Unstop

Unstop

Digital platform enabling skill-based recruitment and interactive talent engagement

Founded

2017

Headquarters

Delhi (India)

Status

Seed

Company Details

Website

Socials

Email

Phone

+91-9311777388

Unstop is a leading Indian edtech and talent engagement platform, operating at the intersection of education technology and skill-based hiring, Unstop connects organizations with skilled talent through an innovative online ecosystem. The platform is widely recognized for hosting large-scale competitions, hackathons, and challenges that facilitate efficient talent discovery and recruitment.

Core Products and Services

  • Online Competitions & Hackathons: Hosting and managing coding contests, business case competitions, and innovation challenges for students and professionals.

  • Skill-Based Hiring Solutions: Enabling companies to identify, assess, and recruit talent based on real-world skills demonstrated in platform-hosted events.

  • Virtual Events & Campus Recruitment: Facilitating virtual campus drives and recruitment events for educational institutions and corporates.

  • Community Building: Fostering networking and learning opportunities for students, early professionals, and job seekers.

Unique Value Proposition

  • Integrated Talent Discovery: Combines engagement, assessment, and hiring in a single platform, streamlining the recruitment process for both employers and candidates.

  • Gamified & Community-Driven: Leverages competitions and challenges to make talent engagement interactive, data-driven, and scalable.

  • Trusted by Industry Leaders: Partnered with top companies and educational institutions, making it one of India’s largest and most trusted platforms for online competitions and hackathons.

Business Model & Revenue Streams

  • Subscription Fees: Organizations pay subscription fees to host competitions, recruitment drives, and virtual events on the platform.

  • Commission/Service Fees: Unstop charges commission or service fees on successful talent placements and hires facilitated through its platform.

  • Sponsorship & Advertising: Generates revenue from brands and companies seeking to reach student and professional communities via sponsored events and advertising.

  • Premium Features & Analytics: Offers advanced analytics, premium event management tools, and enhanced recruiter features for a fee.

  • Event Management Services: Provides end-to-end management of virtual campus hiring and large-scale talent engagement events.

Customer Segmentation

  • B2B: Corporates, startups, and educational institutions seeking to discover and hire talent or engage student communities.

  • B2C: Students, early professionals, and job seekers participating in competitions and seeking career opportunities.

  • Enterprise: Large organizations requiring customized, scalable talent engagement and hiring solutions.

Growth Strategy

  • Platform Innovation: Investing in AI-driven skill assessment, gamification, and advanced matchmaking to enhance talent discovery.

  • Partnership Expansion: Building more partnerships with universities and corporates to increase event volume and platform reach.

  • Geographical Expansion: Targeting Southeast Asia and other emerging markets to scale the platform’s impact.

  • Product Diversification: Launching new features for virtual events, deeper analytics, and community engagement.

  • Strategic Acquisitions: Exploring acquisitions to enhance technology, expand user base, and enter new verticals.

Key People

Ankit Aggarwal

Abhishek Sah

Ratan Singh

Key Metrics

Total Equity Funding

$5.28 Million

No. of Funding Rounds

3

Latest Funding Round

$5 Million, Seed

as of August 2, 2023

Post Money Valuation

$24.2 Million

as of August 2, 2023

Funding Multiple

4.58

as of August 2, 2023

Investors

Mynavi

and 2 more

Employee Count

524

Similar Companies

Jify

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
August 2, 2023Seed$5 Million$24.2 Million$2.5 Million-Venture Catalysts, 100Unicorns, Caret Capital, Lumis Partners

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