kareermatrix business pitch

Compressing “Sourcing to hire” cycle

copyright Kareermatrix Pvt Ltd

About KareerMatrix

a. KareerMatrix is an Open, End to End Digital hiring platform and it connects candidate to new opportunities in any location and accelerates the “sourcing to hire” cycle for businesses.

b. KareerMatrix is generating revenue and will be a Rs 322 CR ($50M revenue) company in 5 years.


Some Research• 80% of resumes contain misleading statements.• 92% of entry level graduates lie in their resume.• 250 applications received per job posting.• 6 seconds recruiters spend on scanning one resume.• 5 minutes’ recruiter claims to spend on scanning one resume.• 45 Seconds ideal time to scan one resume.• 75% of applications are not qualified at all received on job posting.• 40% of the organizations believe that job boards will be replaced in next 3-5 years.• 10-12 people interviewed for hiring one candidate.• 25% is the turned out rate in interview, inviting 4 means only 1 candidate appears.• 30 minutes’ time spend in scheduling one telephonic or face 2 face interview.• Video is the preferred tool by HR for collaboration rather than email.• 56% businesses think video as most preferred business communication method.• 32% Companies investing in video interview solutions.• Voice communication preference is 32% in compare to 56% of Video.• 47% of people having prior experience with video interview prefer video interview.• 67% people prefer video interview who received first time video interview request.• 65% of candidates preferred using video interview during interview process.• 74% of recruiter and 60% of hiring managers thought video interview have made their life easy.• 80% is the joining rate after selection and providing offer letter.• 10% is the final selection rate after interviewing invited candidates.

The Problem

a. For businessesa. Scanning millions of resumes.b. Decision based on guts rather than data.c. Talent availability in different locations.d. Best Fit OR Right Fit.e. No talent predictive information available.

b. For candidatesa. No easy access to opportunities in different locationsb. Lost in millions of Resumes.c. No platform for differentiating from crowd quantitatively.



14 Hours 54 Minutes Per Hire Time• Post the job on job boards.• Capture the applications and screen them one by one.• Short-list the candidates for next round of interview.• Schedule 30 candidates for face to face interview after calling them one by one.• 10-12 Candidates appears in interview. Suppose there is only one round of

interview.• Finally, 1 offer released.

See more details in case study.


Technological Innovation• Artificial Intelligence

• To generate predictive analytics using machine learning.• Identify test taker confidence in video interrogation.• Identify emotional quotient during video interrogation using machine learning.

• Employability Factors like Personality Factors.• Role based personality tests.• Global employability test like SAT in US to take admission, similarly in corporates to enter.

• Virtualization• Remote coding collaborative interviews without anything installed, just on browser.• Dedicated interview platform.

• Talent Predictability Analytics• Hiring decision should be based on data rather than guts, so we are doing that.


What & HowSourcing

Providing/Building database of Fresher, Experienced, All Engineering streams, MBAs, Diplomas and other simple science, commerce, and art graduates which is being built via.• Online proctored employability

assessment.• Aptitude Test• Domain/Skill Test• Role based personality test

• Online open coding competitions.

ScreeningProviding different screening tools to businesses to assess candidates.• Online video and collaborative coding interview.• CODE2HIRE : Tool to assess candidates via coding

exercises rather on objective tests.• Assessment : Conduct online test using

Kareermatrix platform and question bank for all engineering streams, management streams, Diplomas and all simple graduates.

• OPEN-CODE : An open platform where businesses can create and publish OPEN code event, where anybody can appear and get opportunity based on score.

• Personality Test : Roles based personality test which is different for sales and engineering, also different for entry, middle and top executives.


4 hours 15 Minutes Per Hire Time• Short-list the candidates from Kareermatrix platform quantitatively. Say above 95% in Java

technology only. Including Active and Passive job seekers.• Send them invite for next round of assessment in form of MCQ or Coding exercise with or without

controlled environment. Preparation of exam is just a matter of few clicks. You may skip this step as candidates are already rated by Kareermatrix.

• Short-list the candidates from submitted responses of exam based on desired parameters by just one click. Say 10 candidates short-listed.

• Schedule the interview of 3-5 candidates by calling 7-10 candidates as per their convenience. It will take less than or equal to 15 mins per interview schedule.

• Conduct video interview with 3 candidates with average interview time duration of 60 minutes, reason being more qualified candidates are in compare to traditional approach.

• Finally, 1 offer released.

See more details in case study


10 Hours 39 Minutes, Value Addition

• Passive job seekers are being targeted.• Data driven hiring takes place instead gut.• Reach geographically dispersed candidates.• Reduced travel cost.• High rate of interview conversion.• Shortens the time to hire.• Save $5000 business loss in worst case.


Business Verticals• Enterprises & Integrations

• ATS• Success Factor• HRMS/HRIS• Others

• Institutions/Universities• KAT – Kareermatrix Adaptive Test• Practice/Codeathon Employability Test• Open Coding Events.

• Corporates/Recruiters• Pre-Hire Assessments• Open Coding Events• Pre-Assessed Short-listing• Video Interview• BOT Interview

• Consumers Business• KAT – Kareermatrix Adaptive Test (Online Controlled Environment)• Open Code Event

• Government (NSDC)• Assessments

Global Recruitment Market


Target Market Sizea. Globally 47% of total recruitment market we are targeting.


Technology Stack



Current Status Of Product and GTM.• KAT – Kareermatrix Adaptive Test – An Employability Assessment For Institutions

• Sold to 50+ institutions on paid basis and another 200+ on trial free.• Generated revenue of 26 lacs. Team already placed in respective regions Delhi NCR, Punjab, MP, Rajasthan,

West Bengal and Orissa.• Online Coding Video Interview

• Started selling to customers. Generated 1 lacs revenue so far in last 15 days. • Getting good response and to invest more in Digital Marketing.

• Open Code (Online open coding events for all)• Shipped beta version.• To generate traffic to site using digital marketing. Pure SaaS based model is the differentiator which reduces

its price exponentially. Easy for customers to buy in retail model.• Company based (FREE to company) online events with Prizing.

• Code To Hire (Coding exercises for fresher and lateral hiring, with or without recording)• Shipped Beta version. Need to invest more money in Digital Marketing.• Paid 10+ customers are ready to use, currently using trials. Retail sale will be more effective.• Good amount of space available. Becoming need of an hour in hiring tech profiles.


Current Status Of Product and GTM Cont..

• B2B Hiring Assessment• Generating revenue. New features of two way proctoring added recently.• 10+ Paid customers already. Getting good amount of leads to sell digitally.

• Personality Assessment (Profile/Role Based)• Shipped beta version 15 Jan.• 15+ Customers are ready to buy immediately.• Lots of ready to use customers and can be reached Digitally easily. Buzzword now a days. Role based personality

assessment is a key differentiator.• KAT – Kareermatrix Adaptive Test, An Open Employability Assessment for entry level graduates on PAID basis under

controlled environment using technology.• Under Development• Customer to be reached digitally by infusing a little big investment. Student data purchase, communicate them the

opportunities behind the test.• BOT Interview

• Under Development• Using AI and deep learning to generate predictive analytics.


THANK YOU

kareermatrix business pitch

Recruiting & HR