OptimHire, a Hyderabad-based online global recruiting and hiring tech platform that uses AI, Automation, Crowdsourcing, and the Gig Economy to disrupt the $31 billion IT Recruiting Industry, announced on Thursday that it will raise INR 150 crore in the next round of series A funding to expand its global operations. At a press conference here, Lakshmi M Kodali (Larry), Founder & CEO – OptimHire, said, “We have raised INR 20 Crore in Seed funding from Mucker Capital and Pitbull Ventures and wow, with over 120 clients and witnessing 26 percent growth M-o-M, we have raised INR 20 Crore in Seed funding from Mucker Capital and Pitbull Ventures and wow, with over 120 clients and witnessing 26 percent growth M We want to leverage on product innovation and expand our staff across continents, including India, the United States, and Canada as key markets.
We’ve seen a big increase in demand for tech candidates, and we expect this to continue for at least the next five years, according to Kodali. By giving free access to over 6 lakhs pre-screened tech skills and an AI-powered recruiting platform, OptimHire helps organisations employ developers in Days, not Months, he noted. Companies, candidates, and referral partners (online marketers, affiliates, and freelance recruiters) have all benefitted from OptimHire’s three-way ecosystem, which has reduced typical hiring time from 6 months to only 12 days. Companies that use the OptimHire platform benefit from free job advertising, free access to 600,000+ pre-screened candidates, and a free AI-powered Recruiting Platform (ATS System). OptimHire supports customers of all sizes, from startups to mid-size businesses to huge multinational corporations, namely Google, Amazon, Xiaomi, Jio, Rapido and Credijusto.
