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Reading: Online Recruitment Platform Erekrut Raises Pre-Seed Funding For More Growth & Expansion
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Home > News > Online Recruitment Platform Erekrut Raises Pre-Seed Funding For More Growth & Expansion
News

Online Recruitment Platform Erekrut Raises Pre-Seed Funding For More Growth & Expansion

Shalini Pathak Published Nov 15, 2022
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Online Recruitment Platform Erekrut Raises Pre-Seed Funding For More Growth & Expansion
Online Recruitment Platform Erekrut Raises Pre-Seed Funding For More Growth & Expansion
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Erekrut, an innovative technology pre-hiring assessment job platform that will significantly alter the way recruitment or campus placements are happening globally, has raised $433.33K in its pre-seed funding from a Delhi based angel investor Rajesh Gupta and from promoters.

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According to a press statement, the fresh capital will be utilized for product development, company expansion, and intellectual capital.

Co-founded by Ravinder Goyal and Ajay Goyal, Erekrut provides solutions for recruitment across the corporate and placement diaspora. The platform enables the establishment of a two-way channel of communication between recruiters and institutions to plan their future needs. The company’s goal is to give best fit filtered candidates as quickly as switching on the lights. It is targeting to help institutions in achieving 100% placement support to millions of students studying.

Through Erekrut, both parties can communicate and share their demands in real time. The startup is poised not only to become the most preferred hiring portal across but also the most preferred choice of the recruiters and institutions.

Sharing about the company, Co-founder of Erekrut, Ravinder Goyal, said:

With a great vision to make the recruitment process quick, easy and simple while building a robust global hiring platform, we are inclined to serve and provide solutions for recruitment across the sector, across the corporate and placement diaspora.

The Delhi-based Erekrut will have the largest repository of documents like question banks, job description, connect with various channels for wider reach and things required to hire a candidate in the shortest possible time. It also aims to be more focused on making it a sustainable business in the next 1-2 years down the line, the company said in a statement

Adding further about the platform, Co-founder of Erekrut, Ajay Goyal, said:

We are already shortlisted in an Accelerator programme in the US. We have already onboarded Teams with more than 20 years of relevant industry experiences like Sales, Brand Development and Corporate Relations. Once the newer version is launched, we shall pick the Right Communication Channels across. We already have 5-7% traffic coming from outside India.

In the near future, Erekrut plans to raise $1.5-2 million in the next round. Though, the company did not disclose the timeline of the upcoming fundraise.

TAGGED: Candidate Search, EdTech Funding, EdTech Investors, EdTech Startups/Companies, Hiring, Indian EdTech, Online Recruitment
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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