OnGrid Buys Reczee
Bengaluru: Background verification startup OnGrid has acquired Reczee, an AI-led recruitment platform, to combine hiring and verification into a single, end-to-end workflow. The companies announced the deal on Thursday, though financial terms were not disclosed.
With the acquisition, OnGrid plans to move background verification earlier in the hiring journey, instead of conducting checks only after a job offer is made. The integration is expected to help employers identify risks sooner and improve trust across the recruitment process.
“Recruitment is where trust begins. Joining OnGrid lets us connect AI-driven hiring with what comes next; onboarding, verification, and long-term workforce accountability via eLockr,” said Raj Patel, founder of Reczee.
Reczee provides an AI-powered recruitment system that handles candidate sourcing, screening, coordination and hiring on a single platform.
Founded in 2016, OnGrid works with more than 4,000 organisations across services such as background verification, identity checks, KYC and KYB. The company claims to have processed over one billion verifications and transactions so far.
“We started out as customers of Reczee, using the platform for hiring at OnGrid, and quickly came to love the product. We’re now genuinely excited about the AI capabilities that Reczee brings to the table and believe this combination will unlock meaningful efficiencies and significantly reduce hiring risk for our clients,” said Piyush Peshwani, co-founder of OnGrid.
Reczee will continue operating with its existing product roadmap, while aligning more closely with OnGrid’s broader workforce infrastructure ecosystem.
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