Erekrut: Bridging the Gap Between Talent and Opportunity in the Digital Era
In the ever-evolving landscape of human resources and technology, one Delhi-based startup is making waves with its innovative approach to recruitment. Erekrut, founded by the dynamic father-son duo Ajay and Dr. Ravinder Goyal, is changing the way companies hire and individuals job-hunt by seamlessly connecting recruiters, job seekers, and academic institutions.
A Vision Born from Experience:
Ajay Goyal, a fashion student at Amity University, experienced the challenges of traditional hiring firsthand while volunteering for his university’s campus-to-corporate program in 2019. The lengthy hiring cycles, delayed responses, and impersonal approach left room for improvement. Determined to address these issues, Ajay teamed up with his father, Dr. Ravinder Goyal, who brought nearly three decades of professional experience in vocational training and placement.
Erekrut’s Mission:
Founded in 2020, Erekrut utilizes advanced technology to create a unified platform that streamlines the hiring and placement process, making it faster, more efficient, and cost-effective. The startup has positioned itself as a bridge between recruiters, job seekers, and academic institutions, aiming to mitigate delays and create a more personalized hiring experience.
Key Features Setting Erekrut Apart:
A standout feature of Erekrut’s platform is its remote pre-hiring assessment tool, designed to identify the best-fit talent for specific job roles. Recruiters can customize pre-employment tests based on their requirements, significantly speeding up the candidate search process. Moreover, Erekrut employs ethical AI and data analytics to evaluate job applications, ensuring bias-free candidate matching and saving hiring teams valuable time.
Impressive Partnerships and Reach:
Erekrut has made significant strides in the industry, partnering with over 1.7K companies, including major players such as Paytm, Zomato, Amazon India, Swiggy, Myntra, and Indigo. With a talent pool exceeding 4.6 million, the startup has also onboarded 700+ academic institutions to facilitate seamless campus recruitment.
Focused Industry Segments:
Erekrut’s impact spans various industry segments, including marketing and advertising, consumer service, human resources, program development, sales, and more. By catering to diverse sectors, the startup has solidified its position as a comprehensive solution for the evolving needs of the job market.
Funding and Future Growth:
In May 2022, Erekrut successfully raised INR 35 crores in its pre-seed funding round, including a noteworthy INR 1 crore infusion from its founders. As part of its ongoing bridge funding round, Erekrut has ambitious plans to secure INR 2.5 crores in the next two months and an additional INR 25 crores in the next six months during its pre-Series A funding round, aiming to scale and grow further.
Conclusion:
Erekrut’s journey from a visionary idea to a thriving HRtech startup showcases the power of innovation in transforming traditional processes. By connecting key players in the recruitment ecosystem, Erekrut is not just changing the game; it’s redefining the rules and setting a new standard for efficiency and inclusivity in the world of hiring. As the startup continues to raise funds and expand its reach, it is undoubtedly a force to be reckoned with in the dynamic landscape of HR technology.