Ideas|Products|Startups|VCs

MeraCareerGuide in partnership with Mospay has developed an mobile app called mInterview. mInterview is an interview centric application which you can download in an airtel phones . The interview application is designed in such a way that it would help the user to prepare for the interview. User can get tips in soft skills, technology related topics.

Airtel has selected mInterview as one of their best apps out of 70k apps in Airtel Appstore.

It’s a one-time download process and will cost you only Rs.25. Once it has been downloaded, you can use it any number of times to refer to the tips and steps to a successfulinterview. SMS app to 54321to receive the URL.

-Hitesh, vcBytes.com

iimjobs.com an exclusive job portal for MBAs from premier business schools in India released the findings of second MBA Salary Survey. The survey was conducted to understand trends in compensation of MBAs from top business schools in India.

The survey was administered from May 16 to 31, 2010 with over 5600 MBA graduates sharing their salary data anonymously.

“We conduct this survey every year to help professionals benchmark their salary against their peers in the Industry. We made sure that we didn’t collect any individually identifiable information to maintain confidentiality during the whole process. The data was then tabulated based on area of specialization and years of experience. The areas being covered as part of this survey are – Finance, Marketing, General Management/Consulting, and Systems (IT)”, said Tarun Matta, founder of iimjobs.com

Salaries grew fastest at 12.7% for professionals working in IT sector, taking them closer to their batch mates working in Finance and Consulting. Average salary for MBAs working in IT sector was observed to be 12.9 lakhs for 3 to 4 years of experience and 17.3 lakhs for 5 to 7 years of experience.

Professionals in Sales & Marketing saw 11.8% growth in compensation this year. Average salary for MBAs working in Sales & Marketing was observed to be 9.8 lakhs for 1 to 2 years of experience, 13.6 lakhs for 3 to 4 years of experience and 18.1 lakhs for 5 to 7 years of experience.

Average salaries in Finance was observed to be 11.5 lakhs for 1 to 2 years of experience, 14.3 lakhs for 3 to 4 years of experience and 19.6 lakhs for 5 to 7 years of experience.

“Even though, salaries in finance and consulting didn’t increase as much as other sectors, the average salaries were observed to be higher than sales, marketing and IT. Finance and consulting still remain top choices for MBAs graduating from top business schools.

Average salaries in Consulting grew around 7.6% and was observed to be 11.5 lakhs for 1 to 2 years of experience, 14.7 lakhs for 3 to 4 years of experience and 18.4 lakhs for 5 to 7 years of experience.

-Hitesh, vcBytes.com

Desired Candidate Profile

1. Comprehensive knowledge & exposure in working on php, mysql, ajax, jquery
2. Add on knowledge of Joomla will be preferable
3. Knowledge of third party integration like payment gateways and shipping gateways

Job Description

Minimum 3 year experience on PHP, MySql

Startup in a stealth mode in education/ecommerce domain.

Compensation:

6-8L

Zyoin Started by Krishna Kumar who has earlier created businesses and have successful exits with Anuj Agrawal, mid 2008 is trying to a make a way for itself in a crowded  arket. With a strong proposition to offer a cash incentive as a gratification this site has done a great jobn in reaching to the audience who are serious networked professionals.

THe NITK Suratkal alumni say Zyoin offers key propositions as,

• Employer get Qualified candidate at the Convenience of a Job Board. All this at a Substantial lower cost.
• Professionals/Recruiters earn good money by utilizing their current offline/online friend or professional Network which they otherwise are not able to monetize.

Talking about competition Naukri and Monster can be a possible competition but extending a thought they think there is no actual competition. Even our internal players think there are few in the same space but may be with the founder experience they have a something to make it successful. Zyoin serves as “online recruitment marketplace”  which enables huge pool of “qualified” recruiters and professionals to work on job requirements of Corporate: – EBay of recruitment, is what we are upto, says Anuj

VcBytes reviews- Given the slower market with recruitment moving slow this service may see slower growth in the current times. Though there is a direct gratification Indian consumer audiance always takes the online gratifiactions with a pinch of salt as money made online or on cell phones may not make it to the consumers easily or would take a longer time, however there is always someone who can break this paradigm, Zyon may be the one who does it.

Riya Jha, Editor VC Bytes. Story Collection by Rakesh@vcbytes.com