HR News: 31 Oct, 2017

1.

Airbnb to buy Indians-backed background verification company, Trooly

Trooly helps in proactively identifying potentially highest value, lowest risk recruits at a cost of $1 per query.
Trooly, the back ground verification company founded by three Indians – Savi Baveja, Anish Das Sarma and Nilesh Dalvi – is now all set to be acquired by its client, Airbnb.

Trooly uses public and permissible digital footprints to understand and predict the trustworthiness of individuals and businesses. Its Instant Trust ratings evaluate multiple dimensions of trust - mining real-time data to evaluate identity, personality and behavior. It uses minimal and non-intrusive identity information as input, and provides screening for undesirable past behaviors, and, by using robust machine learning, it predicts the likely future behaviors.

2.

HR tech start-up Darwinbox gains investor attention: Raises $4 million series A funding

Plans to use the funding for product innovation and market expansion.
Technology in HR is on an upward trail and to boost it further, investors are showing great interest in the domain. American venture capital firm Lightspeed Venture Partners, along with a few others, just concluded a $4 million series A funding for home-grown enterprise Human Resource Management (HRMS) platform, Darwinbox.
Lightspeed India Partners led the round along with participation from Darwinbox's existing investors Endiya Partners, Mohandas Pai's 3one4 Capital and Startupxseed Ventures. The company had raised its pre-series A round less than a year ago.
Jayant Paleti, co-founder, Darwinbox, says, "There is a strong, ever increasing demand for a modern technology suite that will address the need for a system that’s not just for recordkeeping but a system of intelligence that helps propel the human resource agenda. With this capital raise, Darwinbox will continue to expand its core technology, product and go-to-market capability across India and internationally." 

3.

Acid attack victims to get reservation in central government jobs and promotions

Those with autism, intellectual disability, specific learning disability, mental illnesses and deaf-blindness will also be entitled to 1 per cent reservation.

In an effort to help acid attack victims, the central government has decided to give them reservation in central government job vacancies and promotions.

The Department of Personnel and Training (DoPT) has made a draft policy where it proposes vacancies, promotions quotas and age relaxation for persons suffering from autism, mental illness, intellectual disability and victims of acid attack. This job vacancies reservation will be for the post of office assistant to the Indian Administrative Service (IAS) officers.