Based on the number of calls from recruiters these days, it looks like the Product Manager hiring season in India is on in full swing. However, one simple question makes it easy to identify which firms are likely to have a long and tedious recruitment process for a PM role, and which ones are really keen to hire new people.
And that question is a simple one...
"Who is the hiring manager for this role?"
Now some recruiters will hem and haw, while others will say we simply look for a fit between candidate and company (many internet firms still try this line). It's very simple, if they are not able to give you a credible answer, then there is something very wrong with the picture. They can hide the compensation range and ask all details from you, but this is a very important question that the recruiter must answer. Actually, they should give full details on who is the hiring manager, what job grade the role is at, and which business unit is hiring.
I have observed that some startups and a few teams in large technology MNCs do try to be secretive, saying that they would reveal these details after you join them. And the recruiters also seem to avoid replying to this question. Well, that's like buying a pig in a poke. No matter how good the brand name, you can still mess up your job change, and negatively impact your career.