In a pre-Series A funding round headed by Rockstud Capital, the recruitment site Expertia AI raised Rs. 20 crore. Flipkart and its current backers, Endiya Partners and Chiratae Ventures, also participated.
The business had previously raised Rs. 9 crore from its current investors in a fundraising round back in 2021. According to a news statement from Expertia, the money raised in the most recent round will be utilized to grow its technological staff and improve product development.
Expertia AI, which was co-founded in 2021 by Kanishk Shukla and Akshay Gugnani, offers an agentic platform that uses a distribution network of more than 220 million experts to automate talent discovery, sourcing, screening, assessment, and interviewing across more than 35 employment platforms.
Market study projects that by 2032, the worldwide HR technology market would have grown from $40.5 billion in 2024 to $81.8 billion.
The Bengaluru-based startup claims that it uses natural language processing (NLP) and proprietary deep learning algorithms to instantly identify the most qualified candidates. Employers may now go beyond standard resumes and use a skill-first strategy for accurate candidate-job matching thanks to its patent-pending AI technology.
Expertia combines hiring analytics, evaluations, candidate interaction, bot-assisted interviews, application monitoring, and organic sourcing. According to the platform, recruiters can fill positions 80% more quickly than with conventional methods thanks to its agentic AI. It seeks to position Expertia as HR and talent acquisition leaders' preferred recruitment solution.
Expertia claims to have handled more than 25 million applications since 2021, helped in the hiring of more than 230,000 people, and amassed a user base of more than 18,000 businesses. By the end of FY25, the company hopes to have tripled its revenue from FY24. Major clients like Jio and Reliance Retail have already been onboarded, and it targets businesses with 500 or more people.