An alarm is sounded for software jobs by another tech entrepreneur, after Zoho’s Sridhar Vembu

The growing concerns about India’s technology job market are raising alarms, with experts cautioning that securing employment in the IT sector may become even more challenging in the near future. While the fear of artificial intelligence taking over jobs is widespread, Zoho’s founder, Sridhar Vembu, believes the root of the issue is far more complex. He argues that years of excessive funding from venture capitalists, private equity firms, and IPO-driven investments have led to inefficiencies within the software industry. Now, another voice has joined the conversation, with Mumbai-based entrepreneur Udit Goenka echoing similar concerns about the future of entry-level IT jobs.

Goenka, the founder of TinyCheque, has warned that fresh graduates looking to start their careers as software developers will likely face a difficult time in 2025. Instead of relying solely on formal degrees, he advises aspiring professionals to focus on acquiring practical skills. His perspective highlights the importance of building real-world applications, contributing to open-source projects, and gaining hands-on experience to enhance job prospects. According to him, the industry is shifting its priorities, and those who can demonstrate their ability to create and implement functional solutions will have a distinct advantage in the hiring process.

The discussion has gained traction online, where many professionals agree that practical experience is becoming more valuable than traditional academic qualifications. Users have pointed out that simply holding a degree is no longer enough in today’s competitive landscape. Employers are increasingly prioritizing candidates who have worked on tangible projects and can showcase their skills through actual results. Those who take the initiative to develop software, solve real-world problems, and continuously refine their abilities during their academic years are likely to stand out.

Udit Goenka, the founder and CEO of TinyCheque, a pioneering AI-powered SaaS venture studio in India, has been an influential figure in the entrepreneurial space. Though he initially pursued a Master of Computer Applications (MCA) at the Vivekananda Institute of Technology, he ultimately dropped out after the first year to follow his ambitions in the business world. His insights into the evolving IT job market reflect the challenges that new graduates must prepare for as the industry undergoes a transformation.

Meanwhile, Sridhar Vembu, who has spent decades in the software sector, has provided a broader analysis of the inefficiencies that have developed due to overcapitalization. He argues that the excessive flow of investment money artificially inflated the market, resulting in redundant IT systems, unnecessary hiring, and misaligned corporate priorities. According to him, software vendors have long relied on aggressive marketing strategies that create uncertainty and fear among businesses, prompting them to increase IT spending without a corresponding rise in productivity. As these inefficiencies become more apparent, the industry is now experiencing a shift that will likely impact hiring trends, making it even more crucial for job seekers to adapt to the changing landscape.