- The funding will be allocated towards opening new offices or expanding existing ones in strategic locations. This will enable the company to tap into new markets, access a wider talent pool, and strengthen its regional presence
- By hiring additional talent and expanding its workforce, the company aims to enhance its capabilities to deliver innovative solutions to its clients
InCruiter, a leading interview solution provider, has successfully secured Rs 2 Mn in debt-based funding from the government, under the esteemed Startup India Scheme. After undergoing a rigorous selection process and fulfilling all necessary formalities, InCruiter was selected to receive this funding, which will be instrumental in supporting its ambitious expansion plans.
The funding received by InCruiter will primarily be utilized for location and company expansion initiatives. With a strong focus on growth, the company intends to expand its development team and establish an international team setup. By expanding its reach globally, InCruiter aims to make a significant impact in the HR tech industry and position itself as a key player in the market.
Anil Agarwal, CEO and Co-Founder of InCruiter (IaaS) said, “We are incredibly grateful to the government for choosing us. It will empower us to execute our expansion plans and strengthen our presence in the HR tech industry. With the additional resources at our disposal, we are confident in our ability to accelerate our growth and deliver exceptional value to our clients and stakeholders.”
Over the next six months, InCruiter plans to double its team size through aggressive hiring and increased employee engagement. By attracting top talent and nurturing a collaborative work environment, the company aims to further enhance its innovative capabilities and provide exceptional hiring solutions to its clients.
InCruiter’s expansion efforts will not only contribute to the company’s success but also create new employment opportunities, supporting the government’s vision of fostering entrepreneurship and job creation in the country. The company remains committed to driving innovation, delivering cutting-edge hiring solutions, and contributing to the overall growth of the startup ecosystem in India.
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