Interviewstreet
Encyclopedia
Interviewstreet is an IT
IT
-Organizations:* Institutes of Technology in Ireland* Intelligent Transit, a public transportation service in West Virginia* Intercity Transit, a public transportation service in the state of Washington-Media:* The Irish Times...

 Startup company
Startup company
A startup company or startup is a company with a limited operating history. These companies, generally newly created, are in a phase of development and research for markets...

 started by two alumni of National Institute of Technology, one of the premier institutions in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. Interviewstreet has been started as a platform for conducting mock interviews for students to help them in campus placements. But later their Business Model turned to help Companies to recruit the right employees with good Programming skills. Interviewstreet helps Companies to screen candidates with real programming tests with their Web-based tools.

Overview

Interviewstreet helps Companies to create customized programming tests (in any language) and evaluate candidates based on their programming skills before proceeding for an interview. They have built a codechecker which would evaluate an applicant’s code, checks against a set of test-cases letting the recruiters know how optimal his code is. This acts as a time-saver for companies as the recruiters interact only with candidates who have cleared the benchmark.

Founders

Interviewstreet began as a college project at NIT, Tiruchirapalli. The founders Vivek Ravisankar and Harishankaran K, both 24 years old, set up a forum for mock interviews with college students during placement season, helping to filter out promising candidates from the larger pool. On graduating, they were hired by Amazon
Amazon.com
Amazon.com, Inc. is a multinational electronic commerce company headquartered in Seattle, Washington, United States. It is the world's largest online retailer. Amazon has separate websites for the following countries: United States, Canada, United Kingdom, Germany, France, Italy, Spain, Japan, and...

 and IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

, respectively, but continued to work on their start-up idea in their free time. In July 2009, they quit their jobs and sought mentoring from The Morpheus, a Chandigarh-based seed fund. But even this boost was not sufficient. "They were not getting any traction even after working on it for many months," says Morpheus co-founder Sameer Guglani, who observed that they were, however, not ready to abandon the venture.Instead the two friends locked themselves up in a room for 10 days and launched Interview Street in December 2010.

Funding

Interviewstreet has become the first Indian company to be chosen for an incubation programme at Y Combinator
Y Combinator
Y Combinator is an American seed-stage startup funding firm, started in March 2005. Y Combinator provides seed money, advice, and connections at two 3-month programs per year...

."We liked the founders. They seem smart, determined and effective. They've proven our assessment to have been correct," said Y Combinator partner Harj Taggar.
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