In the aftermath of COVID-19 impact on the Indian economy, one would have expected India Inc. to take a precautious approach to early career talent acquisition. However, the emerging trends were pretty contrary to such predictions.
Technology-enabled recruitment is likely to become a permanent trend as organizations and candidates experience efficiencies and better job performance expectedness through a scientifically robust selection process. Through technology enablement, the selection process is geared up to be seamless and can reach out to prospective candidates beyond geographical boundaries. In addition, campus outreach is going to be more digitized, with virtual proctoring and AI-enablement. Hence colleges and universities should gear up for the ‘Virtual selection process, and this will happen with increased volume uptake in the coming future.
Here is a list of Top 5 startups that are bolstering the campus placement space by leveraging from New-Age Technologies to make life easier for recruiters and thus also allowing HRs to play an increasingly strategic role.
GetWork is a SaaS-based HRTech and EdTech platform incepted with an idea to democratize job opportunities and empower college placement cells in Tier 2 & 3 cities of India on the scale. Launched in 2019, it is a technologically advanced two-way marketplace that trains students and gives universities access to companies and startups. It connects leading corporates to over 18,000 placements cells across colleges and private institutes in India.
Observing a huge skill gap in students across India and the challenges faced by talent acquisition and campus recruiters, the founders recognized the potential of Artificial Intelligence and Machine Learning to build GetWork as a solution and scale it up through college placement cells.
Started in 2016, ReferHire.com has created a peer-to-peer (P2P) networking platform to bring together organizations and those seeking new career opportunities. Delhi-based ReferHire is aimed at building transparency and efficiency in the entire process of hiring the right candidate. Once the user identifies the companies they are interested in, ReferHire will start introducing them to peers in those organizations so that they can look out for an opportunity.
A Talent and Workforce Solutions services company, iXceed is a service provider to Fortune 500 companies and primarily focuses on these domains globally: Technology, IT consulting, and Engineering Consulting.
The company uses Artificial Intelligence-based recruitment solutions to create an in-class experience for both clients and candidates. Some of their clients are- Infosys, HCL, Oracle, Mindtree, NIIT, etc. It is co-founded by Yogita Tulsian, who is also its Director.
Established in 2018, InCruiter is an online recruitment platform based on SAAS in the B2B space. InCruiter provides an Online Recruitment Marketplace for recruitment agencies and independent recruiters to speed up the hiring process by 10x. The platform connects specialized recruiters with the best track records to the matching jobs. Multiple agencies working on a single job with a single point of contact make hiring fast and efficient. This in turn enables employers to more accurately hire with cost and time savings. InCruiter helps in finding you the best candidates in the shortest time without any hassle of phone calls, emails, invoices, and agreements from multiple vendors.
A Delhi-based HR-tech startup is an advanced hiring platform based on artificial intelligence, enabling recruiters to hire top talent effortlessly. Getting the talent and the employer on the same page has never been an easy task, especially in the present scenario of innovation and competition. But now we are done with the hassle of finding a suitable job or suitable candidate with the revamping technology. Finding jobs or sourcing talents has become much easier with the help of Instahyre.