The first round of the interview process consists of a two-hour-long HackerRank coding assessment, where you'll be tasked with solving three questions that are typically of LeetCode medium difficulty. This round is designed to evaluate your problem-solving skills, coding efficiency, and understanding of algorithms and data structures. Following this, the second round involves a video recording interview facilitated by EasyHire, where you will be required to answer questions on camera, showcasing not only your technical knowledge but also your communication skills and ability to articulate your thought process effectively.