Recruitment automation platform Expertia AI has secured INR 20 crore in a pre-Series A funding round, with Rockstud Capital leading the investment. The round also saw participation from Flipkart and existing backers Endiya Partners and Chiratae Ventures.
This fresh infusion of capital marks a significant milestone in Expertia AI’s journey as it looks to accelerate product development and scale its technology team. The company had earlier raised INR 9 crore in 2021 from its existing investors.
Reimagining Recruitment with AI
Founded in 2021 by Kanishk Shukla and Akshay Gugnani, Expertia AI offers an agentic AI platform that automates the end-to-end hiring lifecycle—from talent discovery and sourcing to screening, assessment, interviews, and engagement. Operating across 35+ job platforms, the company leverages a vast distribution network of over 220 million professionals.
At the heart of Expertia’s offering lies its proprietary deep learning and natural language processing (NLP) stack, enabling real-time, skill-first candidate-job matching. Its patent-pending technology empowers recruiters to go beyond conventional resumes, adopting a more precise and data-driven hiring approach.
The platform integrates several essential HR functionalities, including:
- Applicant tracking
- AI-powered sourcing
- Candidate assessments
- Bot-assisted interviews
- Real-time hiring analytics
Expertia claims that this comprehensive automation reduces time-to-hire by up to 80% compared to traditional methods.
Growth and Clientele
Since its inception, Expertia AI reports:
- 25 million+ job applications processed
- 230,000+ job openings facilitated
- 18,000+ companies onboarded
The Bengaluru-based startup primarily targets mid-to-large enterprises with 500+ employees, already counting Reliance Retail and Jio among its major clients. With growing traction in the HR tech space, Expertia aims to triple its revenue in FY25, compared to the previous financial year.
Riding the HR Tech Wave
Expertia’s latest raise comes at a time when the global HR technology market is projected to double from USD 40.5 billion (~INR 3.46 lakh crore) in 2024 to USD 81.8 billion (~INR 6.99 lakh crore) by 2032. With increasing demand for scalable, intelligent hiring solutions, Expertia is well-positioned to become the go-to platform for HR and talent acquisition leaders.
For more details related to IPO GMP, SEBI IPO Approval, and Live Subscription stay tuned to IPO Central.