As of today, the majority of the interviews end up with no feedback given to candidates. We have filled up this NO INTERVIEW FEEDBACK ZONE through mock interviews.
Current Status
We have started with Tier-1 colleges in the engineering field and as of today, we are actively present in 12 (out of 23) IITs. At some IITs, we are executing mock interviews in batch format while other places students are contacting us directly through websites. Our monthly traffic is currently 15000 users. So far we have conducted 600+ mock interviews. From Nov '22 to Jan '23 time frame we have made around 4 lakhs revenue through IIT alone. As of batch 2023, the highest package bagged by any student all over India is from IIT Kanpur (Sarthak Rout 1.9Cr) took 3 mock interviews from us.
Problem or Opportunity
As of today, the majority of the interviews end up with no feedback given to candidates. Even if they give feedback, it's too minimal to decode.
On the other hand, candidates giving back to back interviews had been asking for interview feedback/ performance. In absence of feedback, they develop lots of self-doubt.
Solution (product or service)
We have created a platform that connects interviewers with candidates through mock interviews, giving them detailed feedback and next steps to improve upon. Interviewers make money, and candidates crack interviews working on feedback/ next steps - we just take a 10-25% commission.
Business model
We currently operate in B2B (major) and B2C format. As B2B, we execute mock interviews at the bulk level with the college's TnP/ CDC team and training institute. At the mock interview assessment level, the market is quite vacant. We take ~20% and ~30% margin from B2B and B2C execution.