CoCubes Co-founders Harpreet & Vibhore featured in Outlook Business story, 'Entrepreneurs under 30.'

1. H
arpeet Grover and Vibhore Goyal didn’t exactly start on the best terms when they
met as roommates at IIT Mumbai. “He got the better bed so things were a little
frosty,” says Grover, who graduated in 2005. Matters improved, though, and the duo
have gone on to start a venture that has become India’s largest student engagement and
campus hiring platform. A casual conversation with a placement officer made Grover realise
that there was no formal platform for campus recruitment and with over 30,000 colleges in
India, companies, too, find campus hiring a daunting task. So, with an initial investment of Rs 2
lakh, he and Goyal launched CoCubes in 2007. Based out of Gurgaon, the word CoCubes
derives its origin from the first two letters of three words — connecting colleges (and)
companies. The company currently has around 2,500 colleges on its network who pay an
annual fee, and plans to increase it to 7,000 colleges over the next year. Over 400 companies
hire students through CoCubes: some 10,000 students have been placed through them and
800,000 students are currently registered on the platform. The company hopes to clock $4
million (Rs 22 crore) this year, driven by the increase of colleges in the network.
—Kripa Mahalingam
Outlook BUSINESS / August 4, 2012
(This article was published on Outlook Business dated August 4, 2012. Full Article available on http://goo.gl/xHrwe)