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MyWays.ai has Successfully Generated Rs. 80 Lakhs investment in the seed round, led by Realtime Angel Fund (RTAF)

Reetam Bodhak by Reetam Bodhak
September 1, 2023
in Fashion, News, Recent News, Technology, World News
0

MyWays.ai

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MyWays.ai, an HR tech startup utilizing AI, has recently received a significant investment of INR 80 Lakh in a seed funding round. Realtime Angel Fund (RTAF), a well-known angel fund that focuses on early-stage investments in innovative startups, led this funding. With a strong focus on integrating AI technology into HR, MyWays.ai aims to reshape the HR tech industry. This investment will facilitate the expansion of MyWays.ai’s user base and enhance its offerings to provide a comprehensive software solution supported by dedicated services.

MyWays.ai is leading the way in transforming the HR technology landscape by seamlessly incorporating artificial intelligence. With its state-of-the-art solutions, MyWays.ai has attracted attention and acclaim in the industry. This investment will strategically propel the startup’s growth and improve its ability to deliver innovative HR solutions.

MyWays.ai


“We are proud to have invested in MyWays.ai, an innovative venture steered by the visionary leaders, Samyak Jain and Tanvi Jain. Their pioneering work in the deployment of AI-based solutions is set to streamline the corporate training, hiring, and deployment process, significantly cutting down the timeframes from months to a few weeks. At this exciting juncture, we are elated to empower the future of tech talent transformation through MyWays.ai.”, told by Pranay Mathur, CEO of Realtime Angel Fund (RTAF).

“We are thrilled to welcome Realtime (RTAF) as we enter the next phase of our journey,” stated Samyak Jain, an IIT Delhi alumnus, CEO, and Co-founder of MyWays.ai. He further mentioned that the soft-launch of the Hiring Tool Suite resulted in a significant increase of 4 times in weekly requests for accessing the product. The additional funding will aid us in expanding our user base and enhancing our offerings to provide a comprehensive software solution complemented by dedicated services.”

MyWays.ai has received investment from Real Time Angel Fund, showcasing their commitment to backing innovative startups and fostering positive transformations in the business sector. Through its digitalization of intricate business processes for technology companies, MyWays.ai is playing a pivotal role in propelling India’s progress towards achieving a $1 trillion internet digital economy.

MyWays.ai has recently introduced its Hiring Tool Suite, which is powered by GPT technology. This suite includes Auto-Source, Auto-Screen, and Auto-Evaluate. As of now, MyWays.ai has a vast network of over 110,000 candidates from more than 800 colleges. Additionally, they have served over 150 companies as clients.


In a brief duration of 12 months, RTAF has effectively put their investments in 25 groundbreaking startups, including MyMandi, TransportSimple, Punt Partners, FreshoKartz, MeraTractor, MentorKart, O2Nails, LarkAI, CapitalSetu, and We360. In total, these deals have attracted investments from a group of 300 investors.

These emerging companies are making impressive advancements in their specific fields, taking advantage of RTAF’s distinctive strategy that goes beyond just financial investment. RTAF also provides valuable strategic guidance, and mentorship, and facilitates connections with a wide range of industry experts. This active involvement has played a crucial role in assisting portfolio companies to quicken their progress and reach noteworthy achievements.


What is Realtime Angel Fund (RTAF)?

Realtime Angel Fund, a reputable angel fund registered with SEBI in India, is an expert in investing in early-stage startups that are known for their innovative ideas. The fund is not limited to any specific industry and shows particular interest in sectors like healthtech, fintech, green energy, artificial intelligence, and consumer technology.

By providing startups with capital, mentorship, and operational support, Realtime Angel Fund aims to expedite their growth and create substantial value through partnerships worldwide. This fund has a proven track record of successful investments in high-growth startups, making it a catalyst for innovation and entrepreneurship in India and beyond.

What is MyWays.ai?

MyWays.ai is a cutting-edge platform that utilizes advanced AI technology to revolutionize the hiring industry. By incorporating AI capabilities, MyWays.ai simplifies and automates every step of the recruitment process, including talent identification, screening, interviews, and training. This efficient solution empowers organizations to make well-informed decisions in a streamlined manner, significantly reducing manual workload by up to 90%.

MyWays.ai is a groundbreaking platform that aims to improve the process of identifying, assessing, and utilizing talent. This innovative tool is valuable for entrepreneurs, team leaders, and human resources experts.

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Tags: AICareerCutting Edge technologyfreshersJobMyWays.aiRealtime Angel Fund
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