How Yubi Achieved 5% Increase In their Applicant to Hire Ratio With Intervue
Intervue • July 23, 2023 • 5 min read
Yubi, formerly CredAvenue, is redefining global debt markets by freeing the flow of finance between borrowers, lenders, and investors. They are the world's first possibility platform for the discovery, investment, fulfilment, and collection of any debt solution. Hiring the best talent efficiently and effectively was a top priority for Yubi. However, with a limited team size and a high volume of applicants, managing multiple interviews simultaneously was a significant challenge. This is where Intervue.io stepped in and revolutionized Yubi’s talent acquisition process, aiding the company's ambitious global expansion and helping it become India’s fastest fintech startup to join the unicorn club.
Finding the right skilled candidates Before Intervue.io, Yubi was grappling with the challenge of conducting multiple interviews in parallel. Their small team size and high applicant volume made it difficult to deliver efficient and effective interviews, resulting in lost opportunities and longer hiring cycles. Moreover, Yubi was keen on a neutral assessment from a third party to provide structured and detailed feedback about the candidates. Searching for a Solution Data privacy and protection were critical concerns for Yubi. Intervue.io's commitment to data security and proactive support ensured that Yubi's data remained within their control. Detailed reports and outcomes were readily available, ensuring transparency and accessibility at all times. Intervue.io not only addressed these concerns but also enhanced the overall interview process, making it faster, unbiased, and more reliable. The platform allowed Yubi to conduct simultaneous interviews and provided structured feedback, which was invaluable in making informed hiring decisions. Notably, Intervue.io's service wasn't just a video interview tool, but a complete interviewing solution that provided comprehensive scripts and data on candidate performance.
A delightful experience
Filling critical roles with Intervue.io With Intervue.io, Yubi was able to double its engineering team in record time. Of the 40% of applicants who interviewed via Intervue.io, over 50% went on to further interview rounds, with an impressive 5% eventually hired — healthy metrics by industry standards. Intervue.io's reporting and data analytics, seamlessly integrated with Yubi's Applicant Tracking System (ATS), simplified the tracking and analysis of the hiring funnel. This unexpected benefit meant that Yubi could see a complete view of the hiring process within one system. The collaboration with Intervue.io exceeded Yubi's expectations. The intuitive platform accepted feedback and iterated accordingly, improving the product and refining the interviewing process. Together, they worked to reduce candidate dropouts and increase turnaround times. Reflections What started as a need for Yubi transformed into a necessity and culminated in an exceptional experience with Intervue.io. The reliable, high-integrity, and intuitive platform not only facilitated more efficient hiring but also improved candidate experience and streamlined Yubi’s talent acquisition process. Today, Intervue.io is an integral part of Yubi's recruitment process, a testament to the transformative impact of a truly intuitive and reliable interviewing solution.
What started as a need for Yubi transformed into a necessity and culminated in an exceptional experience with Intervue.io. Niket Gupta, Group head of talent acquisition at Yubi describes Interview as a “reliable and intuitive platform” that matched their hiring bar, improved candidate experience and streamlined Yubi’s talent acquisition process. Today, Intervue.io is an integral part of Yubi's recruitment process, a testament to the transformative impact of a truly intuitive and reliable interviewing solution.
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