We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size...

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Transcript of We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size...

Page 1: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different
Page 2: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

We are building a marketplace like

Amazon for campus recruitment

including internships and full-time roles

Page 3: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Lack of Intelligence High Cost

for Students to be industry

ready, for Institutes to train

Students & for Companies to

make the right hiring calls

of recruitment for the Companies,

especially when 1 in 4 graduates

leaves his job within two years of

joining

The problem is a campus recruitment system that is still running in the 1990s

Inefficiencies

in Campus Placements due to

reliance on age old techniques of

conducting placements taking a lot

of time

Copyright @ Reculta Solutions Pvt. Ltd.

Page 4: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

An Intelligent Placement management solution provides data insights and solves the problem of reach

CompaniesInstitutes

Students

Intelligent Placement Solution

Feedback Feedback

Feedbac

k

With increased institute reach &

an intelligent tool, companies

can pick up the right candidate

for a profile

Students have previous placements’ intelligence to

prioritize and prepare better

Feedback from the placement process helps institutes make

students employable & industry ready

Page 5: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Tangible benefits for each stakeholder

50% more time 20% Savings

For the placement team to more

companies on campus

-Place more students

-Better opportunities

For the companies on their campus

recruitment spends

-reduced time to time

-reduced cost per hire

Personalized Insights

To students so that they are

prepared for the opportunity basis

their profile and past recruitment

analysis

Page 6: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Companies

Institutes & Students

High

HighLow

Local Campus Portals

We stand out by providing value to all three stakeholders

Page 7: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Corporate RecruitmentCampus/College Placements

Market Size

Facilitate colleges for internships and

final placements

Test and validate different

functionalities of the product

Gain critical mass of students and

diverse set of colleges

Facilitate recruitment for

corporates in a single platform with

detailed student analytics and

lower costs

Continue to gain transactional

recruitment data to build larger

ecosystem

With transactional data from

stage 1 and stage 2, offer direct

B2C business analytics to:

Aspiring students

Alumni

Parents

MOOCs

$ Institutions

25%

$ Institutions

25%

$ Companies

75%

$1.8 Billion $5.4 Billion $25 Billion

Reculta has a 3 stage business model, each leveraging the previous one

1X 3X 5XB2C & International

Personalised insights to multiple

stakeholders

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Page 9: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

B2B SaaS products with yearly subscription model with B2C products during stage 3

Yearly subscription

charges

Delight customers with analytical insights to ensure

business continuity

Companies per Campus

Institutes per Student

B2C products with personalized insights for

multiple stakeholders

Page 10: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Total Number of Clients Revenue Forecast

*Conversion used: 1USD = 65INR

Strong revenue growth going forward

0.01 0.1

0.76

2.83

0

0.5

1

1.5

2

2.5

3

FY18 FY19 FY20 FY21

Revenue in million USD

831

115

351

0 11

79

300

0

50

100

150

200

250

300

350

400

FY18 FY19 FY20 FY21

Total Institutes

Page 11: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Reculta was born

Jan ‘17

Mar ‘17

May '18Aug '17

Oct '17

25 Clients – MBA, Design, LawCollegesPilots with 4 companies

June '18

Seed funding from CIIE, IIM Ahmedabad

Aug '18

3 recruiters and 30 institutions currently use Reculta’s SaaS Products

Top B-School in the country signs up with Reculta,National winner Ebay Start Up Cup 2017 - India

First Sale –FMS Delhi

Our Journey so far..

First Media Coverage in Business Standard & Economic Times

1st

IIM-A

Page 12: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Team Overview

Vidyarthi Baddireddy

CEOEx - Deloitte Strategy &

Operations Consultant

Placement Secretary, FMS

Delhi

Kajal Malik

CSOEx - Mahindra, General

Management Cadre - Sales

Placement Team,

FMS Delhi & NIT Kurukshetra

Dr. Utsav Bhattacharjee

Chief of PartnershipsEx - MT,

C K Birla Group

Placement Secretary,

IIM Ahmedabad

Tech

Founders

BD & Marketing

Himanshu Sharma (IIM-A, GNLU)Business Development Manager, Ex – Nestle India

Medha Chatterjee (NMIMS., Jadavpur Univ.)Business Development Associate

Investors

Vineet Verma (FMS Delhi)Product Manager, Ex - Ola, Shopclues

Atal KumarSoftware Developer & Analytics

Sourav Ghosal

Barclays Singapore

Ex-Oliver Wyman

Angel Investor

All founders working full-time & drawing salaries of INR 50k-60k per month

“15 years of cumulative experience in Campus Recruitment space.”

Incubation Support

Seed Round Investor

CIIE, IIM A

Hitesh Mehta

Amazon India

Ex - Paytm

NIT Kurukshetra

AzhagappanSivaraman

HPS GesundheitscloudgGmbH, Berlin

Ex - Babajobs, Cisco

BITS Pilani

Ajeet Khurana

CEO - Zebpay

Advisor Kalaari

Head, Blockchain &

Crypto-Currency -

IMAI

Saharsh JainSoftware Developer

Varun R (IMT Nagpur )Business Development Manager, Ex-Educomp

Janani Sathviga (TISS)Business Development Manager, Ex-Fullerton India

Anshul GargSoftware Developer

Advisors

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A diverse team with Doctors, Lawyers, Architects, English honours

Vidyarthi Baddireddy

CEOKajal Malik

CSODr. Utsav Bhattacharjee

Chief of Partnerships

Medha Chatterjee

Business Development Associate

Sunair Raj

Product Designer

Atal Kumar

Software Developer &

Analytics

Anshul Garg

Software Developer

Saharsh Jain

Software Developer

Himanshu Sharma

Business Development

Manager

Vineet Verma

Product Manager

Page 14: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Institutes and Recruiters who have partnered with us

Institutes

Recruiters

Singapore

Page 15: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Ask: $300,000

Copyright @ Reculta Solutions Pvt. Ltd.

Targets for next 15 months

No. of Subscriptions (Institutions): 115

No. of Subscriptions (Companies): 79

Build more robust product, including B2C offerings

Foundation for international operations

Use of Funds

Expand sales team

Expand product team

Build team for Customer Support

Establish POC in international markets

Other Details

Seed round of funding of USD 61,500 in June 2017 from CIIE (IIM Ahmedabad)

USD 15,300 from Singapore based Angel Investor

Current round: Pre-series A/bridge round of early stage funding

Current round of funding to last next 12-15 months

*Conversion used: 1USD = 65INR

Page 16: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Appendix(more about us)

Pipeline

Press & Associations

Accolades

Testimonials

Benefits for the

stakeholders

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Institutes

Recruiters

Pipeline

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Ideas that Scale Accelerator Program

AWS EdTechAccelerator Program

Press

Associations

Copyright @ Reculta Solutions Pvt. Ltd.

Press & Associations

Page 19: We are building a marketplace like · Campus/College Placements Corporate Recruitment Market Size Facilitate colleges for internships and final placements Test and validate different

Dr. Srinivas Akella- Deputy Director, Narsee Monjee Institute of Management Studies

Reculta’s service levels and work ethic will surely take them places. I wish the very best to Vidyarthi and his team

members”

Reculta's customized dashboards offering valuable insights will help us forge deeper relationships with our Recruiting Partners and find the right balance in the diversity of offers”

Reculta’s technology driven analytics platform and stellar customer support has

helped us greatly to deepen student engagement and re-affirm RPG as one of the

most favored recruiters on campus.

Sandeep Murisetty- Recruitment Secretary, IIM Ahmedabad

Vinayak Talwar- University Hiring Lead, RPG Enterprises

Copyright @ Reculta Solutions Pvt. Ltd.

Testimonials

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Exposure to Wharton India Network

2019 Edition

$10,000 grant2017 Edition

Seed Funding2018 Edition

Winner Top 10 Top 10

Accolades

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Tangible benefits for each Stakeholder

Maintain Evaluation Trail

Auto-Scoring of CVs and Smart

Shortlisting

Analytics driven

Benchmarking

Digital Presence at Institutes

Benefits of using Reculta

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Benefits of using RecultaTangible benefits for each Stakeholder

Platform I Easier Application Process

I CV Making & Verification

I Portfolio Management

I Company Communication

1 I Corporate Database Management