Thursday, February 2, 2023
HomeInsightFunding Alert Interview as a Service Startup InCruiter Raises Rs 10 Mn In...

[Funding alert] Interview as a Service Startup InCruiter Raises Rs 10 Mn In Revenue-based Round

InCruiter, a leading Interview as a Service (IaaS) brand, has raised INR 10 million in a revenue-based funding round led by Recur Club.

InCruiter, a leading Interview as a Service (IaaS) brand, has raised INR 10 million in a revenue-based funding round led by Recur Club.

To accelerate geographic expansion, the company will use the funds to promote its recently launched Interview-as-a-Service in the US, Canada, and Dubai markets. The company will set up new offices in these geographies and recruit fresh talent in technology and sales to ensure seamless operations, as per reported by BW Disrupt.

Read also – [Funding alert] Fintech Startup BankSathi Secures $4 Mn in Pre-series A Round

Anil Agarwal, CEO & Co-Founder InCruiter said, “We are delighted to secure this funding from a leading player like Recur Club. We take pride in the fact that they believed in our relentless efforts of scaling InCruiter to new heights despite the ongoing macroeconomic headwinds. It also underlines our dedication to transforming traditional hiring practices through our all-in-one Interview-as-a-service solution. We will continue to launch more such innovative products in the coming times – a new product is already in the pipeline and is expected to go live by the end of 2023. At InCruiter, we believe in staying at the forefront of innovation, and with pioneering expertise, we aim to set our bars higher than ever before.”

About 50 thousand interviews have been done, 2200+ interviewers have been involved, and 1.51 million interview minutes have been finished since InCruiter launched in 2018. With its help, more than 250 domestic and foreign clients—including some of the best companies in the field, including Practo, Mahindra, Adecco, and Spinny—have been able to scale their hiring procedures by 1.5 times.

Read also – LEAD Acquires Pearson India’s K-12 Learning Business

The company has demonstrated steady progress during challenging times and continues to hire talent, thus increasing its workforce by over 60%. Founders, Anil Agarwal and Ritu Mathran believe that the recruitment landscape presents immense growth and innovation opportunities for players like us, and we strive to make the most of them with our in-house interview solutions.

About InCruiter

The Bengaluru-based startup provides remote interview solutions to businesses to identify the right fit for their company through precise and accurate assessment. The company was founded by Anil Agarwal and Ritu Mathran in 2018.

Read also – Servify Acquires AI Startup Jubi.ai

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