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Navigating the peaks and valleys: A recap of 2023 in HRtech and a glimpse into the future
Mumbai: As the curtains fell in 2023, InCruiter, a stalwart in the HRtech realm, celebrated its triumphant completion of five years in the industry. The year unfolded as a dynamic narrative, a rollercoaster ride of challenges and victories that defined the company’s resilience and adaptability. In the face of economic uncertainties and a market downturn, InCruiter not only weathered the storm but emerged stronger, introducing a groundbreaking product and strategically expanding its global footprint. This is the story of InCruiter’s 2023 journey, a testament to its commitment to innovation and its unwavering pursuit of excellence.
Navigating Turbulence: InCruiter’s Resilience Amidst Economic Challenges- Amidst a recessionary backdrop, the HRtech industry faced a dry season for hiring, marked by layoffs and attrition. In this challenging landscape, InCruiter showcased remarkable resilience. Despite the economic headwinds, the company not only maintained its operations but also expanded its team and global presence. The decision to fortify roots in key locations, including the United States, Singapore, and Dubai, underscored InCruiter’s strategic vision and positioned the company to thrive in an ever-evolving international job market. In 2023, 70% of companies chose to either increase or maintain their investments in HR technology, demonstrating a steadfast belief in the long-term value of technology-driven HR solutions.
IncBot: Revolutionizing HR Processes with Cutting-Edge AI Technology- The standout achievement of 2023 for InCruiter was the successful launch of IncBot—a revolutionary AI video interview software. In a landscape where technological advancements are reshaping traditional hiring processes, IncBot emerged as a game-changer. The product not only streamlined hiring procedures but also reflected the company’s commitment to staying at the forefront of technological innovation. The significance of IncBot was further highlighted by a 2023 survey from the Society for Human Resource Management (SHRM), indicating a growing trend of 40% of organizations using AI in their hiring processes. This section delves into the transformative impact of IncBot and its role in positioning InCruiter as a leader in AI-driven HR solutions.
As 2023 bids farewell, InCruiter stands at the intersection of challenges conquered and innovations unleashed. The rollercoaster ride of the past year has set the stage for an ambitious leap into 2024. With a robust forecast for the HRtech market—expected to grow with a CAGR of 7.18 per cent—InCruiter is poised for a tenfold expansion, introducing new features, and venturing into international markets. The journey ahead looks promising, and InCruiter is ready to make an indelible mark in the dynamic landscape of HR technology, reaffirming its commitment to global excellence and technological prowess.
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
