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[Startup Bharat] This Jaipur-based HR tech startup has built an Ola-like aggregator platform for recruitment

6 13 0
06.05.2019

If you are a professional recruiter, you would have agonised over hiring decisions at some stage in your career. Questions on the right candidature, skill sets, cost-to-company, and more would have plagued you and your organisation. Good talent is hard to come by. Increasingly so, as numbers suggest.


The State of Talent Acquisition in India 2018 report by HR tech firm Mettl reveals that over 85 percent of business organisations in India list ‘acquiring good talent’ as one of its top three challenges. The problem is particularly pressing in metros and Tier 1 cities, where close to 90 percent of businesses admit to facing “a massive shortage of high-skilled, mid-level talent”.


Enter, HyreFox, an online HR marketplace that connects employers with professional recruitment consultants and headhunters from across India.


Prateek Jain (left), Navaldeep Singh and Aditya Kedia, Co-founders, HyreFox

HyreFox was co-founded by Prateek Jain, Navaldeep Singh, who has 16 years of combined experience in HR and recruitment, and Aditya Kedia, who brings 15 years of experience in IT and artificial intelligence (AI) last year.


The startup launched operations in May 2018, and has already aggregated over 150 recruitment vendors, and closed 900 positions for over 70 organisations across India.


The Ola for recruiters


The Jaipur-based startup follows the Ola model of aggregation. It brings together recruitment service providers and headhunters under a single web-based platform that serves as a one-stop-shop for employers/businesses.


The platform a) fulfils multi-level (freshers, mid-management, leadership group) hiring needs, b) reduces talent acquisition costs for headhunters, c) improves transparency in the........

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