Make money by doing good! 
Very happy to announce our investment in Techtribe. Techtribe pioneers a professional community website, and aims to monetize the same through a referral based recruiting model. Whats more, it has an incentive model, where referrers can make Rs 10,000 for each successful referral they make.
Indian e-recruiting market has not seen a major innovation for past 7 years, and we think that this model has the potential to capture a piece of the $400m mid-senior level recruiting market. Its also one of the models around social networking that we have been able to better understand, given our prior experience with jobdirect, jobsahead and clickjobs.
Go out, do your friend a favor, and get paid 10000 bucks for it!
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hi alok,
Iam working with the investment banking div of Axis Bank , formerly uti bank. I saw a post on bar camp and found it quite interesting, can u guide me how i be a party to its activities. UTI is one of the biggest players in the domestic debt market. Last year we arranged about Rs.450billion debt mostly in infrastructure sector. I want to understand the investment opportunities in the technology space.I feel forums such as bar camp & momo delhi will be a good starting ground.
best of luck and its good to see an innovative job product in India…I hope to sign-up and start using techtribe immediately as I’m facing tons of issues reaching out to right middle and senior managers
Great comments and discussion guys.
Employee Referrals are on the rise, and we believe the techTribe model extends it beyond one’s own company. I agree with Alok on the inclusion of the recruiting agencies, who in my opinion will leverage a platform like ours – similar to how medium size retailers leverage eBay for reach beyond their local markets.
The key to referral recruiting in my opinion in quality, and a community based model gives us a chance to implement quality algorithms and standards. Let’s see what the future holds, but the traction so far is promising.
Let me further add a thought to pick your brains. Every business has a “Supply Chain” to support it’s initiatives. I had this opportunity to have a session at “NobleGrain” in singapore where they explained the great pains and effort they take to educate the agriculturist in deep jungles of Amazon, help him all the way till the crop is cultivated to reap the benefit.
Do we have a comprehensive initiative to build a human resource supply chain ? To my surprise there is none i know of and understandably so, because of the great effort required and the huge risks involved. Is it impossible ? I don’t think so.
Look at the people function of “training”, “evaluation” and “recruitment” together.A site like techtribe has a potential to do just that with innovative ideas. Today, everybody want’s a pie of the recruitment space without adding any value to the individual they are poaching. I say “add value to the individual, so that he become loyal to you like a commodity” and you can harvest him at a time he wants to be harvested.