Business Description
Established in the year 2010, we an entire spectrum of manpower outsourcing, talent acquisition, and employer branding services for both IT as well as Non-IT clients. We have a successful track record of 9+ years as pioneers of Recruitment Processing Outsourcing by believing in taking ownership of their customer’s objective, consistently executing the strategies, and valuing their relationships much beyond the business it brings.
We highly value job seeker’s satisfaction with the placement they receive. The reason behind this is that a happy candidate is naturally motivated to work harder and stay with the company. The candidates that have been placed, rate our client’s company very highly which is evident in our attrition rate which is less than 10%. We provide both onsite as well as off-site recruitment solutions. We have extensive engagement experience with MNC’s and startups wherein we are able to execute our assignments on a quick turnaround, less cumbersome and low on cost but high on commitment based delivery model as a result of which most of our clients are on a referral basis.
The promoter has an extensive 20 years of experience in the industry and has worked with MNC’s before starting his own venture hence giving him an edge, deep understanding, and necessary connections which have helped him to bag the biggest names in the industry such as Mercedes Benz R&D, Apple, Amazon as their clients. We serve Tech as well as Non-tech industry and 95% of their employees are graduates out of which 30% are MBAs or postgraduates having an average experience of 3-5 years.
USPs:
1. Processes: Our client has a strong process at the place right from sourcing, screening, and processing the candidates. They have streamlined the hiring workflow processes and tracking mechanism through market intelligence inputs. Pro-actively sourcing and headhunting the candidates through social media, job portals, cross-referencing, and also through vendor management. Post-screening and sourcing they schedule conduct or facilitate all interviews and tests.
2. Business Expertise: The promoter has been into the industry for 25+ years having worked for some of the biggest MNC’s before starting his own venture and hence is able to leverage on his connections across the companies. The business is run by trained professionals (Team of 8) who are able to run the complete show keeping the integrity and ethics on top of their mind and hence are able to generate almost the entire business through referrals.
Expansion Opportunities:
Case Studies: Few of the client’s success stories
1. Apple: Hired 15 managers across India in 2 months for the launch of the iPhone, did the initial hiring for the India tech center.
2. EMC/Dell: Mostly Tech hiring and some Campus Hiring, 800 requirements filled YOY from 2010 to 2016
3. Net App: Tech + non-tech + campus hiring + global mobility for India and Singapore geographies, 600 requirements filled YOY
4. VM Ware: Tech + Non-tech hiring, Onsite, 500 requirements filled YOY from 2010 to 2012.
Valuation For Complete Exit: The Business is Valued at INR 5 Cr. This includes the complete business along with all the assets and liabilities (I.e NAV) of the firm
Reason for Complete Exit: The promoters are looking to retire from this business and relocate overseas to pursue other interest in not for profit sector.
Hand Holding Period: The promoters will be providing a handhold period of six months and any extended term can be mutually decided further.
Additional Information:
List of Services and Solutions Provided:
1. Contract Staffing
2. Full-time recruitments (Mid-Top level management teams)
3. HR Outsourcing
4. Learning and development
Financial Snapshot:
| 2016-17 | 2017-18 | 2018-19 | 2019-20 | |
| Revenue | 7,56,94,765 | 10,23,97,927 | 10,68,12,330 | 12,45,52,430 |
| Net Profit | 22,23,061 | 50,27,272 | 55,04,310 | 64,24,800 |
| EBITDA | 38,78,636 | 85,72,396 | 75,91,661 | 1,03,08,764 |
Revenue Breakup:
| IT Staffing | 40% |
| Non- IT Staffing | 60% |