in structural analysis, flight physics, simulation and advanced systems studies,” the company said. It said there was no change in average salaries and bonuses this year, with compensation levels broadly in line with previous cycles.
Boeing will also visit IIT campuses to recruit students with offers 18 lakh, peppermint The details were revealed by placement cell officials, who did not want to be identified as the details are not public.
Quantbox Research, Graviton Research Capital, Da Vinci Trading, NK Securities, QuadEye, DE Shaw, SquarePoint Capital, Risa Labs, Tesla, Apple, Microsoft, Hindustan Unilever Ltd, Boeing, Glynn Search, Accenture and Samsara Inc. did not respond. of mint Question. Databricks and Nvidia declined to comment.
Over the past few years, startups have gone head-to-head with established manufacturing firms and HFTs for recruitment from IITs.
IPO bound multi-category online retailer Meesho has a variety of roles ranging from Software Development Engineer to Senior Associate, and compensation can range between from 37 60 lakh per year. Co-founder and CEO Vidit Athreya said, “Most of our hires are people from the technology sector. About 57% of our total hires are technology and product related. So our focus will be only on getting the best talent in the technology sector.” peppermint in an interview.
Eternal Limited, formerly known as Zomato, will be hiring for software developer profiles with a cost-to-company (CTC) of around Rs 200 crore. 47-56 lakhs.
It is expected that online retail giant Flipkart may offer offers around this 26 lakhs. “This year, we are connecting with leading IITs and other premier institutes on day one, focusing on software engineering roles and a unique position – Associate Product Manager (APM), designed to help students pursue careers in product management through a rigorous, practical learning experience,” the company said in an email response.
(Sneha Shah contributed to this story)
Also read: Campus Placements 2026: Why do India’s top talents face a tough placement season?
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