Business Description:plugHR sets up & runs HR departments for organizations. By a simple sign up, the client gets a full fledged HR department running within 15 days from sign up. The client also gets HR delivery tools in the subscription making it a truly plug-n-play model. The business is addressing a highly recognized painful problem faced by organizations all around, namely, putting together a knowledgeable, stable and interruption-proof people management platform that is human enough. The plugHR model beats other alternatives hands down.
Other options like setting up an internal team is too time consuming, non-core & expensive. Using retired HR professionals as freelance advisors is more gyan than execution and is not dependable. Pure software platforms still require a user.
Industry:HR/ Recruiting / Training
Founded in:2005
Source of idea:Systematic search for business opportunity
Significant Competitors:Corporate HR departments Freelance Consultants
Company Details :
Company Name:plugHR
HeadQuarters:Mumbai
Stage of the company:Several customers or locations
No of Employees (2006):0-5
No of Employees (2007):6-15
Office Locations(2006):0-1
Office Locations(2007):2-5
No of companies promoted:No
Profits (2006):
Profits (2007):6 to 15 lacs
>Partnerships:We partner Thomas International for providing assessment solutions to our portfolio companies
Initial Funding:Personal savings
Addl Funding:Family & friends
Institutitional Capital:No
Revneue Model:Subscription revenue
Awards & honors:Economic Times reported plugHR as the "Big Out of The Box Idea" in its "hiFlyer" section in December 2007
Promoters Details :
Promoters Name(s):Prashant Bhaskar
Age:34
HomeTown:Mumbai
Education:Masters
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Country Manager at IT People India Ltd
Ex-Job Description:Sales, Marketing, Business scaling
Favorite Book/Movie:ILLUSIONS - Richard Bach
