Everyone's betting big on India's start-up culture. And we do have young entrepreneurs mushrooming across
the country. Some become names to reckon (read Snapdeal and Flipkart, Housing.com) with while others
fade away with time. While ideation, execution and sustainability are the basic mantras for a start-up, it is the
nitty-gritty involved in these stages of a new company, which makes a start-up a roaring success.
"In the complex world of entrepreneurship, it is difficult to avoid operational and strategic missteps. But the
real reason a large number of entrepreneurs feel dispirited is the feeling that their enterprise has gone the
wrong way. Whether it is the product/market fitment, scalability, or other managerial issues, one should not
give up before all the key elements have been tried and tested," said Utkarsh Joshi, Principal at the HR Fund.
BI India lists down t...
The Indian startup scene is an exciting phase with entrepreneurship at its zenith. In addition to several government initiatives to promote entrepreneurship, venture capitalists sank $4 Bn into India in 2014 in some 300 deals—almost twice as much money as they invested in 2013 and 14 times the level of a decade ago, according to Indian data tracker, Venture Intelligence. Many a times, entrepreneurs rush to seek funding without having a strong grip on their own business or on investor's needs or criteria.
Given such a scenario wherein India Inc. is looking forward to organized staffing and workforce solutions to reach its various business goals, the HR solution companies have witnessed considerable evolution with niche, customized, and innovative products and systems with increased focus on technological interventions for staffing, recruitment, and other HR shared services...
Chennai-based start-up PiQube helps companies hire faster and better by matching job needs to the right candidates.
A few months ago, a Singapore-based bank was looking for candidates with knowledge of FORTRAN, a programming language that’s not in vogue anymore. Its search was desperate, as all its systems still run on FORTRAN. Yet, none of its attempts bore fruit.
When it did finally bear fruit, it was thanks to a proprietary algorithm (say, a formula) built by a Chennai-based start-up called PiQube. Started by 32-year-old Jayadev Mahalingam, PiQube wants to help companies hire faster and better, by matching job needs to the right candidates.
The start-up, groundwork for which began in 2014, was in the news a few days ago when a human resource focussed private investment company called the HR Fund invested $500,000 (about Rs 3.2 crore) into it. It was the second public re...