
Rockstud Capital leads Expertia AI's pre-Series A funding round
Recruiter platform Expertia has raised Rs 20 crore in a pre-Series A financing circular driven by Rockstud Capital, with support from Flipkart and its existing financial specialists, Endiya Partners and Chiratae Ventures.
Earlier to this, the company had raised Rs 9 crore in a subsidizing circular back in 2021 from its existing speculators. The continues from the most recent circular will be utilized to upgrade item improvement and grow its innovation group, Expertia expressed in a press release.
Co-founded in 2021 by Kanishk Shukla and Akshay Gugnani, Expertia AI gives an agentic stage that robotizes ability revelation, sourcing, screening, appraisal, and interviews over more than 35 work stages, leveraging a conveyance organize of over 220 million experts.
Concurring to advertise investigate, the global HR technology market is anticipated to develop from $40.5 billion in 2024 to $81.8 billion by 2032.
As per the Bengaluru-based company, it leverages exclusive profound learning calculations and natural language processing (NLP) to surface the foremost important ability in genuine time. Its patent-pending AI innovation empowers recruiters to go past conventional resumes, embracing a skill-first approach for exact candidate-job coordinating.
Expertia coordinating candidate following, organic sourcing, assessments, candidate engagement, bot-assisted interviews, and enlisting analytics. The stage claims that its agentic AI empowers enrollment specialists to shut opening 80ster than traditional solutions. It points to set up Expertia as the enlistment arrangement of choice for ability securing and HR leaders.
Since 2021, Expertia states that it has handled over 25 million applications, encouraged enlisting for more than 230,000 employments, and built a user base of over 18,000 companies. The company aims to shut the current FY25 with 3x income development from FY24. It targets undertakings with 500 or more workers and has as of now onboarded major clients such as Dependence Retail and Jio.