Top 4 Startups that are creating a Boom in the HR Tech space
Top 4 Startups that are creating a Boom in the HR Tech space
The HR Tech industry is experiencing a $24.04 billion gold rush as the business world undergoes a seismic shift. The pandemic caused a paradigm shift in how organizations perceive HR functions, particularly with the introduction of HR Tech. As organizations around the world shifted to remote work, they recognised the importance of the HR function in becoming more resilient and agile.
HR Technology has become the panacea for nearly every workplace ailment, ushering in the future of work. Organizations around the world are arming themselves with cutting-edge HR Tech tools and solutions, from facilitating remote work as the pandemic erupted to assisting organizations in winning the war for talent to upskilling and reskilling the workforce at the pinnacle of digital transformation. As uncertainties mount, 90 percent of HR leaders intend to increase their HR Technology budget.
In sync with these technological changes taking place, the below listed players are dynamically working towards achieving efficient HR workflows:
Bridgentech
Bridgentech is a boutique Contract to Hire Staffing and Solutions provider. Bridgentech has been offering solutions to the IT industry, backed by capable and skilled candidates who can deliver since 2018. However, they realized that even though there are strong demand and supply forces in the industry, the “right-fit” or “trust-based-hiring” is still evolving & there’s a lot it takes to make that bond happen. So they started looking beyond Job Descriptions and Resumes.
They serve businesses with talented IT professionals through focused and differentiated recruitment processes, Skill-enhancing in-house training, inter-cultural gap bridging, incubation, and international migration support, blended into one-offering tailored to the client.
Bridgentech sources top-of-the-line IT operations engineers in the space of cloud, DevOps, and ContainerOps so that one can deliver the application across any platform with unprecedented agility, precision, and care. They find resources who can help with data consolidation, warehousing, intelligence, etc and assimilating it with scalable modern architectures and applications, thus maximizing its value.
Belong
Belong is the first predictive outbound hiring solution in the world. The brand's data-driven hiring solution assists growing businesses in identifying and engaging with candidates who best fit their requirements and are most likely to move. Vijay Sharma, a BITS Pilani alumnus, founded the brand in 2014, offering reduced hiring time, automated and personalized outreach, efficient applicant tracking, effective talent engagement, and integrating talent DNA to acquire and retain the best matches. The brand's Ml algorithms have enabled businesses to find and target high-fit talent, engage candidates with personalized engagements, and accelerate recruiting cycles at scale.
NWORX
NWORX is a B2B SaaS platform used by professional development service providers or directly by enterprises across India, Europe, and Africa to improve the performance of leaders and professionals. NWORX offers engaging and effective leadership and professional development that is completely embedded in the flow of everyday work of a professional. The company aims to be the category leader in leadership and professional development addressing business challenges across growth, transformation and future-readiness of the workforce.
The services automated by the NWORX platform democratize professional development, managing human ROI in business terms.
Mettl
Ketan Kapoor and Tonmoy Shingal founded Mettl, a Gurugram-based HR technology startup, in 2009 with the goal of leveraging technology for hiring practices in Indian and global enterprises. This technology company provides recruitment assessments, programming tests, psychometric tests, aptitude tests, a pre-built test library of over 200 tests, an interview app, vocational skills assessment, remote proctoring, performance analytics, and a certification platform. The company has a presence in 100 countries and serves over 1,800 clients worldwide.
