PurpleHealth, a 360-degree ‘Health On Demand’ platform have announced the appointment of Dr. Nagarjun Mishra as the Co-founder and Chief Officer – Business & Strategy, to lead the sales operations and drive the business strategy for the company. An Emergency Physician by education, Dr. Nagarjun comes with a wealth of experience in the Healthcare and Wellness sector. Prior to joining PurpleHealth, Dr. Nagarjun was leading Health & Wellness teams of top Indian insurance companies such as Reliance General Insurance & ICICI Lombard where he founded and engineered the strategy for preventive health.
[Image Credit - PurpleHealth]
[Image Credit* – PurpleHealth]
Speaking on his appointment, Dr. Nagarjun Mishra said
What brought us together was the vision of creating a difference to the health and wellness industry by providing technology driven holistic healthcare solutions. India faces a huge shortfall of Doctors and the current healthcare ecosystem operates in silos. PurpleHealth has an innovative product roadmap answering to this concern & I am looking forward to contributing to it. I truly believe in PurpleHealth’s mission to empower people in improving their health index by making healthcare more affordable and accessible.
During his tenure at Reliance General Insurance, he conceptualised and designed several innovative services like Go Fit [A technology enabled fitness program with gamification], Health-o-pedia [Post Claim Advisory], R HealthBeat ([n-house Wellness magazine], Wellness Carnival [Corporate Wellness initiative], besides many more healthcare programs. In addition, Dr. Nagarjun helped found one of India’s first healthcare portals, TotalHealthNeeds.com, back in 2008, which won multiple national accolades. His foresight and vision was deeply appreciated by industry peers, corporates and healthcare providers alike.
Vikram Nair, Co-founder & CEO, PurpleHealth.com welcomed Dr. Nagarjun Mishra on board and said
We are very pleased to have Dr. Mishra join the PurpleHealth team. He has a great understanding of the healthcare domain, and brings in a rare combination of medical expertise and business acumen with a technology bent. His deep industry relationships will help accelerate our deployment, and his involvement will only strengthen our product design and roadmap.
Dr. Nagarjun is an alumnus of Hyderabad Public School and pursued Emergency Medicine through Apollo Hospitals, Hyderabad.
About PurpleHealth
PurpleHealth is a 360-degree health platform that delivers a large and diverse spectrum of solutions, services and products to consumers, healthcare providers and institutions. Currently, the Healthcare delivery ecosystem operates through individual, independent and unconnected silos. PurpleHealth aims to build collaborative healthcare distribution models with a common customer pool, through integrated technology. PurpleHealth enables consumers to take active control of their health by providing a one stop seamless interface with it’s fast growing healthcare network, which is already 38,000 Doctors and 4000 Hospitals strong.
The platform empowers its users to choose the right medical practitioners, schedule appointments, set up video & audio chats with doctors, and much more. PurpleHealth’s range of products and services spans the entire spectrum of health and wellness needs. PurpleHealth believes that in order to achieve a positive impact, it is important to provide quantifiable, personalized and accessible care, services and solutions to the consumer. In addition, PurpleHealth provides bundled Health and Wellness solutions to corporates – customized at individual and group level – due to the growing incidence of chronic and preventable lifestyle ailments. The goal of these solutions is to reward healthy behaviours and positively reinforce healthy living habits amongst its users. For more information, please visit PurpleHealth

With more than 11 lakh users, 1,300 lenders, U.S. based Biz2Credit, rated as most trusted online credit resource in the U.S. who has already arranged funding of over $1.4 billion in financing in U.S. is all set to revolutionize the Indian Funding market by making finance available to thousands of small and mid-sized companies looking for business loans on best terms.

Ramit Arora, President & Co-Founder of Biz2Credit said

India has huge market of around 29 million small businesses and SMEs contribute 45% to the country’s industrial output and to 40% of the total exports. The new trends in SME financing are getting influenced by digital revolution. This includes analytics based lending, peer to peer lending and various other variants. Digital Finance will capture at least 10% of the $ 300 billion Indian Funding market.

The biggest hurdle the SME’s face is adequate and timely banking finance, limited capital besides ability to adapt and use latest technologies, identification of new markets, need for an effective marketing strategy, constraints on expansions and non-availability of skilled labour at affordable cost, including demand side constraints.

The lack of organized credit to small business owners is a gap in the Indian financial market today and an inhibiting factor for growth of entrepreneurship in India. Biz2Credit aims to address this gap with its focused digital offerings to provide capital to thousands of small and mid-sized companies for expanding and growing businesses in India in a fast and efficient manner.

Ramit Arora, President & Co-Founder of Biz2Credit added

India has countless small and medium-sized businesses (SMEs), contributing more than 60% to the economy. Entrepreneurs often resort to using personal credit cards, home equity lines or their own savings to fund businesses when there are much better options. Biz2Credit streamlines the loan application process and finds the best deals on loans, lines of credit and other forms of financing.

We will help Indian entrepreneurs to quickly secure the funding they need to grow their businesses. We are thrilled to help India”s small business finance industry, digitally. Financing on Biz2Credit’s platform ranges from $5,000 to $5 million and can be coordinated in as little as 24 hours for working capital, commercial real estate and other uses.

Using its proprietary technology, Biz2Credit matches borrowers to financial institutions based on each company’s unique profile, in a safe, efficient and price-transparent environment. Biz2Credit’s customers will gain access to full range of Biz2Credit’s offerings including data and risk analytics through the patented BizAnalyzer Score, enabling lenders to process transactions with an automated score card s. Also, the BizAnalyzer Score Simulator Tool will allow SME owners to review a personalized snapshot of their business health will be made available free of cost.

In India Biz2Credit has partnered & tied up with Tata Capital, the flagship financial services company of the $108 billion Tata Group and Busy Infotech Pvt. Ltd. Biz2Credit is in advanced stages in tying up with leading banks/ financial institutions/lenders in India to boost online financing success for individuals and SMEs in India under PM Narendra Modi’s ‘Digital India’ and ‘Make In India’ initiatives which are opening up bigger opportunities for the SME sector.

About Biz2Credit Info Services

Established in 2007 in the U.S., Biz2Credit is an online marketplace bringing together an array of lenders and fund-seeking entrepreneurs and individuals to arrange online SME loans, lines of credit, equipment loans, working capital and other business funding options as well as consumer loans. With more than 11 lakh users, 1,300 lenders, and credit agencies like D&B and Equifax, Biz2Credit has earned a reputation as a trusted online credit resource in the U.S. Biz2Credit has now ventured in India to provide a similar platform for individuals and SME community. For more information, please visit Biz2Credit

At a year on year growth rate of 27 percent in May 2016 the online recruitment activities saw a decline of 25 percentage points from a robust 52 percent in January 2016 according to the latest Monster Employment Index. A marginal drop from the year on year growth of 28 percent in April 2016.

A noteworthy observation in the month of May was seen in the much publicized industry, e-commerce. Monster Employment Index [MEI] for May 2016 shows that the sector which is currently under economic scrutiny, witnessed a 35 percent year-on-year growth; one percentage point higher than in April 2016. Clearly, the sector is moving in a positive direction with steady increase in hiring activity over the months.

The online demand for Engineering professionals surged this month as well. The year-on-year growth rate paced up from 39 percent in April 2016 to 47 percent in May 2016. Charting the highest growth figures, Printing and Packaging industry is leading the rung with 67 percent growth from year-ago. The sector has been witnessing a steep double-digit annual growth rates since February 2016.

Commenting on the latest trends and developments in various sectors, Sanjay Modi, MD, Monster.com said

The MEI reveals that the online hiring sentiments is onto a slow paced growth. This hiring downturn can be attributed to domino effect caused by a global slowdown. However, the growth of the manufacturing sector in India at 7.1 percent from last year’s 5.3 percent year has had a significant bearing on the year on year spike in the online recruitment in the production and manufacturing sector. With a positive outlook for the sector that is expected to see the number of online shoppers in India grow to 175 million and Gross Merchandise value to reach $60 million by 2020, the e-commerce sector also registered a double digit year-on-year growth of 35 percent.

Monster Employment Index India results for the past 18 months are as follows

Industry Year-over-year Trends

Of the 27 industry sectors monitored by the Index 24 industry sector registered increased e-recruitment activity.

  • Printing/ Packaging sector has moved up the ladder to lead all monitored industry sectors on a year-on-year basis. This month (May 2016) the sector has registered a 67 percent growth from the year-ago; the sector has been charting steep double-digit annual growth rates since February 2016. The six-month growth rate reveals, e-recruitment activity in the sector has increased by 34 percent between November 2015 and May 2016. Month-on-month, there has been an 11 percent growth in opportunities as well.
  • Education (up 65 percent) sector is next in the rung. Online recruitment activity in the sector has been exhibiting uninterrupted positive growth on an annual basis since July 2015. It is notable that this is the only sector to have recorded positive month-on-month growth rate consistently since September 2015. Online hiring in the sector logged a seven percent growth on the month in May 2016.
  • Online recruitment activity in IT – Hardware, Software (up 62 percent) continued to exhibit diminishing yet robust growth. For the second month in a row the sector witnessed no growth in short-term (month-on-month). Likewise, pace of growth (year-on-year) in the BPO/ITES moderated further from 20 percent in April 2016 to 18 percent in May 2016.
  • Having slowed in the past months, the year-on-year growth momentum in Production and Manufacturing (up 35 percent) as well as Automotive/ Ancillaries /Tyres (up 36 percent) sector paced up in May 2016; up from 15 percent and 17 percent in April 2016 respectively. The month-on-month growth registered was also the steepest among all sectors; Automotive/ Ancillaries /Tyres (up 16 percent) and Production and Manufacturing (up 14 percent). The related Logistics, Courier/ Freight/ Transportation sector continued to growth at a steady rate of 15 percent year-on-year.
  • Engineering, Cement, Construction, Iron/Steel registered a 42 percent growth from the year-ago; up from 24 percent in April 2016. In the related Real Estate sector, on the other hand, the year-on-year growth momentum eased further from four percent in April 2016 to one percent in May 2016.
  • Healthcare, Bio Technology & Life Sciences, Pharmaceuticals exceeded the corresponding period a year-ago by 40 percent maintaining a steady pace. Month-on-month, there has been no growth in online hiring.
  • Among all monitored sectors, online recruitment activity eased the most in Office Equipment/Automation (down 11 percent) sector on an annual basis.

MEIN_3

E-Commerce

E-commerce sector registered a 35 percent growth from the year ago; one percentage point higher than in April 2016. Month-on-month, the sector has seen an increased demand of four percent. This month the six-month growth rate has also improved from six percent in April 2016 to 11 percent in May 2016. The growth pattern has exhibited no significant fluctuations in the past months.

Occupation Year-over-year Trends

Online demand increased for 12 occupation groups out of the 13 monitored by the Index.

  • The year-on-year growth rate moderated further for professionals at the Senior Management level; down from 79 percent in April 2016 to 69 percent in May 2016. Yet the figures portray a positive outlook owing to a significant jump since April 2015.
  • Online demand for Engineering/Production surged this month. At four percent, the group registered the steepest month-on-month growth among all monitored job roles. The year-on-year growth rate paced up from 39 percent in April 2016 to 47 percent in May 2016.
  • Year-on-year, Marketing & Communications (up 47 percent); Software, Hardware, Telecom (up 42 percent); Health Care (up 42 percent); Sales & Business Development (up 34 percent) are among the top in-demand job roles. The long-term growth rate moderated the most for Purchase/Logistics/Supply Chain (up 10 percent); down 27 percentage points.
  • Online demand for Hospitality & Travel (up two percent) continues to decline progressively; the year-on-year growth momentum eased further by two points. The group also witnessed online opportunities slip below the three-month and six-month level by six percent and one percent respectively.
  • Online demand for Arts/Creative matched the year-ago level. Year-on-year growth rate for the group has been declining progressively starting November 2015 and has a exhibited the most restrictive online demand this month.

Geographic year-over-year Trends

E-recruitment activity increased in all 13 cities monitored by the Index.

  • Chandigarh (up 47 percent) led all monitored cities charting the steepest growth year-on-year even this month. The rate of growth, nevertheless, moderated from 53 percent in April 2016 to 47 percent in May 2016. There were fewer opportunities on the month; down by two percent.
  • Among tier I cities, Chennai (up 40 percent) followed by Bangalore (up 39 percent) and Hyderabad (up 37 percent) registered the steepest growth from the year-ago and also ranked among the top growth cities. The growth momentum slowed in Bangalore from 47 percent in April 2016. Delhi-NCR (up 21 percent) also witnessed a slowdown in the annual growth rate by two points between April and May 2016.
  • The annual growth momentum improved in Kochi; from four percent in April 2016 to 12 percent in May 2016. Nevertheless, Kochi continues to exhibit the most controlled annual growth percentage among all monitored cities.  Both three-month and six-month growth rate are still negative for the city; down three percent each.

About the Monster Employment Index

Launched in May 2010 with data collected since October 2009, the Monster Employment Index is a broad and comprehensive monthly analysis of online job posting activity in India conducted by Monster India. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, including Monster India, the MEI presents a snapshot of employer online recruitment activity nationwide.

MEI’s underlying data is validated for accuracy by Research America, Inc.-an independent, third-party auditing firm – to ensure that measured national online job recruitment activity is within a margin of error of +/- 1.05%. For more information, please visit Monster Employment Index

Skyscanner has launched an exciting competition calling on developers to build a game-changing new travel tech product using their APIs. The Build with Skyscanner competition offers the best new travel product the chance to be coached by Founder Gareth Williams, spend a week based in Skyscanner’s Edinburgh HQ, as well as bag a £1000 cash boost to kick-start their new business.

Skyscanner is looking for product ideas that have the potential to truly disrupt the travel industry, giving entrants four months to come up with and build their new site or app.

The competition offers the winning team the chance to receive invaluable one-on-one coaching time with CEO Gareth, who himself knows a thing or two about turning a start-up idea into a success. After starting Skyscanner from a simple spreadsheet back in 2003, the business has grown to become a world leading travel search engine, attracting over 50 million monthly visitors, with 10 global offices and over 770 staff.

The entrepreneurial winning product will spend the week in Skyscanner’s office HQ in Edinburgh, where they will also receive coaching from a world-class team of Engineers, Product Managers and Growth Strategists to help their new business take flight. Entrants will power their pioneering new website or app using Skyscanner’s world-class Travel APIs, which connect developers to all the data they need to create innovative and unique travel solutions.

Skyscanner for Business, the company’s independent B2B unit offers three stand-alone APIs to choose from – flights, hotels and car hire – offering the most flexible integrations and inspirational search features in the market.

Skyscanner has already partnered with a number of promising start-ups who have gone on to do great things by using the APIs. LuckyTrip, who power their flight search using Skyscanner’s inspirational Browse API were named as one of iTunes ‘Top Apps for 2015’, while US-based app Hitlist who power their price alerts via the Skyscanner API, have had 400,000 downloads of their app.

Skyscanner CEO and Co-Founder Gareth Williams commented

We are delighted to invite start-ups and developers to take part in this competition, which we hope will inspire young programmers and businesses to build something truly cutting-edge and bring something fresh to the travel industry. Travel is one the most fascinating industries to due to its complexity and size, and I believe there are endless traveller problems still waiting to be solved. With the right drive and a great idea there is boundless opportunity for trailblazing new products within the travel space.

The competition is now open and entrants can sign up and get started through the Build with Skyscanner page. Keep up to date with the competition on Twitter by following @Skyscannertools and using #BuildwithSkyscanner

About Skyscanner

  • Skyscanner is a leading global travel search company providing free search of flights, hotels and car hire.
  • Founded in 2003, Skyscanner helps meet the travel planning needs of over 50 million people each month.
  • Skyscanner is available in 30 languages.
  • Skyscanner’s highly-rated free mobile apps have been downloaded over 40 million times.
  • The privately-owned company employs over 700 staff and has ten global offices in Edinburgh, London, Singapore, Beijing, Shenzhen, Miami, Barcelona, Glasgow, Sofia and Budapest. For more information, please visit Skyscanner

Many a times, we come across instances where we wish that it would have been better to ‘Rent’ a product than ‘Buy’ it. When my wife Janukin sought to sell home-made chocolates online, we borrowed a good DSLR from a friend and got our catalogue ready !! He definitely charged us for the DSLR 🙁 There was definitely an un-tapped market for ‘Renting out such gadgets’ and this is market that EazyLeazy, a startup based out of Mumbai plans to address !!

EazyLeazy is co-founded by Peshotan KapadiaMeheryar Tata that aims to make renting as easy as ordering a pizza. Today we have a chat with Peshotan Kapadia about EazyLeazy, Startups, Life as an entrepreneur and much more. So lets’ get started ….

[Image source – EazyLeazy]

Can you give a small background about you, your start-up and it’s founders ?

We provide easy rental access to great products to our customers – whether they want to use something for a short time without buying it or try something before they buy it. With easy online booking, instant confirmation, delivery in 3 hours [when needed], Cash/Card On Delivery, Low rentals and free doorstep delivery/pickup, we want to make renting so easy you #DontThinkJustRent
Meheryar Tata: A Chartered Accountant by training and spent 3.5 years in Deloitte in assurance and another 3.5 years in Deloitte in the valuations team with an extensive experience in valuation of businesses in connection with mergers/acquisitions/divestitures, regulatory compliance and financial reporting across insurance, infrastructure, telecom, e-commerce, pharma, agri-business and manufacturing. Passionate about equity investing, reading, football and playing the guitar. 
Peshotan Kapadia: Chartered Accountant by training, spent 3 years at EY in financial risk management and the remaining 3.5 years of his past career at the Boston Consulting Group. With this [over] half decade-long career, he acquired experience in M&A, sales organization and efficiency, digital strategy, customer relationship management, marketing and consumer research across financial services, insurance and telecom sectors. Loves to play the guitar, go on long drives, eat and read fantasy fiction.

When and how did your come up with the idea of EazyLeazy ?

When I was going on my honeymoon, I wanted to take a DSLR with me. However, I knew if I bought one it would sit gathering dust after I returned. Similarly, Meheryar was having multiple house warming parties for his new place and felt the need for games, speakers, etc. What we found was that there was no professional, reasonable priced, online based and convenient service we could use.

Can you explain the entire process of Renting, Buying, Selling on EazyLeazy

The process is extremely simple. Come online, see the details of the product and pricing available, check the date availability and checkout online. We deliver to your doorstep on the appointed day and you can make payment via cash or card after taking delivery. Similarly we come pickup the product when the rental period is over. We are available over Call, WhatsApp, Facebook, Twitter and Email for both transaction and technical support.

Is EazyLeazy inventory led [i.e. you source products from buyers interesting in renting it out] or marketplace based [i.e. Connect interested parties over EazyLeazy]

It is currently a mixed model and varies by product.

What are the categories that are currently present on EazyLeazy ?

We currently have 4 major product categories: (i) Travel which includes amateur DSLRs, GoPros and Kindles (ii) Party and Entertainment covering karaoke, projectors, speakers, hover-boards, games & more (iii) Hobby which includes music & baking and (iv) Try before you buy which includes smartwatches, fitness bands and phones. We are constantly expanding our categories so expect a lot more soon.

Is it possible for someone to buy a product that has been rented out to him/her ?

Currently, given that we are constantly in need of supply, we do not sell inventory to our customers. However, in the future, depending on the asset class and age we will have a process by which you can keep the inventory if you like it.

How does EazyLeazy stack up against competitors like RentSher, RentOnGo or even Furlenco [though it is only in Furniture] ?

EazyLeazy is not here to replace ownership. There will always be products which you should own based on your passions and frequency of use. However, you will always feel the need to experience other products for a short period of time – that’s what we are here for. We are also extremely convenience driven – we want to make renting as easy as ordering a pizza. We hope in the long  run we are able to impact the quality of our customers experiences.

EazyLeazy is currently operational in how many areas of Mumbai ?

We are currently fully operational in the entire Mumbai Metropolitan Area, but we also serve Navi Mumbai and Thane on an exception basis.

How is the logistics and reverse logistics being managed by EazyLeazy ?

Given our focus on customer experience and service, we currently manage all the logistics in-house.

How do you ensure that there is no breach of trust by the customer [i.e. Same product is returned and it is not exchanged with some fake product] ?

We have multiple levels of checks to ensure this. Given that many businesses assume credit risk, we deal with the risk in a similar way.

What is the Total Market Size of the P2P renting in India ?

We are currently in the business of renting long tail assets [don’t include property, furniture, apparel and auto], the potential for which is largely unexplored or established. There is basically a very small un-organized market at this point. This is the total renting market. P2P renting is even more nascent than that. We will only know the true potential after a couple of players get funding and scale up significantly.

EazyLeazy currently caters to only consumer electronics/Hobby electronics, do you plan to venture into other areas like Furniture, Toys etc.

We are actively looking to expand into other long tail categories. However we are are conscious of not diluting or over complicating our business model. Categories need to be a good fit on the market proposition and operating model spectrums. We currently have no plans to do the larger asset classes [apparel, furniture, cars, etc.]

How is EazyLeazy funded [Self funded, Angel, VC etc.] ?

EazyLeazy is currently self-funded

What are the major changes that you experienced when you became an entrepreneur ?

Well may actually but let me try and list the major ones:
  • The level of drive, commitment and excitement towards what you’re doing
  • The ridiculously steep learning curve in all aspects of the business
  • Experiencing the “buck stops with you” level of stress; you are the last line of defense for a things
  • Not getting a paycheck every month but having to issue them 🙂
  • Going from being a “consultant” to a “business owner”

Being from a non-technical background [since both of you are CA’s], what do non-tech co-founders look into a tech co-founder ?

Well tech or non tech I think a co-founder needs to (i) be on the same wavelength in terms of vision, direction and ethics are concerned and (ii) be extremely reliable and trustworthy; The technical/functional skills for me are important but secondary to these two.

Some insights into marketing [Lessons learnt while marketing EazyLeazy] ?

Haha. Now there’s a tough question. My one simple lesson is more experimentation less discussion. Running small scale experiments will give you the answer.

What are some of the qualities that entrepreneurs should look into while hiring their initial set of employees ?

The initial days are very tough so I look for (i) faith in the idea (ii) tenacity (iii) willingness to do multiple things and (iv) a fun upbeat attitude

Can you give some pointers on Scaling Up & Customer Acquisition [some take-away for entrepreneurs]

For me, sustainability is a key factor when scaling up. Rapid scale up without definite validation of most important aspects of the business model is dangerous. While it does not mean you won’t scale up, it adds a level of uncertainty and risk which for me us not acceptable. A business process should be comfortably replicable for 100-1000 transactions and for 1-10 locations. Given that we run a rental business, the quality of customer acquisition is also a concern for us. Growth cannot come at the expense of default/breakage risk.

Bootstrapping or Funding, what are your views on the same ?

There’s no right answer given the large number of variables. My simple point of view is bootstrap until you need to grow 10-20x+ and have the confidence to scale up.

How important is it for startups to focus on Unit Economics [and not some other arbitrary factors] ?

Depends on the sector and revenue model of the startup. For us, unit economics are paramount given that we actually transact with our customers (and aren’t a social medium, content generator, etc.). I believe that building a transactional business at a price point which will change in the future brings a question mark to the lifetime value of the customer acquired. So if I acquire a customer at a rental of Rs. 500 a week, I am unsure of the impact on my base and the efficacy of my offering when I take the price up to Rs. 1000.

Your views on the current start-up eco-system & valuation correction currently happening across many startups ?

I personally think it’s still to early to tell. Startups are driving a fundamental change in consumer behaviour and the final impact of that may take some time to be realized. Overall, the increased focus on cash flows, unit economics, revenue models and profitability is very positive.

Your startup Mantra ?

Add true sustainable value for the customer at a profitable price point
We thank Pesho for his time & sharing his valuable lessons in building EazyLeazy with our readers !!! If you have any questions for EazyLeazy team, please leave them in the comments section or email at himanshu.sheth@gmail.com

On 17 June 2016, IBM will host IBM DeveloperConnect, a first-of-its-kind meet up that will bring together the developer community. Designed to give developers a year’s worth of learning in one day, the event provides opportunities for hands on experimentation with next-gen technology on IBM Cloud, including Bluemix, Watson, IoT and Blockchain

[Image Credit* – IBM Connect 2016]

At the event, developers will hear from a number of respected technology leaders and developer advocates, including

Additionally, IBM executives will lead technology sessions and share key announcements on new products, offerings and initiatives. IBM speakers include

IBM will also host lightning demos and an immersive experience zone, where developers can test out the newest technologies and offerings on IBM technology.

Wisdomjobs, one of India’s leading end-to-end recruitment and career solutions portals, announced a unique solution, ‘Quick Source‘ to enable start-ups conduct a hassle free recruitment process. Wisdomjobs is India’s first job portal with an integrated online skill testing & rating system which has a database of over 30 million profiles and 3,500 clients across the country.

While the general practice is for companies to utilize the services of a placement agency or to purchase database access from any of the job portals, this often creates financial and manpower strains on them, especially if they are a start-up. Through Quick Source, Wisdomjobs aims to ease this process by delivering sourced and screened resumes to meet specific requirements of Start-ups. Going a step further, Wisdomjobs will also carry out a preliminary screening of the candidates and only those profiles that really measure up to the company’s requirements will be shared.

[Image Credit* - Wisdomjobs]

[Image Credit* – Wisdomjobs]

Quick Source will cater to companies’ hiring needs for normal, niche and super-niche profiles.

How does ‘Quick Source’ work ?

  1. Start-ups define their hiring requirements and receive sample profiles through Quick Source
  1. After agreeing on the degree of match of the received profiles, Quick Source will then provide ‘resume packs’ with screened profiles based on the complexity of the skills and the experience required by the start-ups. 
  1. The Start-ups take as many resume packs as needed to fill their open positions.

Announcing this new program ‘Quick Source’, Ajay Kolla, Founder & CEO, Wisdomjobs said

We have always strived towards simplifying the hiring process. Quick Source does exactly that to support and enable the start-up ecosystem to grow. From our own experience, we understand the predicaments faced by start-ups such as the additional financial burden, time constraints and lack of qualified people to screen and shortlist candidates. Therefore, we want to provide an effective solution to make hiring easier for start-ups. This significantly eases the burden on them by providing them suitable candidates within a short time in an extremely cost efficient manner.

About Wisdom Jobs

Started in 2010 and headquartered in Hyderabad, Wisdomjobs is one of India’s leading job portals providing end-to-end recruitment solutions to organizations and career opportunities to individuals. Wisdomjobs is India’s first job portal with an integrated online skill testing & rating system – Pragnya Meter.

Within a short span of 5 years, Wisdomjobs has developed a database of over 30 million profiles spanning experience levels, skill sets and industries, thereby providing a huge pool of relevant candidates to various organizations. Wisdomjobs is an ISO 9001:2008 certified company with a clientele exceeding 3500 customers including some of the prominent names of the industry. For more details please visit Wisdomjobs.com

Exotel, one of India’s leading cloud telephony companies, have  announced the appointment of Anandakumar as the Chief Finance & Strategy Officer and Rashmme Eshwar as Head, People Operation, further strengthening its leadership team.

Commenting on these appointments Shivakumar Ganesan, CEO & Co-founder, Exotel said

We are very excited to have Rashmme and Anand on board. They bring together close to 25 years of experience to the company and that would help us in achieving two of our biggest goals for the year – growth and expansion.

Anandakumar is a computer science engineer from BITS Pilani and MBA from IIMB with close to 10 years of experience in consulting and technology. He has been associated with Yahoo! and Alvarez & Marsal among others. He is a whiz at performance improvement techniques and restructuring projects. At Exotel, Anand will be the brain behind the expansion and growth strategies. This, of course, is in addition to heading the Finance team of Exotel. He is a finance buff and literally nothing escapes his keen eye.

Commenting on the appointment, Anandakumar said

I am excited to be part of the team that is building an innovative communications platform. We want to be known as one of the best home-grown engineering startup success stories in India. Businesses are successful only when value is created for all stakeholders.  I hope to contribute to our journey by laying a solid foundation in terms of strategy, planning and execution that will ensure we reach our goals.

Rashmme Eshwar is an HR professional with 14 years of experience across multinational organizations including Citrix, Yahoo!, SAP and Convergys. She has held diverse leadership responsibilities in her long career, notably a six-year long stint as the International HR Manager at CITRIX. She holds an MBA from Birla Institute of Management. At Exotel, she will be looking after talent acquisition and employee management.

Commenting on the appointment, Rashmme Eshwar said

I am lucky to be working with some of the best engineering talent in the industry. We have a very young, energetic and vibrant workforce at Exotel. Building a positive work environment where ideas are freely exchanged is a priority, we value diversity and believe that ability is more important than experience. My goal is to ensure Exotel is an employer of choice.

About Exotel

Exotel is the most reliable and scalable cloud telephony platform in India. Founded by Shivakumar Ganesan, Ishwar Sridharan and Siddharth Ramesh in 2011, it powers voice communication for over a 1000 businesses including brands like Ola, Uber, Flipkart etc. Voice & Data picked Exotel as the Editor’s Choice Emerging Company of the Year 2014. Nasscom’s Emerge Product conclave picked Exotel as one of the top 10 emerging startups in India. For more information, please visit Exotel