RiseBird Raises Rs 4.1 Cr From SAB Holdings
- ByAyushi Ray | July 20, 2021
HR Tech Startup, RiseBird raises Rs 4.1 Cr from SAB Holdings. RiseBird is also part of the Microsoft Startup programme, and hence received Rs 1 crore worth of Azure credits. They generally offer a video interviewing platform and a marketplace of technology experts as live interviewers. It uses video and audio analysis of the interview to predict the sentiment of the candidate, and combined with the interviewer assessment, provides an interview report making it easier for clients to hire people. Besides, they help the client by providing pre/post interview support like intelligent scheduling, automatic coordination, video sharing, and recruitment funnel analytics, and clients view it as a full-stack talent assessment partner.
Ashutosh Seth, Founder and CEO of RiseBird, spoke on the development of the app and said, “We will be using these funds to strengthen our interviewers’ network, build scientifically tested assessment libraries, further automate our full-stack video interview platform, and expand our customer base. Our vision is to replace resumes with expert-verified video interviews and to bring 100 percent accuracy in hiring decisions.” To date, RiseBird has completed over 10,000 verified video interviews using over 2,500 verified interviewers for companies, including Mphasis, UST, Global Logic, Cyient, etc.Anjali Bansal of SAB Holdings and Founder of Avaana Capital said, “RiseBird is redefining the talent assessment process as companies build global technology teams, and their product and service offerings are absolutely world-class. A video first approach and scientific assessment models will result in faster and more accurate hiring decisions.”
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