Cos More Cautious This Time “We are also strengthening the technology and product functions significantly and plan to increase headcount by about 25%,” Hari said. Tech-enabled logistics company Rivigo, which recently raised $50 million from Warburg Pincus and SAIF Partners , at a post-money valuation estimated at $1 billion, is planning to hire 2,500 people across functions in 2018, which includes 500 engineers and the rest in sales and operations. “One of our biggest focus areas this year will be on building India’s best technology and AI (artificial intelligence) team. We are looking at hiring 500 top engineers from across the world for our technology team this year with a dedicated AI team that will work on futuristic AI applications in logistics,” said Gazal Kalra, co-founder, Rivigo. “Startups are once again in a hiring mode, but this time it is being driven by a clear business case and real business need,” said CK Guruprasad, a consultant at Spencer Stuart. “It is ...