Now, get a job where you “Belong”
Post By Sakshi Shukla on 25-June-2015
Despite advances in technology, recruitment heads of companies travail with a barrage of ill-suited resumes,long recruitment cycles and candidates that are a poor fit with company culture.BITS graduates Vijay Sharma and Sudheendra Chillappagari have brought forth a recruitment startup Belong which is overturning the way companies discover,engage and hire top quality talent.
The eight month old outfit operates on a software-as-a-service (SaaS) model and aids companies in discovering talent through data science and predictive analytics. The Bengaluru based startup gains insights into whether professionals are supinely up for new opportunities by dissecting their presence across the internet. Embarking upon the idea that “great engineers or product managers are never actively applying or looking for jobs”, it analyzes people across social media,their interests and attempts to win over those that fit the bill perfectly.
Revamping the talent hiring process in a way concordant with this data-driven and social age,Belong has facilitated in employing 100-plus candidates across 15 companies like Snapdeal,Zivame,LocalOye,Ola,Practo,Xiaomi, and Akosha.It intends to invest heavily in growing its team and technology,tripling down on its product, and focusing on its data sciences,R&D and engineering. The startup is primarily concentrating on tech talent but will radiate into data science, design, sales, marketing and consulting soon.
Top tier venture capital fund Matrix Partners and Snapdeal co -founders Kunal Bahl and Rohit Bansal are among a group of early investors in the startup. Seed stage investors Blume Ventures, Redbus founder Phaninder Sama and Sierra Atlantic’s Raju Reddy also participated in the $5 million (Rs. 32 crore) series A round lead by Matrix.Inchoate-phase investors have been gushing forth capital into these next generation,tech-backed hiring startups at a time when employers intend to venture beyond the plain-vanilla job posting portals,most of which uprose during the prototypal wave of Indian internet startups during 1990s,that currently reign in the 1$ billion strong search and recruitment market.