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  • Wednesday, April, 2024| Today's Market | Current Time: 12:45:21
  • CoffeeMug.ai launches Talent Solutions Platform to make senior-level hiring hassle-free for high growth companies; eyes $3 Mn revenue by FY 2022-23

    Published on April 12, 2022

    • The company has already onboarded 35 clients across India, the US, and Singapore; some of the marquee clients include Lenskart, Licious, Gaana, Haptik, Klub, Sugarbox, and Gameskraft
    • The innovative Talent Solutions platform aims to serve around 150 clients and clock a revenue of USD 3 million by the end of FY 2022-23

    Scouting for the right talent for a senior-level role has become a critical pain point for organizations worldwide, especially in today’s ‘Great Resignation’ era. To address this challenge, CoffeeMug.ai, a rapidly-growing community of over 2,50,000 founders, investors, CXOs, and business leaders, has launched an innovative talent solution (https://coffeemug.ai/talent-solutions) for senior-level hiring integrated with its community: a source-to-hire talent intelligence platform that is powered by the open web, an AI-based matchmaking engine and deep insights from the CoffeeMug.ai community.

    The talent search platform scans millions of public profiles available on the internet and layers them with deep aspirational and behavioral insights from CoffeeMug’s data pool to drive senior-level hiring for its clientele. The company has already onboarded 35 clients across India, the US, and Singapore. The list includes marquee brands like Lenskart, Licious, Gaana, Haptik, Klub, Sugarbox, and Gameskraft, among others. Through this platform, CoffeeMug.ai strives to cater to around 150 clients and drive revenue of USD 3 million by the end of FY 2022-23. The company also plans to strengthen the platform by onboarding more clients especially in the US market in the next few months.

    Dipti Tandon, Co-Founder & COO, CoffeeMug.ai said, “Finding the right talent has become highly challenging for leaders during these unprecedented times, especially for a senior role. Since we launched CoffeeMug.ai, our members highlighted the challenges they face in finding the right role for themselves, and we realized how big this opportunity is. By launching Talent Solutions, we have decided to address it. The best part is that we are starting with 35+ clients across India, the US, and Singapore, demonstrating that this is a global problem statement. We are excited about addressing it.”

    On the launch of CoffeeMug Talent Solutions, Ramneek Khurana, Co-Founder, Lenskart, said, “Lenskart has been working closely with the CoffeeMug platform for our senior-level hiring needs as a partner and our first port of call, especially in the engineering and product domain. We have firsthand experienced the team’s capability to move fast with our ever-evolving hiring needs powered by their backend hiring engine, and it has delivered phenomenal results for us.”

    Since its inception in 2020, CoffeeMug.ai has successfully enabled seamless networking for senior professionals, investors, and business leaders, Every week it connects thousands of members  with each other allowing them to expand their professional network

    With the launch of CoffeeMug Talent Solutions focused on senior-level hiring, the startup plans to tap into the USD 20 Bn annual global senior hiring market. The company also targets to expand its offering by allowing its members consisting of founders, HR heads, and CXOs, who are looking to expand the senior team in their organizations, to tap into the platform and directly engage with the qualified talent. With the CoffeeMug Talent Solutions, they can utilize features like increased response rates with verified contact info, exploratory meetings, drip campaigns & response tracking system deeply integrated into the networking platform.

    Through CoffeeMug Talent Solutions, the company has extended its ambit beyond professional networking, making senior-level hiring seamless and hassle-free for its members. It will continue devising and delivering more innovative solutions for corporates to enhance their overall networking and hiring processes and add unmatched value to its clients.

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