Expertia AI secures pre-Series A funding led by Rockstud Capital

Entrackr · 4d

Recruiter platform Expertia has raised Rs 20 crore in a pre-Series A funding round led by Rockstud Capital, with participation from Flipkart and its existing investors, Endiya Partners and Chiratae Ventures. Prior to this, the company had raised Rs 9 crore in a funding round back in 2021 from its existing investors. The proceeds from the latest round will be used to enhance product development and expand its technology team, Expertia stated in a press release. Co-founded in 2021 by Kanishk Shukla and Akshay Gugnani, Expertia AI provides an agentic platform that automates talent discovery, sourcing, screening, assessment, and interviews across more than 35 job platforms, leveraging a distribution network of over 220 million professionals. According to market research, the global HR technology market is expected to grow from $40.5 billion in 2024 to $81.8 billion by 2032. As per the Bengaluru-based company, it leverages proprietary deep learning algorithms and natural language processing (NLP) to surface the most relevant talent in real time. Its patent-pending AI technology enables recruiters to go beyond traditional resumes, adopting a skill-first approach for precise candidate-job matching. Expertia integrates applicant tracking, organic sourcing, assessments, candidate engagement, bot-assisted interviews, and hiring analytics. The platform claims that its agentic AI enables recruiters to close vacancies 80% faster than traditional solutions. It aims to establish Expertia as the recruitment solution of choice for talent acquisition and HR leaders. Since 2021, Expertia states that it has processed over 25 million applications, facilitated hiring for more than 230,000 jobs, and built a user base of over 18,000 companies. The company aspires to close the current FY25 with 3x revenue growth from FY24. It targets enterprises with 500 or more employees and has already onboarded major clients such as Reliance Retail and Jio.