GrownOut is a Delhi-based SaaS company that shortens and improves the recruitment cycle for organisations. Based on referral hiring, GrownOut flips the concept on its head and takes an approach where a company doesn’t need to involve the employees and rely on them to spread the word. GrownOut’s algorithms scan through all the publicly available networks of the employee and builds up a pool of potential employees. It then scans through this pool’s interests and past history and matches the best ones to the recruiter’s requirement. The recruiter can now directly ask an employee (whose connection the potential candidate is) to personally send across a referral. This increases the chances of finding the right candidate multifold.
Initially funded by Outbox Ventures, GrownOut raised a seed round from Matrix Partners and has been in beta for over a year. Founded by Sumit Gupta and Harsimran Walia, GrownOut has been commercially available to enterprises since August 2015 and has also launched a data insights lab. Amongst its first initiatives, GrownOut has tracked how talent is moving across India. For instance, where the talent in Bengaluru is coming from. Ahmedabad and Hyderabad top the charts with 25 per cent each. Business development and project management seem to be top two profiles which are reasons for relocation. If one looks at Mumbai, a lot of technology talent is moving into the city probably pointing towards a dearth of home-grown engineers. All data collected and represented by GrownOut is from the public information available from sources like LinkedIn, Facebook, Github etc.
Then there is the candidate activeness graph which compares both the total professionals and the active candidates in each city with a specific skill or with a particular experience. Here’s how the chart looks for working professionals in ‘business development’ with ‘three to fives years’ of experience:
On top of this, there is also an activeness distribution graph. The interactive page about talent movement is open for public.
Data Labs were brought in vogue in India by Housing.com. Since then, almost every other venture-funded company has built its own data lab to showcase the work they’ve been doing. When it comes to hiring, the market is crowded with a lot of players. In a previous interview, GrownOut founders had mentioned its overlap in model with startups like Entelo, WhistleTalk, YesGraph, RolePoint and MyParichay which are spread across the globe. If one takes a larger picture, HackerRank has gone global with a funding infusion of $7.5 million from Japan’s Recruit Holding, AngelPrime-backed HackerEath has been moving quickly in India and then there are many other firms like Aasaanjobs, Babajob across the spectrum that are making recruiting and finding jobs easier.
Website: GrownOut's Data Insight Lab