Hyperhire receives investments equaling $200k

Business-to-business HR solutions startup, Hyperhire, has gotten $200,000 worth of investments with participation from Springcamp, a Korean early-stage venture capital firm. Hyperhire, which works with AI technology to help find candidates for profiles, will use the funding to launch its JOBKET in India.

Hyperhire, a B2B HR solutions platform has received 200k USD worth investments as seed funding Seoul based early-stage venture capital firm Springcamp. The startup, which leverages Artificial Intelligence to identify most appropriate candidates for the relevant profiles, will use the funding to launch JOBKET in India.

JOBKET is a unique job platform that brings out the concept of referrals in the HR process. The concept of referrals is much trusted for years to source quality profiles for companies offering the most suited opportunities for candidates. The company is also set to announce their series A funding in the coming months.

The newly launched platform will allow users to access various handpicked job descriptions from renowned companies, basis which they can either self-apply or recommend their colleagues/friends who may have great talent but are unaware of a great opportunity.

These ‘referrals’ are designed to be dealt with complete sanctity of offering rewards to those whose recommendations make it to the hiring. Depending on the stature of the Job Profile, users on the site for their referrals can enjoy rewards worth Rs 20,000 – Rs 1,00,000 if their referred candidate makes it to the company.

Speaking about the development, Mr Daniel Mingi Kim, CEO, Hyperhire said “Machine learning is a boom and a blessing, but its true magic can be seen when combined with Human learning and intelligence. Together the evolution beats all odds and makes success the only output. We at Hyperhire realize that and are here to source the best from the available pool of talent and scout for new ones.”

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