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Stock impact report

Why Kula Believes AI Can Change The Face Of Recruitment Forever [Forbes]

Freshworks Inc. (FRSH) 
Last freshworks inc. earnings: 3/14 04:05 pm Check Earnings Report
Company Research Source: Forbes
Kula believes it can – the Singaporean start-up is this week launching an “all-in-one hiring platform” with AI tools built in that will do everything from sorting through job applications to providing feedback on candidates' interviews. Forbes first featured Kula in 2022, breaking the news of a $12 million funding round for the start-up. Since then, the company has more than doubled in size and grown its revenues year-on-year by an average of 70%. Now Achuthanand Ravi, the co-founder and CEO of the company believes many organisations are looking for additional functionality from recruitment software. “The balance of power in the labour market has shifted over the past two years,” Ravi says. “It's now much more of an employers' market, with a better supply of candidates for each role; one result is that companies need more help to deal with the flow of applications they are receiving.” Many companies believe AI can provide that help. Research published earlier this year by Linked Show less Read more
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