EdGE Net­works raises $4.5 m from Kalaari Cap­i­tal, Ven­tureast

The Hindu Business Line - - NEWS -

EdGE Net­works, an AI-driven HR tech so­lu­tions com­pany, on Mon­day an­nounced that it has se­cured $4.5 mil­lion in Se­ries A fund­ing led by Kalaari Cap­i­tal with Ven­tureast as co-in­vestor.

The start-up har­nesses Ar­ti­fi­cial In­tel­li­gence (AI) and Data Science to solve the tough­est tal­ent ac­qui­si­tion and work­force op­ti­mi­sa­tion chal­lenges faced by large and mid-sized or­gan­i­sa­tions and has de­liv­ered sig­nif­i­cant cost and ef­fi­ciency ben­e­fits to its en­ter­prise cus­tomers.

Ar­jun Pratap, founder and CEO of EdGE Net­works, said, “We are de­lighted to part­ner with our new in­vestors whose col­lec­tive track-record and ex­pe­ri­ence of build­ing com­pa­nies will be in­valu­able as we work to­gether to build a best-in-class HR tech­nol­ogy com­pany to trans­form work­forces. The fund­ing will al­low us to strengthen our tech­nol­ogy, ex­pand our team and move for­ward to re­alise our global am­bi­tions.”

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.