India is one of the youngest nations in the world with a large chunk of its population, under the age of 35. So, if India wants to be at the pinnacle of success, this population must be employed. Every year crores of students graduate from colleges with an aim to earn and live their dreams.
Earlier, it was an easy shot for companies to find their candidates during college recruitment as the population was less and so was the competition. But today in this era of cut-throat competition, it becomes difficult for the hiring team to find the perfect guy for their company!
Every Computer Science graduate burns the midnight oil to get placed at Google or Microsoft while an Electrical/Electronics engineer wants to work with Texas instruments. So, the selection process too became complex and difficult.
Since companies can’t spend a lot of money and time on recruitment, they have found a better way to do that i.e. to just give the task to an HR company! So some other firm would do the task for you. So, let’s find out about this new venture and whether it will stabilize for the long run in the market! So, let us see the complete story behind the top HR Tech Startups in India:
Launched in 2014 by BITS Pilani alumnus Vijay Sharma. Belong is a predictive hiring platform to discover and engage high-impact talent through data science and predictive analytics. They are considered as one of the top HR-Tech companies in India.
Currently, Belong works with Amazon, Reliance Jio, Cisco, and ThoughtWorks. Belong’s machine learning algorithms help businesses discover and target high-fit talent, engage candidates through personalized interactions, and accelerate hiring cycles at scale. In 2019, the firm raised $10 million.
Established in 2015 by Jayant Paleti, Chaitanya Peddi, and Rohit Chennamaneni. Darwinbox is a cloud-based HR solutions firm. An end-to-end HR platform, Darwinbox offers solutions for recruitment, core HR processes, employee engagement, performance management, employee movement, and others.
The platform’s AI engine allows a recruiter to analyze a job description and employee profile picking up keywords to arrive at a certain ranking metric. So, if there are 400 applicants for a job, the system will shortlist about 10-15 applicants for the recruiter to talk to, which saves time, increases productivity, reduces costs, and results in better talent acquisition. The three-year-old firm serves over 100 clients, including Paytm, Ekart, Spencer’s, Delhivery, and others.
Started in 2012 by Arjun Pratap, EdGE Networks provides a suite of AI-powered products that not only auto-source, auto-screen, auto-engages the best candidates and employees for a role, but also recommend the best career path and draw up a personalized learning path for each employee.
Over six years, the team at EdGE Networks has developed productivity tools that leverage AI to help businesses address challenges in the areas of talent acquisition, workforce optimization, talent transformation, and workforce planning. The company has three enterprise solutions –Talent Analytics, Workforce Optimisation, and HIREalchemy – that cover a gamut of HR requirements.
Launched in 2014 by Abhijit Kashyape, Monjin is an on-demand interview platform that uses digital and video assessment to let candidates showcase their skills and personality, and help corporations find the right hire. On Monjin, assessments are not done by technology. Senior industry individuals review prospective employees for a company.
The interviewers and candidates are matched on the Monjin engine through AI for an interview. The clients have access to a video interview where they see the interviewer and the candidate both in the frame, the interview is indexed, rated, tagged by skill, and subskills, by behaviour and by competency. There is also a summary video as a part of an assessment, which is delivered by the expert.
Mettl’s journey began in 2009 when Co-founders Ketan Kapoor and Tonmoy Shingal came together with a common vision: leveraging technology for hiring practices in Indian and Global companies. Mettl offers recruitment assessment, programming tests, psychometric tests, aptitude tests, a pre-built test library of 200-plus tests, an interview app, vocational skills assessment, remote proctoring, deep analytics in performance management, and certification platform, among others. With a presence across 100 countries, the Gurugram-based HR tech firm has over 1,800 clients across the world.
So, this completes our list of top hr tech companies in India. If you are looking for HR startups in India, then give these startups a go! It'll save you a lot of money and energy and find you the right candidate for your company.
What does an HR do?
An HR or Human Resources manager looks into the well-being of the employees in the company specifically in strategic management, recruitment and training, policy formulation, risk management, labour relations, and alike.
What are some HR startups in India?
Some HR startups in India are DarwinBox, Belong, Monjin, Mettl, and EdGe Networks.
Is it compulsory to have an HR in your company?
It depends on the size of the company, if it is a small startup usually the founder takes on the responsibilities of HR as well. But for bigger established companies a separate person for HR is a must to function smoothly.