A Cutting-edge GenAI Voice Startup Raising Fund
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Product / Service
A cutting-edge Gen AI Voice Conversation technology, specifically designed for HR-related use cases in the Indian geography.
The company is a cloud-based pre-screening recruitment solution for recruiters and hiring managers. It is an AI-based recruitment solution with calling that assists to map interest-checks and pre-screening interviews with follow-ups and scheduling. Monetizes through subscription-based pricing plans.
The company uses voice AI as a medium to provide services like:
Pre-hire Candidate Engagement
Candidate Fitment Check
Interview Coordination and Notifications
Onboarding Documents & Data Check
Candidate Database Revitalization
The benefits of their services are:
Simultaneous calling at a faster rate, takes 10 times less duration in calling candidates.
Close 5 times more positions with same resources.
With almost zero manual effort in manual calling reduce cost up to 80%.
Get more options of interested candidates.
Pricing of the product is per minute per candidate:
Rs 5 per minute call per candidate
Rs 8 for 2 minutes call per candidate
Rs 5 for 10 minutes call per candidate
Clientele type
Staffing companies, recruitment agents, recruitment teams of mid-size to large size corporations.
They have been providing services in various industries like Automotive & ancillary, BFSI, consumer durables, e-commerce, electricals, FMCG, oil & gas, Information technology, pharma, retail, transportation and logistics to help them hire for entry level, mid level and senior level positions.
Few of their notable clients are Accenture, Adani Power Ltd, Adani green energy, Apollo pharmacy, Asahi India glass, Aditya birla capital, All cargo, Axis bank, Bajaj alliance, CIPLA, Flipkart, Infosys, OLA, Uber, Wipro and more.
Premises
Software corporate office in Ahmedabad
Asking Price Includes
Minimum ticket size per investor is INR 20 Lakhs in this investment round.
Reason
Pre-seed round investment round to work towards revolutionizing the hiring through authentic & empathetic voice conversations
Other Details
The startup has already gained traction with paying Proof of Concepts (POCs) and is generating early revenue. Recruit LLM Launched, 95%+ Classification Accuracy, 2T Token, Base Model, ½ m Conv., 2X Better than ChatGPT & Bard, Daily 50,000 Screeners as of Jan 2024.
Business Tags
₹10 to ₹200 Cr
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Seamless Fundraising/M&A transactions
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