The ongoing funding winter is likely to see the consolidation of certain technology verticals as investors return to quality over quantity, leading to a more sustainable investing pace
Draper Associates likes companies that reimagine legacy industries and that take bold bets, says principal investor Siri Srinivas Photo: The ongoing funding winter is likely to see the consolidation of certain technology verticals as investors return to quality over quantity, leading to a more sustainable investing pace
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Erekrut, an online recruitment solution, founded by Mr. Ravinder Goyal and Mr. Ajay Goyal, has announced that their start-up Erekrut has secured pre-seed funding to the tune of $0.4333 million from a Delhi-based angel investor including fresh investment from promoters. The investment would be split and utilized for product development, company expansion, intellectual capital, etc.

Ravinder Goyal, co-founder of Erekrut said, “With a great vision to make the recruitment process quick, easy, and simple while building a robust global hiring platform. We are inclined to serve and provide solutions for recruitment across the sector across the corporate and placement diaspora. In doing so, we shall have the largest repository of documents like question banks, and job descriptions, and connect with various channels for wider reach and things required to hire a candidate in the shortest possible time. In this journey, we aspire to be a Unicorn, but we are more focused on making it a sustainable business in the next 1-2 years down the line.”

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Ajay Goyal, co-founder of Erekrut said; “As we are an online portal and with the advent of the latest technology used in the newer version of Erekrut website, the user interface is designed to accommodate all. We are already shortlisted for Accelerator programs in the US. We have already onboarded Teams with more than 20+ years of relevant industry experience in Sales, Brand Development and Corporate Relations. Once the newer version is launched, we shall pick the Right Communication Channels across. We already have 5-7% of traffic coming from outside India”.

“Our organic & paid advertising marketing using the Power of Social Media will create a ripple effect across the globe”, Ajay further added. 
 

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