Chennai: CBREX, a global recruiter exchange which connects companies to recruitment agencies announced that it has raised $1.1 million as equity funding. The money has been raised from a few Indian high net worth investors.
CBREX is a tech platform that uses machine learning to connect jobs to vendors and helps a company hire anyone, anywhere. According to a press release, the platform is currently being used by employers across 17 countries with around 5000 recruiters to hire talent across experience levels and domains.
Chief executive and co-founder, CBREX Gautam Sinha said, “The amount raised will be assigned for accelerating and expanding our sales in the US which is the leading market for CBREX. The company plans to appoint resellers, senior salespeople and senior management in the US and other international markets like Europe, Japan, Southeast Asia including India.”