What started as a small Google Group with a few job listings has evolved into a start-up that challenges top job portals such as Naukri and Monster.com. Wisdomjobs.com, started by former Infotech Enterprises (now Cyient) employee Ajay Kolla, now has a resume database of 2.8 crore.

The total size of resumes on online portals is put at six crore, with 15-20 lakh new aspirants coming on board. Founder-Chief Executive Officer Ajay Kolla argues that he is not a me-too player in the market. “Unlike our competition, we vet each of the resumes and put the job seekers to our proprietary IT tool — Pragnya Meter. This makes life easier for recruiting companies.”

Developed in-house, the tool can assess job seekers for over 6,000 skills in IT, pharma, engineering and other fields. “We assess them and give them a rating. For example, if a company wants to hire people with Java, SAP or Hadoop competencies or a combination, they will have to search the database of job portals with thousands of resumes,” he told BusinessLine .

The rating assigned by Wisdomjobs to job seekers, however, is not final. “We have set up an e-university with a huge repository of information on various skills. They can go back to the university, learn and take the test again to improve their ratings,” Ajay said.

The Hyderabad-based start-up with 300 employees has bases in the US, Canada, South Africa, Singapore and Malaysia. The firm, which registered a turnover of ₹22 crore last year, is targeting ₹40 crore this fiscal. It is also planning to expand its presence to major cities in the country and abroad.

The company is in talks with private equity players to raise ₹40 crore this financial year. “We are going to dilute 25 per cent to fund our expansion plans that include tapping job seekers in the unorganised sector. E-commerce companies have brought in efficiencies in the supply chain but they depend on the largely unorganised delivery mechanism at the bottom end of the spectrum.”

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