HR solution provider PeopleStrong may get the responsibility to recruit employees for Wipro’s India and Middle-East division. The deal is likely to be valued at more than Rs 100 crore, The Economic Times reported. The deal may be clinched in the next few days. The recruitment process outsourcer (RPO) will manage Wipro Infotech’s recruitment for 5-7 years.
PeopleStrong declined to comment on the development. Wipro said it is “considering partnering with leading service providers for specialised services in recruitment technology and processes. We constantly evaluate innovative models to administer various functions and processes within the organisation.”
As per a report by Randstad India, the RPO service in India is expected to grow at 40-50%, owing to an increase in recruitment in the next six months. “More than 70% of Indian employers are expected to outsource complete or parts of their recruitment process over the next five years,” the report says. “RPO will grow exponentially now that companies need workforce to scale up and there is insufficient manpower strength within the firms to hire in large numbers. We started our RPO around two years ago and busi-ness has doubled and enquiries from clients are up four times,” said Moorthy K Uppaluri, chief executive of Randstad India.
PeopleStrong’s Recruitment Technology (Alt Recruit) is a smart, scalable and one-stop recruitment solution for hiring the top talent. It is not merely an Applicant Tracking System (ATS), rather is AI-enabled, Unified, Intuitive and Intelligent recruitment platform which powers end-to-end hiring processes of 100+ organization across the globe. It is integrated with 50+ candidate sourcing channels, processes over 1 million candidates per year and rolls out 60,000+ joining offers per year.
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