Other Private Equity/Strategic Investments
HR Tech firm FlexC raises $1-M from FyneHand
Gurugram-based FlexC, an AI-driven talent marketplace, has announced that it has raised over $1 million in Pre-Series funding from FyneHand. As part of the investment, Siddharth Raisurana from Fynehand has joined as a member of FlexC's board of directors. FlexC is an AI-driven talent marketplace for organisations to hire and manage their hybrid workforce. It acts as an uber for recruitment for its 150+ clients through its 200+ agencies and 25K+ professional network. FlexC offers an integrated SaaS platform to engage with agencies, hire talent (full-time, contractual and remote), create milestones, and pay invoices, all at one platform. The company also offers monitoring support to track the performance of the hybrid employees. Managers can track real-time productivity through an interactive dashboard and download performance reports. The company plans to use the funds to accelerate the business horizons, for the expansion of its agency network and industry verticals beyond IT and BPO like consumer tech, BFSI, and retail. It also intends to invest in technology platforms to give a better user experience to its clients and integrate various services including offline video interviews, assessments, BGV, etc to create a complete ecosystem.
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