Fountain employed over 3 million blue and grey collar employees in 75 international locations utilizing 35 completely different languages in 2022. (File Photograph)
India is the “most pure place” to take a position, and to broaden as there’s a big alternative and progress price within the blue/gray collar market, says Fountain founder and CEO Sean Behr
Fountain, a supplier of hiring automation software program for frontline workforces, considers India as one of many “massive hubs” on this area, a high firm official stated.
The corporate is current within the US, Western Europe – UK, France, Germany in addition to in South Africa, India, New Zealand and some different international locations. “The massive hubs are India, UK and France,” Founder and CEO of the corporate Sean Behr instructed PTI.
“Fountain focuses completely on the blue collar and grey collar workforce. A overwhelming majority of individuals … don’t …do PowerPoint or Excel, they do issues on the frontlines of our economic system,” Behr stated, including that hiring and retaining employees within the blue and gray collar economic system has by no means been harder.
India is the “most pure place” to take a position, and to broaden as there’s a big alternative and progress price within the blue/gray collar market, Behr famous.
“China has some comparable dynamics, however clearly there’s geopolitical challenges, whereas in India you’ve gotten a much bigger inhabitants and an excellent place for expertise to take a position on this market,” he stated.
Behr identified that India has extra folks within the workforce with a payment-enabled smartphone as in comparison with the 330 million whole inhabitants of the USA.
“With 8 million handbook casual processes, there may be completely no method to scale to 25 million employees and nonetheless be utilizing handbook processes. That you must carry expertise that can standardize the method for these employees and it advantages each the employee and truly extra importantly… the corporate.” Fountain goals to carry standardised technical processes to an “casual, disorganised, spreadsheets – varieties and paper” system.
Behr stated Fountain employed over 3 million blue and grey collar employees in 75 international locations utilizing 35 completely different languages in 2022.
He identified {that a} nation like India poses scale and complexity issues owing to the variety facet right here.
“In Germany, you actually solely want one language, right here that doesn’t work. It’s important to have expertise that’s good sufficient to know that… if I’m recruiting in Karnataka, or Delhi, I’ll (be) interacting with an applicant (and) have to have the flexibility to change languages,” he stated.
Behr additionally outlined IPO plans for Fountain, which marks his fourth entrepreneurial enterprise after beginning up in e-commerce, promoting and automotive using enterprise.
“It’s a few years away for us… it’s an unbelievable funding. It’s important to rent plenty of folks… construct all the precise monetary reporting, authorized… which takes you away from constructing the enterprise,” he stated.
The corporate final raised funds in Sequence C spherical in 2022, amid a difficult atmosphere for late-stage startups, and stated “there’s sufficient money within the financial institution” for now.
(This story has not been edited by News18 employees and is printed from a syndicated information company feed – PTI)
