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HR Tech Startup Hiration Raises INR 21 crore to offer AI-Powered Career Platform for Job Seekers

Hiration uses AI to help professionals in creating resumes 4 times faster, which gets them double the shortlists. It has already served over 500,000 customers and more than 75 universities globally

Hiration, an AI-powered career platform that helps professionals create high-impact resumes and find their dream job, has raised INR 21 crore ($3 million) from Prime Venture Partners, Venture Highway, and Y Combinator. Hiration uses AI to help professionals in creating resumes 4 times faster, which gets them double the shortlists. It has already served over 500,000 customers and more than 75 universities globally. The company will use the fresh capital to further develop its product, scale its operations in India and the US and hire across functions.   

Founded in 2017 by Anish Raj Sikka and Aditya Sharma, Hiration leverages technology previously only available to recruiters and puts it into the hands of job seekers. The platform helps qualified candidates write an effective resume that is customized to ensure that it passes through today’s tech-powered candidate review tools and gets in hands of those doing the hiring. While resume writing, optimization, and design are the core of Hiration’s offering, the platform’s customized flow also supports job seekers throughout the different stages of finding a job, including writing cover letters, creating online portfolios, optimizing LinkedIn profiles & comprehensively preparing for interviews.

Aditya Sharma, CTO & co-founder, Hiration in a statement said, “Over the past 3 years, we’ve analyzed millions of job postings and resumes to identify signals that determine whether a candidate is suitable for a job or not. Making sense of data at this scale has only become possible with the recent advancements in natural language processing and deep learning. Using OpenAI’s GPT-3 and other in-house machine learning models, we’ve developed a career assistant that guides job seekers in real-time, while they are crafting their resume or preparing for their interview. As a result, our users end up getting better jobs in less time than they otherwise would have.”

Hiration is currently operational in India and the US and apart from directly helping professionals, the company also works with over 75 leading universities like IIT Madras, Stanford University, Indiana University–Purdue University Indianapolis (IUPUI) and edtech companies like UpGrad, Times Learning, Pearson, Edureka, and others to offer new graduates a leg up in an unpredictable post-pandemic hiring environment. Its technology flips the script on today’s applicant tracking systems, leveraging AI and machine learning to help job seekers build and optimize their resumes to ensure that they rise to the top – providing a crucial differentiator to applicants vying for the most competitive companies and roles. 

In terms of job stickiness, professionals are job-hopping more than ever before. According to a study by LinkedIn, one in three Millennials has had two jobs within the last five years, compared to one in five Gen X respondents. As more millennials enter the workforce, the younger generation is dynamic and there is less willingness to stay in their current jobs for a long period of time. Resumes form a core part of an individual’s professional identity while seeking new jobs. However, resume building is a cumbersome process & often fails to accurately reflect the profile of a job seeker. 

Hiration aims to become a one stop solution for professionals to manage their job search process/careers as well as reduce the effort & time that goes into building a good resume. Over the past 3 years, the startup has analyzed millions of job postings and resumes to identify signals that determine whether a candidate is suitable for a job or not. Using AI and Machine Learning, the company has developed a career assistant that guides job seekers in real time, while they are crafting their resume or preparing for their interview. As a result, the users end up getting better jobs in less time than they otherwise would have. 

Hiration’s platform is available to job seekers in nearly any industry for Rs. 399 for one month or Rs. 899 for one year. For more information on Hiration, to sign up to build your own resume, or to inquire about potential partnerships, visit www.hiration.com. 

Source: Business World

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