InterviewVector (IV), an interview-as-a-service (IaaS) platform for on-demand technical interviewing panels has raised an undisclosed amount of seed funding led by Titan Capital and saw participation from First Cheque, Haresh Chawla, Vijay Aggarwal, Varun Alagh, and others. The funds will be used to double down on building tech capabilities on the platform and investing in hiring across technology and business roles to establish a deeper foothold across India.
InterviewVector founded in 2020 during the pandemic by the sibling duo, Aashish Mittal and Sachin Mittal to solve the problem faced by taking an interview in an organization. Companies spend millions of dollars and time hiring the right tech talent. Their platform connects organizations to on-demand pre-vetted interviewing panels which provide better flexibility & scale to schedule interviews. It offers the best candidate interview experience, bias-free fresh external perspective for hiring while maintaining accuracy and efficiency.
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“InterviewVector is well-positioned to address a problem in the market – Hiring engineers without having to spend hours on shortlisting and interviewing quality candidates. InterviewVector is disrupting the hiring process and we are confident it will emerge as a winner in this space,” said Kushal Bhagia, CEO, First Cheque in a statement.
“We can clearly see tech teams of almost all companies wasting their precious time in filtering CVs and shortlisting candidates for final round interview. Interviewvector is solving this by creating a pool of tech experts doing this filtration for these tech companies at a minimal cost and saving time of tech teams who are generally very busy in building innovative products and always overburdened,” said Bipin Shah, Partner at Titan Capital, in a statement.
InterviewVector’s vision is to build a global platform to solve the hiring challenges faced by small companies and enterprises alike. The platform is already on the track to hit a $1 million Average Rate Of Return (ARR) within the next couple of months. Currently, the platform has partnered with BharatPe, MindTickle, Trell, Syfe, PagarBook, IndiaGold, and 50 startups. The company assures a 100% conversion and retention rate. It has already saved 6000 engineering hours for its customers.
