Online recruitment solution provider Erekrut has scooped up pre-seed funding of $433.3K from Delhi based angel investor Rajesh Gupta and from promoters.
Erekrut plans to utilise the fresh funds for product development, company expansion, intellectual capital et al, the company said in a press release.
Founded by Ravinder Goyal and Ajay Goyal, Erekrut provides solutions for recruitment across the corporate and placement diaspora. Erekrut enables the establishment of a two-way channel of communication between recruiters and institutions to plan their future needs. Through this platform, both parties can communicate and share their demands in real time.
According to Erekrut, the platform 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. The startup aims to be more focused on making it a sustainable business in the next 1-2 years down the line.
The Delhi-based startup claims to have 5-7% traffic coming from outside India.
Erekrut was incorporated in Aug 2021, however, the pilot has been running since July 2020. Incubated with Amity Technology Incubator, it plans to raise $1.5-2 million in the next round. The company did not disclose the timeline of the upcoming fundraise.
