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Recruitment Agency Seeking Loan in Hyderabad, India

Seeking Business Loan: Company offering recruitment services to early-stage technological startups.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 9 thousand
Run Rate Sales USD 37 thousand
EBITDA Margin 30 %
Industries Recruitment Agencies
Locations  Hyderabad
Local Time 5:07 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 15.0% annual interest, 3 years (Native Currency: INR 5,000,000)
Reason: The proceeds from the business loan will be used for expanding the business by: - Hiring more emplo... View More
Collateral Available: USD 0
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
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Business Overview

- Our company specialises in offering recruitment services for a broad spectrum of requirements of our clients.

- We primarily assist in recruiting senior and mid-level executives in early stage technological startups, IT and engineering companies.

- We have affiliations with over 10 venture capital firms across India. They introduce us with their portfolio of companies who require recruitment services.

- Post discussions with promoters of those companies, we create a job description on the basis of our their requirements.

- The job postings are then circulated on LinkedIn and other online job portals.

- After receiving a bunch of applications, we evaluate each candidate through a technical round that is conducted by our company. Shortlisted candidates are then forwarded to our clients who further evaluate them using a personal interview.

- Our clients pay us a referral fee for every candidate that is successfully recruited and has been referred by us. This is the only source of revenue for our company.

- Currently, we are providing recruitment services to over 8 clients and have served over 60 such clients since inception.

- On an average, we successfully get 3 to 4 candidates recruited every month with an average annual salary of INR 15 lakh.

Products & Services Overview

Our services include:

- Direct hiring.

- IT and engineering sector recruitment.

- Startup hiring.

- Senior and mid-level executive search and recruitment.

- Project hiring.

Assets Overview

Physical assets include company-owned laptops and computers given to employees.

Facilities Overview

- The business had to give up their rented physical office space due to the lockdowns caused by the pandemic.

- Currently, the management and employees are running operations remotely.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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