Intervue io founder Rahul Arora won judges’ hearts in Shark Tank Season 3 Episode 2. Everyone wants to know more about Intervue’s work and founders. The company saves 90% of the engineering & recruitment time to enable the companies to hire a candidate within 5 days. As per Intervue io, they can shorten the time to fill a vacancy from 45 days to 5-7 days. This is a need for all the senior software engineers sitting as an interviewer but not getting paid for it, and all the companies wanting to hire the best candidate on time. With the telecast of the intervue io shark tank episode, everyone is curious to more about the man behind building this company.
Who Is Intervue io Founder Rahul Arora? Wiki Bio, Age, Funding, Career, Education, And Success Story
Rahul Arora belongs to Ludhiana, Punjab. He has built his excellence in tech and communication. Rahul leads a crucial sector for every company which is recruitment and interviewing. He has completed his schooling from DAV Public School as a non-medical student. During his college years, he shifted to Jalandhar, Punjab to pursue a Bachelor of Technology (BTech) in Electrical, Electronics, and Communications from DAV Institute of Engineering and Technology.
Name: Rahul Arora
Gender: Male
Age: Approx 32 Years old
Alma Mater: DAV Public School and DAV Institute of Engineering and Technology, Jalandhar
Education: B.Tech in electrical, electronics, and communications
Profession: Entrepreneur
Known As: Founder & CEO of Intervue io
Nationality: Indian
Shark Tank Deal: Rs. 1.5 Crore for 2% Equity
Deal With: Shark Aman Gupta, Co-Founder & CMO at boAT
After his college, he got his first job at ST Microelectronics as a software engineering intern in Greater Noida. Rahul was passionate about becoming an entrepreneur. Mere seven months after his job, he started his own company, Pay22g. During that time, the internet did not penetrate much in India, which is why he launched the website for an instant mobile recharge facility providing cashback as well. After a year, he shift to sales and engineering in Aspiring Minds.
Rahul worked as a front-end engineer at ReTech Labs. He created an Uber-like web-based app for retail automation B2b there. After nine months, he joined Sapient as a Senior Interactive Developer for a year. Rahul joined Paytm as a senior software engineer for eight months. He worked the longest with Deutsche Telekom as a lead engineer for 2.6 years. During this time, he experienced difficulty in interviewing hundreds of candidates which led to the beginning of intervue io.
Intervue io Founder Success Story
Rahul noticed that the technical interview requires a software engineer for the round. However, they are not able to take much time out of their main task for the process of interviewing. The candidates get settled with another company due to delays in the conducting of an interview. On the other sides, the software engineer taking the interview did not get paid for it.
Intervue io is a solution to both problems. It takes less time for a company to hire a candidate with the app. The interviewer also gets paid for it. On average, an interviewer earns 40-50% for the interview. The rest remains with the company. They made the best thing that anyone needs being on an expertise level. It is the instant payment after the interview is over in the interviewer’s bank account.
Intervue io founder appears on Shark Tank with another partner, Pushpinder from Ghaziabad, UP. They ask for a deal of Rs. 1.5 Crore for 1% equity. The sharks are highly impressed by his clear vision. Shark Aman offers Rs. 1.5 Crore for 2% equity. Shark Anupam offers Rs. 1.5 Crore for 3% equity. Later, Aman and Deepinder gave a combined offer as well for Rs. 5 Crore for 10% equity. Rahul made the final deal with Shark Aman Gupta, Co-founder and CMO of boAt for Rs. 1.5 Crore for 2% equity.
Intervue io Revenue
Intervue io started in 2021. In the beautiful journey of three years, the company made the following growth:
2021-22: Rs. 88 Lakhs
2022-23: Rs. 8.7 Crore
2023-24: Rs. 13-15 Crore (expected)
Intervue raised money for the first time at Rs. 88 Lakhs at Rs. 7 Crore post-money valuation from Titan Capital. The founder mentions that the senior software engineer taking the interview of the candidates earns Rs. 60 thousand approx in a month. The highest has been above Rs. 2 lakhs. They later raised the money again in July 2022. They are also active on Instagram as @intervue.io Keep reading for more updates with charchatimes.com.
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