Originally Dare2Compete, Unstop is a startup matching exceptional people with appropriate companies. It also gives pupils the tools and exposure they require to be successful. With more than 200 companies using Unstop, the startup boasts a community of over 6.5 million students, young graduates, and early professionals spanning more than for their early talent acquisition needs, major brands including Amazon, Flipkart, HUL, Reliance, Tata, Mahindra, Uber, Accenture, Infosys, EY, PwC, and many more have selected Unstop. On the Unstop platform, these businesses interact with early professionals and students using their knowledge to create their dream teams.
Unstop offers organizers a special web venue to catalogue several possibilities, including competitions, tests, hackathons/code contests, internships, seminars, scholarships, and so on. To help students become ready for their ideal employment, the site also provides over eighty courses carefully chosen by internationally recognized industry leaders. Participating in more than 1500+ live events, they can highlight their abilities and get employment offers as well as prizes.
Company Name: Unstop
Founder: Ankit Aggarwal
Product: Career Building
Highlights
1. Professionals’ and students’ talent engagement and recruitment platform.
2. Through contests, hackathons, and internships, links users with top companies.
3. Active participants in skill-based opportunities are 6.5M+ people.
4. Over 200 business partners, including Tata, Flipkart, and Amazon.
5. There are over 1,500,000 live prospects for professional development.
6. Helps businesses choose top performers according on competency.
7. Helps consumers create solid resumes for improved employment opportunities.
8. Through creative hiring challenges, closes the talent- recruiter gap.
Pitch Details
Ask: ₹1 crore for 1% equity, valuing the company at ₹100 crores.
Deal: After negotiation Aman Gupta, Namita Thapar, Anupam Mittal and Amit Jain finished the deal at ₹2 crores for 4% equity.
Investors: The investment came from Aman Gupta, Namita Thapar, Anupam Mittal and Amit Jain.
Conclusion:
By effectively positioning itself as a leading talent engagement and recruitment tool, Unstop has closed the gap between top companies and qualified experts. It provides great value to job searchers and recruiters alike via its large user base, close business relationships, and creative approach to hiring via contests and challenges. Unstop distinguishes itself in the cutthroat ed-tech and HR-tech market by concentrating on skill-based hiring and career development possibilities. Its Shark Tank India pitch not only confirmed its promise but also created conditions for more recruitment ecosystem innovation and expansion.
