The company plans to utilize these funds towards international expansion of Interview-as-a-Service and is set to open new offices in the US, Dubai and Canada
● InCruiter is one of the profitable startups in India to onboard 127 fresh clients in 2022 alone and increase its employee headcount by more than 60% despite the ongoing headwinds
January 12th, 2023: InCruiter, a leading Interview as a Service (IaaS) Brand, has raised INR 10 Mn in a revenue-based funding round led by Recur Club. The company plans to deploy this capital to promote its recently-launched Interview-as-a-Service, in the US, Canada and Dubai markets to accelerate geographical expansion. As part of this initiative, InCruiter will set up new offices in these geographies and recruit new talents in tech and sales to ensure seamless operations.
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.”
Since its inception in 2018, InCruiter has conducted about 50 thousand interviews, engaged 2200+ interviewers and completed 1.51 million interview mins. It has successfully served over 250 domestic and international clients, including some top industry players like Practo, Mahindra, Adecco, and Spinny, among others, scaling their hiring processes by 1.5X.
It is one of the profitable startups that onboarded 127 clients in 2022 alone, when the entire startup ecosystem was going through turmoil due to various factors, including the funding winter. The company demonstrated constant progress during these challenging times and continued to hire talent, thus increasing the employee headcount by more than 60%.
The founders, Anil Agarwal and Ritu Mathran, believe that the hiring 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. InCruiter has already built a leadership stance in India and aims to foray into other geographies. The latest funding from Recur Club will be a game-changer in this endeavour.
