RecruiterBox aims to make recruiting easy for companies. Raj Sheth (centre), an undergraduate in finance from Babson College, Boston, joined RecruiterBox, the brainchild of IIT Chennai graduates Girish Redekar (right) and Raghuveer Kancherla who stumbled upon the idea when they were trying to build a job search engine. Companies need to forward e-mails with attached résumé in response to job openings to RecruiterBox, which creates candidate profiles based on the mail and can be accessed by not just the HR but all departments of the organisation.
Within a year, it has helped 200 companies including Groupon, Levi’s and Standard Market avoid manual updating of spread sheets. The company charges $50 for five openings, $200 for 10 and $500 for 25. About half its clients have signed on in the past five months with more than 80% from the US. The target: expand the customer base five times to 1,000 by FY13. “We have a few plans that give us confidence,” says Sheth. “Not only have the first 200 customers helped make our product stronger, they’ve helped define our target segment.”