Today, we live in an on-demand economy where each one of us wants their demands to be fulfilled in the timeliest of manner, be it ecommerce, home services or even recruiting. Just-in-time is the mantra of today. Developed on this concept the Bangalore-based online recruitment firm, Hiree (previously, MyNoticePeriod), aims to bring together recruiters and potential candidates actively looking for jobs.
“Every idea starts with a problem. Ours was simple – the hiring process is too slow to meet our current needs. Hence, Hiree was born.”
Founded by two friends and ex- Yahoo employees, Manjunath Talwar and Abhijit Khasnis, alumni of IIM-A and BITS Pilani respectively, Hiree revolutionized recruitment in India and reducing lead time for hiring by creating an exclusive database of active job seekers. Hiree was launched as myNoticePeriod.com in December 2013 at the Nasscom 10000 Startup Warehouse. The plan was to expedite the hiring process by aiding recruiters to make quick hires as well as job seekers to find better jobs super-fast.
Since its launch in Jan 2014, Hiree has been growing at a tremendous pace and is used by many recruiters from Fortune500 companies to meet their hiring needs. Some of the featured Indian employers include Amazon, Sony, Hitachi, L&T, Cognizant, TechMahidra, Pepsico, etc. Through its website and mobile app, Hiree splits job applicants into three categories – people who are between jobs, people who have “Every idea starts with a problem. Ours was simple – the hiring process is too slow to meet our current needs. Hence, Hiree was born.” already given their prior employers notice, and people who still have jobs but are looking for new ones. Recruiters can also search by how soon hirees can start working in their new organization. In order to get to know candidates sooner and faster, job seekers have an option to upload a video resume, in which they can talk about their qualifications or answer questions provided by an employer. Hiree also allows employers to use assessment exams. Though a number of industries can use Hiree, Abhijit says that 50 percent of business comes from the tech industry.
The company has acquired more than 800 paid customers in less than a year, has over 170,000 profiles and claims to be adding thousands of new jobseekers every day. Hiree won the Award for Best Design in the NASSCOM Product Conclave 2014, Pride of India Award in Oct 2015, Zinnov Startup Beacon Award in Dec 2015, the “Fastest from Seed-to-Series in the recruitment space” in Jan 2015 and the “Rising Star Startup” Award in March 2016.
The company recently raised $3.3 million from IDG Ventures India and a number of angel investors, including $3 million series A in January 2015. Abhijit mentions that funding amount has been invested in the product development, marketing and team expansion. Hiree.com has a differentiated product than any other jobs listing portal. Hiree is adding benefits like smart matching algorithms, real-time alerts and a unique private messaging system. The recently launched Android App for recruiters has allowed them to connect with candidates through call, whatsapp, SMS, e-mail and schedule meetings in real-time for future discussion. Hiree has been spending mostly on digital media with targeted ads on Facebook, Google, Yahoo, Saavn and Youtube. Back in October 2014, the company had only six people but today is a 65 member strong team. Abhijit claims Hiree to be a horizontal platform and Hiree’s recruiters to be gaining 20 times improved efficiency in their candidate search.
“In a startup, absolutely nothing happens unless you make it happen.”