Business Description:Vserve is the first organization in India to work for the other India - Rural India. Our business model is to provide world class services available in the metros, to the youth of the non-metros.
Vserve is working towards becoming the one-stop shop for all career requirements for the rural youth - from skill-based job oriented training programs and jobs in various industries, to helping the students take up higher education abroad. Vserve has also started its Technologies division which provides web solutions to clients in India and Abroad.
Vserve will soon launch its own ERP products for the Manufacturing, Real Estate and Recruitment Industry. Vserve Technologies will also launch two portals - one for the Real Estate and another for the Travel Industry by September'08.
Industry:HR/ Recruiting / Training
Founded in:2005
Source of idea:Systematic search for business opportunity
Significant Competitors:Training - IIJT, NIIT, Aptech
Recruitment - Manpower, Kelly, Additions
Education Abroad - Chopras, VIEC
Company Details :
Company Name:Vserve Corporate Services
HeadQuarters:New Delhi
Stage of the company:Several customers or locations
No of Employees (2006):16-25
No of Employees (2007):26-50
Office Locations(2006):6-15
Office Locations(2007):16-30
No of companies promoted:Yes (2)
Profits (2006):1 to 5 lacs
Profits (2007):6 to 15 lacs
>Partnerships:- Have tie-ups with over 100 organizations for recruitment like Dell, Bank of America, Barclays, Convergys, IBM, HP, ITC, Times etc.
- Have tie-ups with over 100 institutes & universities in U.S.A., U.K., Australia, Canada, Singapore.
- Training Partners to organizations like Wipro, Birlasoft, Xansa, Greenply etc.
- Training Partners to over 50 Colleges in North India.
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:Expansion to rural cities, re-skill the ever growing youth of India.
Awards & honors:
Promoters Details :
Promoters Name(s):Rajive Narain
Age:40
HomeTown:New Delhi
Education:Bachelors
No of companies promoted:Yes (2)
Family Background:First gen entrepreneur
Job:Director at Modi Apollo International Institute
Ex-Job Description:Sales & Marketing
Favorite Book/Movie:The Wheel / Black