Economic Times
The company plans to use the funds on improving its product automation and scaling up its revenue contribution from global markets. ETHRWorld.com
Mumbai Angels, a platform for private investments, has raised $2 million in Pre-Series A round of funding for TurboHire, a recruitment automation platform. The investment was co-led by Pentathlon VC and The Chennai Angels, and also saw participation from T-Fund, Purvansh Holdings, Mumbai Angels, Hyderabad Angels, and global strategic investors Samir Khosla and Francisco Arcilla. ETHRWorld.com
Nandini Mansinghka, Co-Founder and CEO of Mumbai Angels, said,
“With talent recruitment challenges compounding with time, AI automation is the way forward for ensuring the right and speedy placement of candidates for future profitability. We wish TurboHire great success as it endeavours to advance its growth and impact across geographies with fresh funds.” ETHRWorld.com
Deepak Agrawal, Co-Founder and CEO of TurboHire, said,
“When it comes to Recruitment Automation, we do not focus on what has been done by others so far, rather we focus on redefining What’s Possible.” ETHRWorld.com
“The team at TurboHire works every day on creating the future and this round is a testament to the investors’ belief that TurboHire is on its way to build and lead the Recruitment Automation Software category, globally.” ETHRWorld.com
Founded in 2019, TurboHire is a recruitment automation platform that combines resume intelligence, recruitment automation, and workflows in an easy-to-use user interface. The startup was co-founded by Deepak Agrawal (CEO), Aman Gour (CRO), Abhishek Kabra (CTO), Gaurav Kumar (VP – Engineering), and Rakesh Nayak (VP – Engineering).
