Do B2B product companies from India hire undergrads?

Hi guys so I have 2 years or Workex in a B2B company, have worked on the implementation and product side. Wanted to know if there are some companies who hire undergrads for product roles and actually have a good product role to offer.

I have genuine interest in building the product and don't care much about designation or high compensation( although it's still good enough though). Wanted to leave this company as they have hired a lot and don't really have good work to offer.

comp: 20 Exp : 2 years College: Tier 1