AI video bot platform Expertrons raises seed funding

AI video bot platform Expertrons raises seed funding
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30 Apr, 2020

Expertrons Technologies, which runs an eponymous artificial intelligence (AI) enabled video bot platform for career management, has raised an undisclosed amount from Iceland Venture Studio, LetsVenture, Samyakth Capital and a clutch of angel investors.

The seed-stage investment also saw participation from Sixth Sense Venture managing director Nikhil Vora, Sarcha Advisors partner Rohit Chanana, OTO Capital co-founder Sumit Chhazed and ClickIPO president Sukanta Ganguly, according to a company statement on Thursday.

The Mumbai-based company plans to use the fresh capital on technology and to expand its product offerings. It is also developing use cases of its AI video bot technology to drive sales, clear customer queries, generate leads and even internal training for organisations, apart from the primary career guidance application, the statement added.

Expertrons’ platform provides expert videos of people who have landed their dream career, in ways of jobs, internships or university admissions. Aspirants, who are users of the platform, can get connected to AI recommended experts and also get hired through a referral. Experts get an earning opportunity through one-on-one paid consultations and referrals.

The platform has a library of over 12,000 minutes of interview experiences and career hacks from over 550 experts from IIT Bombay and has managed to reach over 40,000 aspirants. The experts on the platform are associated with firms such as Mastercard, BCG, Google, Goldman Sachs, JP Morgan, Pepsi and One Plus among others, and business schools such as IIMs, ISB and Harvard.

“Expertrons is essentially Netflix for career hacks. We founded it with the vision to reimagining career decisions for the 1.87 billion professionals globally who change their careers 5 to 7 times in their lifetime,” Vivek Gupta, co-founder of Expertrons said.

Expertrons uses a deep tech AI recommendation engine based on numerous data points, which then personalizes the best-suited experts and career options for aspirants, co-founder Jatin Solanki added.

The Mumbai based startup was founded in 2019 by IIT Bombay alumni Gupta and Solanki, batchmates and second-time entrepreneurs. While Solanki’s previous venture was gamified learning platform StepAppEduisfun, Gupta’s was a test preparation company Plancess.

“Expertrons is solving a relevant problem. It’s a space that is very fragmented where every aspirant would like to do better professionally. Expertrons bring consolidation to the same in an innovative way that has the potential to go extremely viral. And the cherry on the cake is a strong team with both founders having run large organizations previously,”  serial investor Vora said. Vora investments include the likes of Paytm, Bewakoof.com, and Purplle.