Prosus Ventures invests $5M in Qureos
Prosus Ventures has invested $5 million in Qureos, an AI-driven hiring platform. Qureos focuses on automating candidate sourcing and matching to reduce time-to-hire. The investment signals continued investor appetite for HR tech platforms that leverage AI for recruitment and workforce analytics.
- This $5 million seed round brings Qureos's total funding to over $8 million, following a $3 million round in April 2022. The new capital is earmarked for enhancing its AI capabilities and accelerating geographic expansion through enterprise and agency partnerships. - Qureos was founded in the UAE in 2021 by Alexander Epure, Usama Nini, and Mehrad Yaghmai. Epure and Nini previously worked at the mobility startup Swvl, with Epure serving as a Sales Director and Nini as an Entrepreneur in Residence leading global expansions. - The platform's AI assistant, named Iris, automates sourcing by posting to over 2,000 job boards, screens candidates with AI-powered tools, and handles personalized outreach. For hiring managers, it offers features like a customizable Applicant Tracking System (ATS), AI video interviews, and the ability to import existing candidate databases. - Lead investor Prosus Ventures is the venture arm of Prosus, which has a strategic focus on building e-commerce ecosystems in markets including India. In fiscal year 2025, Prosus Ventures invested over $400 million across more than 40 deals, with $88 million specifically targeting AI-related companies. - Other investors in the round include the MENA-focused Oryx Fund by Salica Investments, Oraseya Capital, and Daniel Tyre, an early executive who helped scale HubSpot through its IPO. - The investment comes as the recruitment software market in India reached $81.6 million in 2025 and is projected to grow to $122.9 million by 2034. A key trend driving this is AI adoption, with 93% of Indian hiring managers finding it acceptable for candidates to use generative AI in their applications. - Qureos reports that its unified system can reduce hiring timelines from months to as few as six days and has been adopted by teams within more than 1,000 enterprise and public sector organizations, including Qatar Airways and Dubai Economy and Tourism.
