SlideShare a Scribd company logo
A ThoughtStream product
Hiring Manager

Source resumes
from job portals,
consultants and
employee referrals

Hiring Team

Create Role
requirement

Recruitment
Team

Recruitment Process

Screen resumes
to shortlist

Schedule
candidates for
face to face
interviews

Screen the list again and
shortlist candidates to be
called for Face to Face
interviews

Conduct multiple
interviews and
make a selection
Challenges
Hiring Team

-

-

Time spent in meeting 8-10
candidates for identifying a
suitable one
High rejection ratio during
face to face due to
communication, personality,
knowledge etc.

HR Team

-

-

In most of the interviews,
the hiring manager realizes
in the first 5 -10 minutes that
the candidate is not suitable
but ends up spending
30-45 min

-

Loss of productivity

-

Half day / full day leave from
work

-

Travel time to the
interviewing company’s
office

-

-

Time spent in scheduling and
coordination between the
Hiring Manager and the
candidate

Candidate

Waiting time

-

Outstation travel

Pressure of meeting
numbers on time
Budget constraints for hiring
Hiring Manager

Source resumes
from job portals,
consultants and
employee referrals

Hiring Team

Create Role
requirement

Recruitment
Team

Recruitment Process with VuFirst

Screen resumes
to shortlist

Schedule selected
candidates for face
to face interviews

Screen the list again and
finalizes a shortlist of
candidates to be called for
Face to Face interviews

Conduct multiple
interviews and
make a selection
How does it work?
VuFirst is a cloud
based screening
solution that
makes your
search for the
right candidates,
quick and easy.
Corporate Video
Benefits
Top reasons to use VuFirst
Time saving for Hiring
Manager in meeting
less candidates

Productivity
improvement

Reduction in
coordination efforts by
the Recruitment team

Improved Pipeline
efficiency

Reduction in hiring
life cycle

Elimination of travel
needed by the
candidate

Overall reduction in cost!
Aberdeen Group – Video Interviewing
32% of organizations participating in Aberdeen’s talent acquisition research are investing in
video interviewing, compared to 21% of organizations in 2012.
With a strategic, business-driven approach to video, 81% of organizations were able to achieve
organizational key performance indicators (KPIs). Additionally, organizations were two or three
times more likely to improve recruiting (time to fill, cost per hire, hiring manager satisfaction)
and business metrics (customer retention and customer satisfaction) after implementing video.
Pricing

Rs. 100/$3* per candidate video upload

* local taxes extra, * for a 5 min video
Market Opportunity
We have a global market:
 Corporates
 Recruitment companies
 Universities – used in admission
processes
Milestones
March 2013

Company Started

June 2013

Hired Developers

October 2013

VuFirst launched

November 2013

Android app launched

December 2013

Assessment Test Launched
About Us
VuFirst addresses the pain point of effectively shortlisting candidates, resulting in huge
savings on time and dollars spent on the hiring process. It is a cross platform solution that
works across devices, helping hiring managers effectively screen candidates.
VuFirst makes the screening process smart and efficient by enabling hiring managers to send
a link to the candidates to video record an extempore response to interview questions,
which they can view, assess and share with colleagues anytime, anywhere.

Innovation and value to customer are the basic tenets on which ThoughtStream is founded.
ThoughtStream is in the space of bringing innovative cloud based software solutions for
corporates to simplify their business processes. The flagship product is VuFirst, a smart hiring
solution.
For more information and partnership please write to sales@vufirst.com
For technical support please write to support@vufirst.com
The Team
Sunil Goel - Founder & Director, is a proven business leader with 20 years of experience
managing various functions across industry leading organizations. Prior to founding
ThoughtStream, Sunil was Head of Operations at Tutorvista Global, a pioneer in online tutoring
and e-tailing of educational products.
Previously, Sunil has worked in leadership positions at organizations like Tesco India, Collabera,
Planetasia & Ramco Systems.

Ravi Ananthakrishnan - Co-Founder & Director, has 21 years of experience in IT. Most recently
he was the Global Practice Delivery Head for Oracle Retail at Wipro Technologies. Before that
he worked at companies such as Tesco India, Ness Technologies and iCelerate.
Prior to that Ravi spent close to a decade working in the silicon valley at various technology
start-ups and product companies such as Informix, OpenVision & AudioBasket Inc.

Chetan Jain - Chief Technology Officer, has over 17 years of experience in Technology, with a
significant background in cross platform application development. He is an open source
evangelist and continues to contribute to various open source projects.
He has authored the book, jQuery Mobile Cookbook by Packt Publishers.
Prior to joining ThoughtStream he worked in the Symbian Devices Unit of Nokia. He has won
various accolades being ranked as the #1 community member and the first 'Mad Scientist" in
the Nokia Qt Developer Forum.

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Vu first pitch

  • 2. Hiring Manager Source resumes from job portals, consultants and employee referrals Hiring Team Create Role requirement Recruitment Team Recruitment Process Screen resumes to shortlist Schedule candidates for face to face interviews Screen the list again and shortlist candidates to be called for Face to Face interviews Conduct multiple interviews and make a selection
  • 3. Challenges Hiring Team - - Time spent in meeting 8-10 candidates for identifying a suitable one High rejection ratio during face to face due to communication, personality, knowledge etc. HR Team - - In most of the interviews, the hiring manager realizes in the first 5 -10 minutes that the candidate is not suitable but ends up spending 30-45 min - Loss of productivity - Half day / full day leave from work - Travel time to the interviewing company’s office - - Time spent in scheduling and coordination between the Hiring Manager and the candidate Candidate Waiting time - Outstation travel Pressure of meeting numbers on time Budget constraints for hiring
  • 4. Hiring Manager Source resumes from job portals, consultants and employee referrals Hiring Team Create Role requirement Recruitment Team Recruitment Process with VuFirst Screen resumes to shortlist Schedule selected candidates for face to face interviews Screen the list again and finalizes a shortlist of candidates to be called for Face to Face interviews Conduct multiple interviews and make a selection
  • 5. How does it work? VuFirst is a cloud based screening solution that makes your search for the right candidates, quick and easy. Corporate Video
  • 6. Benefits Top reasons to use VuFirst Time saving for Hiring Manager in meeting less candidates Productivity improvement Reduction in coordination efforts by the Recruitment team Improved Pipeline efficiency Reduction in hiring life cycle Elimination of travel needed by the candidate Overall reduction in cost!
  • 7. Aberdeen Group – Video Interviewing 32% of organizations participating in Aberdeen’s talent acquisition research are investing in video interviewing, compared to 21% of organizations in 2012. With a strategic, business-driven approach to video, 81% of organizations were able to achieve organizational key performance indicators (KPIs). Additionally, organizations were two or three times more likely to improve recruiting (time to fill, cost per hire, hiring manager satisfaction) and business metrics (customer retention and customer satisfaction) after implementing video.
  • 8. Pricing Rs. 100/$3* per candidate video upload * local taxes extra, * for a 5 min video
  • 9. Market Opportunity We have a global market:  Corporates  Recruitment companies  Universities – used in admission processes
  • 10. Milestones March 2013 Company Started June 2013 Hired Developers October 2013 VuFirst launched November 2013 Android app launched December 2013 Assessment Test Launched
  • 11. About Us VuFirst addresses the pain point of effectively shortlisting candidates, resulting in huge savings on time and dollars spent on the hiring process. It is a cross platform solution that works across devices, helping hiring managers effectively screen candidates. VuFirst makes the screening process smart and efficient by enabling hiring managers to send a link to the candidates to video record an extempore response to interview questions, which they can view, assess and share with colleagues anytime, anywhere. Innovation and value to customer are the basic tenets on which ThoughtStream is founded. ThoughtStream is in the space of bringing innovative cloud based software solutions for corporates to simplify their business processes. The flagship product is VuFirst, a smart hiring solution. For more information and partnership please write to sales@vufirst.com For technical support please write to support@vufirst.com
  • 12. The Team Sunil Goel - Founder & Director, is a proven business leader with 20 years of experience managing various functions across industry leading organizations. Prior to founding ThoughtStream, Sunil was Head of Operations at Tutorvista Global, a pioneer in online tutoring and e-tailing of educational products. Previously, Sunil has worked in leadership positions at organizations like Tesco India, Collabera, Planetasia & Ramco Systems. Ravi Ananthakrishnan - Co-Founder & Director, has 21 years of experience in IT. Most recently he was the Global Practice Delivery Head for Oracle Retail at Wipro Technologies. Before that he worked at companies such as Tesco India, Ness Technologies and iCelerate. Prior to that Ravi spent close to a decade working in the silicon valley at various technology start-ups and product companies such as Informix, OpenVision & AudioBasket Inc. Chetan Jain - Chief Technology Officer, has over 17 years of experience in Technology, with a significant background in cross platform application development. He is an open source evangelist and continues to contribute to various open source projects. He has authored the book, jQuery Mobile Cookbook by Packt Publishers. Prior to joining ThoughtStream he worked in the Symbian Devices Unit of Nokia. He has won various accolades being ranked as the #1 community member and the first 'Mad Scientist" in the Nokia Qt Developer Forum.