IIT-BHU sees 432 offers --including PPOs -- from 160 companies at the end of first two slots of Day 1 of final placements

BENGALURU: IIT-Bhu has bagged 432 offers for the 1506 students across BTech, MTech and integrated dual degree programmes who are sitting for placements in the 2024-25 session at the end of the first two slots of Day 1, the institute said in a statement on Sunday. Students have been placed across 160 companies.

Of these, around 262 are pre-placement offers received by the students. The highest offer, as reported by ET yesterday is Rs 1.65 crore through a PPO.

In Slot 0 and 1 of Day 1, 89 companies rolled out 170 offers. Databricks, Plutus Research, Cohesity, Squarepoint Capital, Google, Microsodr, AQR Capital, Oracle, Flipkart, Nvidia, Tata Motors, Ola, were among the companies who participated.


“This year, we have observed significant new trends in the placement landscape. A notable highlight is the entry of several quant and high-frequency trading (HFT) companies that the institute had been targeting for years,” said SK Shrivastava, coordinator, training and placement cell, IIT-Bhu. “Companies such as Nutanix, Pace Stock Broking, Convin.ai, and many others have chosen to participate in the placement process independently.”

The institute has also seen more than 35 new companies offering software development engineer (SDE) roles join the recruitment drive this year, added Shrivastava. “This surge in participation is expected to create a substantial positive impact on the overall placement outcomes, contributing to a promising and competitive placement season,” he added.