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InCruiter, the leading Interview-as-a-Service (IaaS) brand, has raised INR 10 crore in a revenue-based funding round led by Recur Club. The company plans to use the funds to accelerate its geographic expansion by promoting its recently launched interview-as-a-service in the US, Canada and Dubai markets. As part of the plan, InCruiter will open new offices in these regions and recruit new technical and sales talent to ensure seamless operations.
“We are delighted to receive this funding from a leading player like Recur Club. We are proud that they believe in our tireless efforts to scale InCruiter to new heights amid macroeconomic headwinds. It also underscores our commitment to Transform traditional recruitment through our all-in-one interview-as-a-service solution practice. We will continue to introduce more such innovative products in the future – new products are already in the pipeline and are expected to go live by the end of 2023. At InCruiter, we believe Staying at the forefront of innovation and drawing on groundbreaking expertise, we aim to set our bar higher than ever before,” said Anil Agarwal, InCruiter CEO and Co-Founder.
Since its inception in 2018, InCruiter has conducted approximately 50,000 interviews, hired more than 2,200 interviewers, and completed 1.51 million interview minutes. It has successfully served more than 250 domestic and foreign clients, including some of the top industry players such as Practo, Mahindra, Adecco, and Spinny, scaling up their recruitment process by 1.5 times. In a statement, the company said it was one of the most profitable start-ups, onboarded 127 customers in 2022 alone, demonstrated continuous improvement during these challenging times, and continued to hire talent, resulting in headcount increased by more than 60%.
InCruiter provides businesses with remote interviewing solutions to identify the best candidates for their company through precise and accurate assessments.