B2B HR solutions platform, Hyperhire has raised $200,000 (about Rs 1.39 Cr) investment from Seoul based early-stage venture capital firm Springcamp. The seed funding will be utilized by the HR tech platform to launch 'JOBKET' - a platform for referrals in the HR process - in India.
Co-founder Amrita Gujral stated, “JOBKET is a well thought through product with the excellence of tech from Korea and the Indian HR insights ensuring the product puts itself to best use guaranteeing efficiency.”
Amrita added that in its initial phase, will reach out to potential candidates in Delhi, Mumbai, and Bengaluru. The platform will gradually expand pan-India by the end of this year.
The HR tech platform leverages artificial intelligence to identify the most appropriate candidates for relevant profiles. It allows users to access various handpicked job descriptions from renowned companies, basis which they can either self-apply or recommend their friends. Depending on the stature of the job profile, users on the platform also get rewarded if their referred candidate makes it to the company.
The company founded by Mingi Daniel Kim, Amrita Gujral, and Nakul Sethi, Hyperhire is also being supported by the Korean government. Apart from Jobket, the B2B firm also offers services such as compiling shortlists of interested candidates, interviews and results-based data analysis.