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How This Bengaluru Startup is Making External Hiring Obsolete
- Spire.ai aims to address the challenges companies face in upskilling their teams and managing talent costs.
- The company's objective is to make organizations resilient in terms of skills and talent readiness for future technological innovations.
- They offer solutions that complement existing systems and enhance efficiency without disruption.
- Spire.ai has developed innovative products like Agent Sigma, Skills AI Copilot, and Continuum.Exchange for skill assessment and development.
- Their technology includes a large graph model with millions of skill nodes across various industries and domains.
- Customers like Cognizant, Tata Communications, Myntra, and Genpact have benefited from Spire.ai's services.
- The company has reduced talent sourcing costs by 30-50% and decreased recruitment time by 20-40% for its clients.
- Spire.ai has shifted focus towards addressing talent supply-side challenges and is set to launch new products.
- With a team size of 100 and plans to add 75-80 more members, the company is expanding rapidly in Europe and the US markets.
- Having secured $13 million in Series A funding and achieving profitability, Spire.ai's growth trajectory remains promising.
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