Ever since the beta launch of its AI & MindMatch powered Talent Commerce platform earlier this year, SCIKEY has been making a name for itself in the HR Tech space. An Indo-Finnish venture of SRKay Consulting Group, SCIKEY has just gone global by securing funding from Business Finland, the funding arm of the Finnish government.
A Firm of Many Firsts
SCIKEY already has quite a few “firsts” to its name like Intuitive Experience Management Interface, Managed Crowd-Sourcing, AI & MindMatch powered hiring automation, etc., SCIKEY managed another feather in its cap when it became one of the very few global tech startups to be financed by the Finnish government. A new age talent solution firm, SCIKEY provides a Talent Commerce Platform leveraging cutting-edge technology and human psychology to maximize the potential of talented candidates and match them with the most relevant job openings automatically.
Karunjit Kumar Dhir, Co-Founder of SCIKEY mentioned that the company was excited because of the investment from Finland and it was a symbol of their high confidence in SCIKEY’s potential to deliver excellent solutions. He also went on to say that Akshay Sharma, another one of the co-founders will be moving to Finland later the year as part of their long-term commitment and contribution to the innovation ecosystem of Finland.
Futuristic Technologies Improving the Recruitment Process
Mr. Alok Kumar, Managing Partner, SRKay Consulting Group, said, “Research & Development on the futuristic technologies such as Augmented Learning, Emotion Analysis, Simulation & Prediction of Human Behaviour and to create a lot more IPs for SCIKEY, remains the key focus of this investment round. With Finland as its global R&D base, SCIKEY is naturally poised to leverage the world-renowned ‘Finnish Innovation’ ecosystem to deliver the best of the outcomes and experience for its customers as well as users globally. This funding also adds a punch to SCIKEY’s product line that includes SCIKEY Talent Commerce Platform as well as the upcoming Speed Consulting Platform and Talent Engagement Platform.”
AI is completely transforming how Talent Acquisition is done. The Mindmatch algorithm by SCIKEY, for instance, uses AI and psychology and adds a completely new dimension of predicting if a certain human behavior will fit a given job profile. It has a bigger role to play in the field of recruitment in the upcoming days and the companies employing technology in their hiring processes will be more efficient and productive, and will eventually come out as the industry leaders.