Employment Services Businesses Seeking Loan

- Healthcare recruitment consultancy company based in Kochi, Kerala. - Specialized in hiring doctors, staff nurses, and allied healthcare professionals for the healthcare industry. - Offers HR consultancy services and serves as a recruitment agency, providing background checks and arranging candidate interviews for its clients. - The business has a strong presence in the GCC countries, serving 26 clients in the hospitals, healthcare companies, and medical services sectors. - The company has attracted significant international interest, with numerous overseas clients approaching them for recruitment services. - The primary revenue model revolves around service charges from candidates for consultancy services, arranging interviews, and professional licensing. - Average service charge of INR 1 to 1.5 lakh per candidate. - Additionally, charges a fee from the client per candidate selected. - The business handles a substantial volume of recruitment, with an estimated 50 candidates being processed on a monthly basis.

- Currently catering to 7 clients. 5 clients are from Chennai and 2 clients are from Mumbai. - We charge a commission of 8.33% of CTC per employee. - We help in recruitment at all levels. - The promoter has 10+ years of experience in this industry. - We have 5 employees (3 HR, 1 admin, 1 accountant)

- Started 15 years ago, our company is a veteran in innovative HR solutions, connecting human capital to the benefit of the business. - We serve both large and small organizations across all industry sectors viz: retail, telecom, broadband, logistics, manufacturing, healthcare, and hospitality. - The promoter has over 15 years of experience in this industry.

- Permanent placement and hiring business that specializes in the BFSI sector. - We have 6 to 7 clients, however, we need to increase our manpower and upgrade our tech infra to scale the business. - We only charge our clients and have annual agreements with them. - Clients are charged anywhere between 8.33% to 12% of annual CTC. Our fee fluctuates as per the CTC. - Clients pay us within 30-60 days of the candidate joining the company. - No outstanding bank loans in the name of the business. - The business has two equal partners.

- Our business provides unique outsourcing of human resources of highly trained individuals who are highly productive in work ethics. - We provide management staff, reception professionals, drivers, telesales staff, and administration staff. - Business has received 13+ corporate clients for the outsourcing of the best staff. - We have 100+ registered individuals all trained and skilled. - The company has reduced costs and higher efficiency for businesses by providing hassle-free staffing. - Currently, the business is serving 10 clients. - The business is at approved profit margins and has a good revenue with ongoing projects with the clients. - The business has seen a growth in revenue due to getting more projects.

- Our main operation is providing recruitment and staffing services to reputed companies. - We have tie-ups with more than 5-10 companies. - Since our inception, we have placed more than 50 people. - The recruitment process is offline and we arrange face-to-face interviews for the companies. - Currently, we are also working on our own short video-making application which is to be launched on the play store. - We charge a one-time commission from the companies. We do not charge any fee for the candidates. - The company has not taken any business loan previously.

- 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.

The business has a vast spectrum of services to offer across different domains creating multiple streams of revenue. The primary source of revenue for the business is through its HR consulting services such as recruitment and organisation restructuring. The HR services contribute towards roughly 60-65 percent of the total revenue. The other important revenue stream stems out of the strategy and process consulting services offered by the business like idea validation and internal audits. The process consulting services contribute to over 30 percent of the total revenue. The business has diversified and hired experts to provide digital marketing and branding services. These services contribute to a little over 5 percent of the total revenue but have massive growth potential. The business caters to over 6 clients in each of the domain of services but the numbers have reduced due to the pandemic. Currently the business has 2 clients each in the HR services and process consulting services domains. The average length of each project undertaken by the business is anywhere from 6 months to 2 years. The payment collection criteria adopted by the business varies from one kind of service to another. A single and complete payment structure for HR recruitment services and a monthly payment structure for other HR services throughout the life of the project. A monthly or a project base payment structure for strategy and process consulting services along with a monthly payment structure for digital marketing services is adopted by the business. Apart from cold calling and online advertising, the business has various other sources to gather work. The business is a member of the Hyderabad Management Association (HMA). The fellow members of HMA provide work opportunities to the business in the domain of HR services via referrals. The member of HMA who provides work opportunities to the business takes up to 20% of the net proceeds as a commission. The business is also a member of Business Networking International (BNI) group. The fellow members of the BNI group provide work opportunities to the business in the domain of strategy and process consulting via referrals but charge no commission for the same. The business also holds a membership to the esteemed Federation of Telangana Chamber of Commerce and Industry (FTCCI). The FTCCI is an important asset for the business as its other participating members provide work opportunities to the business in all three domains (HR, process consulting and digital marketing) in exchange for up-to 20% commission from the net proceeds. The business holds a contract with a firm in Bangalore to provide HR services. The contract has no expiration. The business outsources ERP projects through a collaboration with an ERP vendor in Chennai. For every ERP project undertaken by the business, 70 percent of the proceeds go to the vendor in Chennai and rest of the 30 percent is incurred by the business. This collaboration also has no expiration. The business halted its operations about 15 months back. The investment is required to restart the operations.

- We specialize in HR outsourcing, HR consulting, RPO and recruitment services. - Our clientele includes leading and top MNCs in India. - Directors have more than 15 years of relevant experience. - Registered office is in Bangalore, but head office and operations are based out of Chennai.

- We are a company that is planning be an employment firm where we would hire candidates under our company. - Accepted candidates would be hired by us as assistants and placed in various districts across India to help in research projects from different entities. - Would be hiring applicants through an examination for which we would charge INR 500. - We expect to get around 20 lakh applicants during each exam schedule, out of which we will choose 750 applicants. - These 750 applicants will be trained and placed in different districts to assist with research projects we take on. - As of now we have only registered the company and are looking to develop the business further. - Promoter has a B. Tech in agricultural engineering and has worked with numerous public and private organisations.