Details - Information last confirmed on April 28, 2021
HireXtra is the world's first staffing aggregator. Hirextra has reinvented how employers and recruitment agencies work together being a specialised aggregator selling ‘success only services’.
HireXtra operators on a “success fee” deal upon closing a ‘vacant position’, the success fee minimum will be 10% in India and up to 30% in the UK/USA. Around “50%” of the success fee would be shared with the agency recruiter - as HireXtra is a futuristic crowd staffing Aggregator with a cutting-edge marketplace between agency recruiters and employers to achieve a higher efficiency in fulfilling every hiring demand at a Faster Pace.
The AI driven Hirextra platform for talent mining and validation between the recruiter and employer is built around low-cost APIs using mostly open-source tools enabling the platform to be flexible and ensures to keep costs at minimal. We use AI/ML in addition to HIL (Human in Loop) to filter applicants at 5 levels therefore ensuring quality that is never possible with traditional way.
HireXtra’s fully upscaled and functional AI and machine learning focused all in one online marketplace revolutionizes the recruitment process as HireXtra would engage a diverse range of recruiters from all industries. Agency recruiters from small to big gain the added benefit of our all-inclusive recruiter services on demand such as discounted job boards, discounted background services, discounted LinkedIn recruiter licence, discounted application tracking system. Hirextra would eventually get paid by these referrals which is extra value added revenue in addition to service split share.
We are raising $20M as a round (valued £ 77M (3 companies together as a group ) , IP valuation is about £11M) and are looking to close within a few weeks. We received a few term sheets.
Our present large diverse range of globalised well established clients includes Infosys ($78 Billions) HCL Inc ($10 Billions) , Wipro Inc ($9.6 Billions) , Tech M ($5.3 Billions) , Harman(Samsung) $6.9 Billion , Velocity Salesforce $1.1 Billion , GE ($95.21 billions ) and many others such as SMB clients successive Technologies / Nice Tech / Net core.
Hirextra is HRTech 4.0 company
Hirextra most probably first company to have access to 1.2 Billion Passive People data that is web scarped by our partners.
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