With the work culture having shifted dramatically in the aftermath of the COVID-19 pandemic, HR-focused startups have made the greatest contribution to maintaining productivity. HR tech startups have always struggled to justify the importance of technology in human resources, but there has been a lot of demand this year due to the obvious digitization that has occurred across companies.
With artificial intelligence (AI), automation and technology dominating the entire year, HR tech saw a significant uptake both in India and globally. Given the circumstances, HR tech startups are assisting emerging companies in growing by providing talent acquisition management and recruitment solutions. From finding the right people to keeping employees engaged (especially when working remotely) technology has revolutionized the human resources industry.
Here is the list of the hottest HR tech firms that are leveraging technology to speed up the hiring process:
This is a leading talent and workforce solutions service provider to Fortune 500 companies globally focusing on technology, IT consulting, engineering consulting domains. iXceed has been functioning as one of the leading end-to-end recruitment solutions, internationally (UK), now operational in the Indian market. It uses an efficient and robust process to develop solutions in the recruitment space. The facilities are primarily tech-skill-based, and customer satisfaction is always based on the best fit for the industry. Moreover, the company uses AI-based recruitment solutions to create a best-in-class experience for both the clients and candidates.
This Gurgaon-based company enables hundreds of organizations to improve their key metrics by minimizing their employee on boarding time, turnover ratios, improved ESS procedures and helpdesk, and much more. Zimyo is helping organizations build a workforce that is 2X productive, engaged and satisfied. In the HR tech space, Zimyo offers businesses an end-to-end platform for employee experiences across the globe. This focus led to the development of Zimyo – a one-stop solution for all HR needs.
A Delhi-based HR tech startup is an advanced hiring platform based on AI, enabling recruiters to hire top talent effortlessly. It is a revolutionary platform that allows companies to find talent with 10x more accuracy and 10x less time compared to any existing solutions. Getting the talent and the employer on the same page has never been an easy task, especially in the present scenario of innovation and competition. But now we are done with the hassle of finding a suitable job or suitable candidate with the revamping technology. Finding jobs or source talents has become much easier with the help of Instahyre.
Started in 2016, ReferHire has created a peer-to-peer (P2P) networking platform to bring together organizations and those seeking new career opportunities. Founded by Rohit Tewari and Jaspreet Oberoi, Delhi-based ReferHire is aimed at building transparency and efficiency in the entire process of hiring the right candidate. Once the user identifies the companies they are interested in, ReferHire will start introducing them to peers in those organizations so that they can look out for an opportunity. The startup is also estimated to have placed around 5,000 candidates via its network.
Started in 2012, EdGE Networks provides a suite of AI-powered products that not only auto-source, auto-screen and auto-engage 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 offers three enterprise solutions – Talent Analytics, Workforce Optimization and HIRE alchemy – that cover a gamut of HR requirements.
This Bengaluru-based company aims to solve talent assessment and hiring while keeping diversity in mind. The startup was founded by Naren Krishna in early 2017 and is a business vertical of Stellar Software Technologies Pvt Ltd. Equiv.in helps companies hire women, differently-abled individuals, members of the LGBTQ+ community, and veterans to make India Inc more inclusive. The startup also curates and conceptualizes flagship events. Some of its clients include Indeed, Thought Works, Infosys, Society General, Microsoft and Blackrock. In 2017, Equiv.in raised a seed round from an angel investor in Hyderabad and a pre-series A round from Manger Consulting Services.