....aims to be global leader in HR space

Snehal Shah and Nicky Tejwaney are 27 years old and Directors of NSR Placement Services. Five years from now, they see NSR as a global leader in the HR space. Nicky Tejwaney and Snehal Shah were childhood friends, working for their family businesses. They began their entrepreneurial journey over a cup of coffee and conversation. They decided it was time for them to start off on their own and so began NSR Placement in 2002, with just one computer and Rs 20,000. But taking off wasn’t easy for this HR recruiting company. Snehal Shah: When we started business, we needed our first clients. At the time when we started, the BPO industry was in its boom. We said that we can probably go over here and got an appointment of a senior HR manager in a Pune- based BPO. When we went there, we had to wait for more than three hours, but that lady still did not meet us. We were wandering around the building. On top of it was a software company and we barged in and told the Manager HR that we are consultants and can help you find the kind of people that you want and she immediately agreed. That is when we came back to our office, did the entire backend work, fulfilled that particular requirement and that is when we generated our first revenue. From one employee and one client today, NSR has more than 100 employees and a slew of major MNC clients. It was voted the number one HR company by various job sites. Nicky and Snehal believe in providing HR solutions for long-term needs. Nicky Tejwaney: Another milestone we achieved is clicking an RPO deal. RPO is recruitment process outsourcing, where a company outsourcers all its functions of recruitment to one company. We have just clicked this deal, with a very big software company here in Pune, where we deployed more than 35 HR people to take care of their recruitment activities. So, it is one of the biggest deals in Pune and that is what has actually got us to the Indian map. Now, that they have struck big with NSR, they are trying to replicate the success with their sister concern-Tempt Talent Services, which looks after the HR needs of the IT industry. Targeting a team of 500, by 2010, and setting the table up for an IPO, this duo is keen on pocketing its dream of the US office by 2008.