Business Description:Babajob.com is an online venture that connects employers and informal sector workers - maids, cooks, drivers - with the goal of providing better jobs for everyone. Both job seekers and employers can now leverage online and mobile technology to assist with their searches based on:
(a) 15 different job categories, (b) pricing, (c) location and (d) languages (to name a few).
To offset the issue of "illiteracy" and "accessibility" from a job seeker standpoint, Babajob has created a unique incentive-based mentorship program that enables partners - internet kiosks, cafes and individuals-to help with online registrations.
Employers also can access employment history and references. Furthermore, Babajob incorporates a "social networking" element to create an online community recommending job postings and job seekers through its sister site called "Babalife".
Industry:IT/ Internet/ Software
Founded in:2007
Source of idea:
Significant Competitors:Labournet, greenmango
Company Details :
Company Name:Babajob.com
HeadQuarters:Bangalore
Stage of the company:Several customers or locations
No of Employees (2006):0-5
No of Employees (2007):16-25
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):preprofit
Profits (2007):preprofit
>Partnerships:We have and are in the process of partnering with Caf? Micro-finance Institutes and Internet Kiosks - (i.e. Comat) - to brand increase awareness, visibility and increase job seeker registrations. These partners are called "mentors". Individuals can also be mentors to assist job seekers. We are currently working with a large Telco to send SMS to job seekers.
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:2 big ways. First, we charge employers for database access to our job seekers and fees if they want to guarantee that they hire someone. Second, we will earn a revenue share with telcos for job alerts and voice access to jobs, paid by job seekers. E.g. a worker pays Airtel Rs 30/month for daily alerts of nearby jobs that pay more than his current salary.
Awards & honors:
Promoters Details :
Promoters Name(s):Sean Blagsvedt
Age:32
HomeTown:Oakland, CA, USA
Education:Bachelors Brown University
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Head at Microsoft Research India
Ex-Job Description:Program Management
Favorite Book/Movie:Non-Zero: The Logic of Human Destiny by Robert Wright
