In a pre-Series A funding round headed by Rockstud Capital, the recruitment platform Expertia raised Rs 20 crore. Flipkart and its current investors, Endiya Partners and Chiratae Ventures, also participated.
The business had previously raised Rs 9 crore from its current investors in a funding round back in 2021. According to a press release from Expertia, the money raised in the most recent round will be utilized to grow its technology team and improve product development.
Expertia AI, which was co-founded in 2021 by Kanishk Shukla and Akshay Gugnani, offers an agentic platform that uses a distribution network of more than 220 million professionals to automate talent discovery, sourcing, screening, assessment, and interviews across more than 35 job platforms.
Market research projects that by 2032, the global HR technology market will have grown from $40.5 billion in 2024 to $81.8 billion.
The Bengaluru-based company claims that it uses natural language processing (NLP) and proprietary deep learning algorithms to instantly identify the most qualified candidates. Employers can now go beyond traditional resumes and use a skill-first approach for accurate candidate-job matching thanks to its patent-pending AI technology.
Hiring analytics, assessments, candidate engagement, bot-assisted interviews, applicant tracking, and organic sourcing are all integrated by Expertia. Recruiters can fill positions 80% faster with the platform’s agentic AI than with conventional methods, according to the company. It seeks to position Expertia as the preferred hiring option for HR and talent acquisition executives.
Expertia reports that since 2021, it has processed more than 25 million applications, helped hire more than 230,000 people, and amassed a user base of more than 18,000 businesses. The company wants to triple its revenue growth from FY24 by the end of FY25. It targets businesses that employ 500 people or more, and it has already onboarded significant customers like Jio and Reliance Retail.
