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Wednesday, February 28, 2024

Here’s what Coffeee.io does to make tech recruitment efficient and bias-free

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Gurugram-based Coffeee.io is a tech recruiting firm that gives recruiters access to a pool of pre-screened engineers and facilitates online interviews. It also attempts to assist developers in obtaining suitable employment.

Coffeee.io, situated in Gurugram, aspires to make an impact in this area. It is a digital business that offers recruiters a pool of pre-screened developers to choose from and facilitates online interviews.

The goal is to assist recruiters in making rapid and bias-free judgements in a cost-effective and efficient way by centralising all recruitment-related processes.

The firm also intends to establish a community where job searchers and developers can connect, learn and grow, and find the ideal employment. Amit, Neha Sharma, and Ankit Mittal founded the company in July of last year.

Coffeee.io is an AI-powered platform that links new and experienced developers with relevant job opportunities.

Coffeee.io also provides free online bootcamps for recent college grads to assist them do well in assessments and interviews.

The platform contains around 72,000 developers from all across the country, as well as engineering schools such as IIT, NIT, and BITS. The portal is affiliated with over 700 colleges and 45,000 students from throughout India. On Coffeee.io, over 70 worldwide and local organisations, including established brands and startups, employ.

Because the platform combines all recruitment-related operations (screening, assessment, and interviewing) in one location, the entire recruiting process becomes more efficient. Recruiters save time since they no longer have to go through hundreds of unvetted resumes and then wait for evaluations, according to the creator.

Companies also save money on extra fees like as resume sourcing, evaluation application monitoring, and an interview platform, according to him, who adds that Coffeee.io charges 30-40% less than the market rate.

The global human resource (HR) technology market is expected to increase at a 7.5% CAGR from $23.98 billion in 2022 to $39.90 billion by 2029. According to IMARC Group, the HR tech market in India is worth $850 million and is predicted to grow at a CAGR of 9.9% to $1,510 million by 2027.

Coffeee.io secured Rs 6 crore in a pre-seed fundraising round headed by Riverwalk in August of last year. In the first quarter of 2023, the business intends to secure further money and deploy its platform in the United States. It also intends to expand to other campuses in India over the following year.

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