A Beta Launched/Pilot phase Marketplace, Mobile and Peer to Peer Startup in Human Resources ( On-demand Work Fulfilment ) from India is looking to raise funds

Posted By - Startup Posted date - 16/11/2020

BUSINESS BRIEF

A complete end-to-end omni-channel work fulfilment and worker management platform.The platform helps companies to onboard a large distributed/virtual workforce which performs simple task based jobs on a pay-per-performance system.The platform currently focusses on 4 key business functions - Sales, Research, Operations and Diligence. Blue/Grey Collar Work like Vendor Acquisition, Lead Generation, Field Sales Executives,Tele-calling, Retail Workforce, Auditing, Proctoring, Customer Onboarding, etc can be fulfilled using the platform today.Our solution helps companies to save upto 50% costs compared to in-house work fulfilment or traditional outsourcing agencies.

Our solution allows companies to hire workers on-demand for free, interview them virtually through multiple gamification methods, train them virtually, manage them at a single place and pay them for the approved work at a single click without worrying about compliances.

Workers can find part time/full time jobs, appear for interviews virtually, get trained virtually, perform work on-ground and receive their earnings in the in-app wallet - everything using their smartphone.

In terms of validation, we worked with 9 companies before building the product and did $38000 in revenue and distributed $20000 as payout to workers, our gross margins are anywhere between 30% - 50% and since product launch (Oct'20) have ran 2 small pilots with 2 startups generating $800 in revenue and currently have 3 large enterprises in pipeline.We've also closed a deal with an Indian unicorn for providing part-time sales associates at their retail stores pan India for the next 12 months starting Dec'20, this account alone is expected to bring $100K-$200K in revenue.

Proposal
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Capital Requirement

INR 3.5 Cr

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Funding Status

I do not have any investment commitment

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Horizontal Industry

Marketplace, Mobile, Peer to Peer

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Industry & Sub-Industry

Human Resources (1)

On-demand Work Fulfilment

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Technology/Product/Service Offering

all -in-one professional product for India's blue/grey collar (jobs, upskilling & networking)

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StartUp Stage

Beta Launched/Pilot phase

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Business Segment Type

B2B2C

End use of fund (in %)

Business Documents