Debt financing
HR-tech startup InCruiter raises Rs.1-Cr from Recur Club
Bengaluru-based video interview solutions startup InCruiter has raised INR 1 crore in revenue-based funding led by Recur Club. Founded in 2018, InCruiter claims to have conducted about 50,000 interviews and engaged over 2,200 interviewers. The startup will use this capital to promote its services in the US, Canada and Dubai expand in new geographies. It will also recruit talent across tech and sales. It has generated a revenue of USD 250,000 in FY20-21 during pandemic and has crossed USD 1 million in FY22. The company is planning to generate a revenue of over $5 million in the next one year.
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