Business Description:An online recruiting market place, The HiringTool connects employers and recruitment agencies by accelerating enterprise level planning, management of the recruitment function. From a single destination (www.thehiringtool.com) employers can now get access to passive and qualified candidates from a network of recruitment agencies and manage their requisitions and candidate pipeline through an intuitive and user friendly interface. Our vision is to give a fillip to the employer - consultant relationship based on performance driven statistics delivered over web-based competitive platform.
Industry:HR/ Recruiting / Training
Founded in:2008
Source of idea:Replicated or modified an idea encountered through previous employment
Significant Competitors:Reffster/ Yellojobs/ Naukri/Monster/ Placement agencies like Mafoi
Company Details :
Company Name:Hiring Tool
HeadQuarters:Hyderabad
Stage of the company:Several customers or locations
No of Employees (2006):Did not exist
No of Employees (2007):0-5
Office Locations(2006):Did not exist
Office Locations(2007):0-1
No of companies promoted:Yes (4)
Profits (2006):Did not exist
Profits (2007):
>Partnerships:Crederity- for credential verification of partner recruitment agencies and eventually candidates hired through thehiringtool.
Tiriyo- for leveraging their resume matching technology to keywords in job descriptions to save time for employers in screening resumes.
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:We keep a percentage of the placement fee, have a subscription model and can charge for job postings- right now we are only focussing on revenues from split of placement fees.
Awards & honors:Presented at Proto.in July 08 edition
Promoters Details :
Promoters Name(s):Nupur Panjabi
Age:30
HomeTown:Hyderabad
Education:Bachelors
No of companies promoted:Yes (4)
Family Background:First gen entrepreneur
Job:Asst Manager at Wipro Technologies
Ex-Job Description:recruitment for Enterprise Application Services
Favorite Book/Movie:Broiler Room and 21
