CredoHire

Gurugram, India Founded: 2022 • Age: 4 yrs Minicorn
Cloud-based HRMS solutions are provided for enterprise recruitment and management.

About CredoHire

CredoHire is a company based in Gurugram (India) founded in 2022 by Maneesh Dindhoria, Abhishek K, and Himanshu Kumar. CredoHire has raised $53.7 thousand across 1 funding round from investors including Pontaq, Hemantshahca and Abhijit Ingle. The company has 1 employees. CredoHire operates in a competitive market with competitors including Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, among others.

  • Headquarter Gurugram, India
  • Employees 1
  • Founders Maneesh Dindhoria, Abhishek K, Himanshu Kumar
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website credohire.ai
  • Social LinkedIn X Facebook Instagram
  • Legal Name Hypernova Analytics Services Private Limited
  • Date of Incorporation 17 Jan, 2022
  • Jurisdiction Gurgaon, Haryana, India
Key Metrics
  • Annual Revenue
    ₹2.9 Lakh

    FY 2024 · -82% YoY

  • Net Loss
    -₹23.1 Lakh

    FY 2024 · -787% margin

  • EBITDA
    -₹22.6 Lakh

    FY 2024 · -771% margin

  • Total Equity Funding
    $53.7K (USD)

    in 1 rounds

  • Latest Funding Round
    $53.7K (USD), Seed

    Sep 2024

  • Investors
    Pontaq

    & 7 more

  • Employee Count
    1

Funding Insights of CredoHire

CredoHire has successfully raised a total of $53.7K through 1 strategic funding round. The most recent funding activity was a Seed round of $53.7 thousand completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $53,697
  • Total Rounds 1
  • Last Round Seed β€” $53,697
  • First Round $53,697

    (Sep 2024)

  • Investors Count 8

All 1 funding rounds of CredoHire with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2024$53,697Seed$2.21MPontaq
Valuation history
DateValuationStage
Sep 2024$2.21Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.21M (Sep 2024). 8 investors in total: 3 institutional and 5 angel.

Investors in CredoHire

CredoHire has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Pontaq, Hemantshahca and Abhijit Ingle.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on UK-India innovation corridor and technology transfer.
2015pontaq.vcLondon, United Kingdom
BIORx is engaged in providing strategic financial advisory and investment solutions.
–biorx.inNoida, India

Abhijit Ingle

-
–unknown_d26b7a69b14846ea9-

Sivagami Subramanian Nambi

-
–unknown_17c25600824b4fa6b-

Elroy Fernandes

Angel investor and entrepreneur, focused on early-stage Indian startups.
–unknown_d525e8a4614f4a209-

Krunal Chintey

-
–unknown_82ff40efd615473ca-

Jeanie Chandra

-
–unknown_9b32b7c582e642298-
-
–hemantshahca.com-
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Investor details for CredoHire

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Board of directors of Hypernova Analytics Services Private Limited (CredoHire)

Hypernova Analytics Services Private Limited is the primary company behind CredoHire. The board of Hypernova Analytics Services Private Limited currently have 2 directors; the longest-serving is Himanshu Kumar, appointed in 2022. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Himanshu Kumar
DIN 09350715
Director17 Jan 20224 yrs 8 moHypernova Analytics Services Private Limited
Maneesh Dindhoria
DIN 10060434
Director13 Mar 20233 yrs 6 moHypernova Analytics Services Private Limited

People of CredoHire

3 people are tracked at CredoHire (3 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-FounderLeadership
Abhishek K
Co-Founder & COOLeadership
Co-Founder & CEOLeadership
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Complete people profiles for CredoHire

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Financials of CredoHire

Figures of Hypernova Analytics Services Private Limited, the primary company behind CredoHire, for FY 2024. Revenue was ₹2.9 Lakh (-82% year on year). Net loss was -₹23.1 Lakh (-787% margin). EBITDA was -₹22.6 Lakh (-771% margin).

  • ₹2.9 LakhRevenue · FY 2024 · -82% YoY
  • -₹23.1 LakhNet loss · -787% margin
  • -₹22.6 LakhEBITDA · -771% margin
  • ₹6.2 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Hypernova Analytics Services Private Limited are on its company page.

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Detailed financial statements for CredoHire

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  • Downloads

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Timeline of CredoHire

3 dated milestones of CredoHire across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded CredoHire is founded.
  2. Funding First funding round of $54K.
  3. Milestone Reaches Minicorn status.

Competitors of CredoHire

CredoHire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
phenom.com2010Ambler, United States$169.42M797
Talent experience management platforms are provided for engagement and recruitment.
eightfold.ai2016Santa Clara, United States$396.7M283
An AI platform is provided for talent acquisition and management.
smartrecruiters.com2010San Francisco, United States$225.01M–
Cloud-based ATS and hiring platform services are provided.
icims.com2000Holmdel, United States$93.46M–
Talent acquisition software is provided by iCIMS since 2000.
hirevue.com2004South Jordan, United States$93.4M356
A video interview platform is operated by HireVue since 2004.
greenhouse.com2012New York, United States$110.5M677
Cloud-based applicant tracking solutions are offered for candidate hiring.
brainshark.com1999Waltham, United States$20.9M314
SaaS-based sales-enablement platform for training and coaching is provided.
hireology.com2010Chicago, United States$53.46M169
Cloud-based ATS suite offered for small and medium businesses.
jazzhr.com2009Pittsburgh, United States$41.77M108
Cloud-based applicant tracking and recruitment tools are provided.
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Detailed competitors of CredoHire

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  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Latest news on Credohire

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Complete news archive for CredoHire

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Similar companies to CredoHire

10 companies that operate in the same segment as CredoHire (Chatbots), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based omnichannel communication and customer engagement platform is utilized.
2008San Francisco, California, United StatesUSD 239.77 MUSD 5.07 B5,540
Cloud-based business process management suite solutions are delivered.
2010San Mateo, California, United StatesUSD 872.56 MUSD 838.81 M4,400
AI-based conversational solutions are provided for user interactions and learning.
2021Menlo Park, California, United StatesUSD 193 M––
Cloud-based unified communication solutions including voice and video are provided.
2011San Ramon, California, United StatesUSD 475.91 MUSD 4.12 M110
Cloud and AI-based chatbots for personal finance management are offered.
2015London, England, United KingdomUSD 175.49 M––
Provider of AI and cloud based contact center suite solutions
2001San Ramon, California, United StatesUSD 84.1 MUSD 1.15 B3,070
Provider of customer communications management platform
2008Stockholm, SwedenUSD 12 MUSD 2.94 B4,080
Conversational AI platform is provided for digital customer experiences.
1995New York, New York, United States–USD 312.47 M928
Cloud based platform for employee communication
2016Mountain View, California, United StatesUSD 305 MUSD 2.49 M57
AI-powered conversation intelligence and automation are provided for contact centers.
2017Redwood City, California, United StatesUSD 213.35 MUSD 10.89 M145
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Frequently Asked Questions about CredoHire

CredoHire was founded in 2022 and raised its 1st funding round 2 years after it was founded.

CredoHire is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Himanshu Kumar is the current CEO of CredoHire. They have also founded this company.

CredoHire is a funded company, having raised a total of $53.7K across 1 funding round to date. The company's 1st funding round was a Seed of $53.7K, raised on Sep 2024.

CredoHire has 1 employees.

The primary company behind CredoHire, Hypernova Analytics Services Private Limited, reported revenue of β‚Ή2.9 Lakh for FY 2024, down 82% year on year.

Founded in 2022 and based in Gurugram, India, CredoHire operates in the HR technology sector. A cloud-based HRMS suite is offered to enterprises, featuring a recruitment platform that employs CV scoring and rating systems. Candidates are sourced through B2B channels, with machine learning models and AI algorithms applied to profile and assessment data for verified CV generation. A job board and career guidance platform are also maintained.

CredoHire's top competitors include Phenom, Eightfold and Greenhouse.

CredoHire has 8 investors. Key investors include Pontaq, Hemantshahca, Abhijit Ingle, BIORx, and Sivagami Subramanian Nambi.

The valuation of CredoHire is $2.21M as of Sep 2024.

CredoHire operates through Hypernova Analytics Services Private Limited.

The legal entities of CredoHire currently have 2 directors, including Himanshu Kumar, Maneesh Dindhoria.

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