Home Funding Recruitment platform Able Jobs raises US$ 1.8M in seed funding 

Recruitment platform Able Jobs raises US$ 1.8M in seed funding 

Indian Startup

Recruitment platform Able Jobs raises US$ 1.8M in seed funding
Recruitment platform Able Jobs raises US$ 1.8M in seed funding

Bengaluru-based startup Able Jobs has raised US$ 1.8M in a seed funding round held in August 2020, from SAIF Partners, Y Combinator, Neeraj Arora (former-WhatsApp executive), Titan Capital and First Cheque.

Proceeds from the round will be used by the startup to enhance product development and increase its headcount. It will also be utilized to build training products for companies to hire talent and foray into adjacent areas like FMCG, BFSI, etc.

Founded in 2019 by Swatantra Kumar, Siddharth Srivatsav and Ravish Agrawal, Able Jobs is a one-stop destination to searching for jobs in Sales, Business Development and Customer support. On top of that, it also provides support to companies to find the right entrant for a particular job and getting talent deployed. The startup is currently working with companies like BYJU’s acquired WhiteHatJr, Bigbasket and Sharechat.

Ravish Agrawal, CEO of Able Jobs said, “Over the past decades’ companies have invested a lot of capital in hiring and training entry-level talent. We, at Able jobs, are focused on solving this by partnering with companies and helping them hire trained professionals with a single click and no upfront investment.” Able Jobs also delivers skill development and e-training courses for young aspirants. The startup’s App provides these e-training programs where they give training prior to deployment to candidates for job roles explicit to companies.

Apart from these services, the startup assists companies in recruiting talent through social mediums, hence giving these companies access to people beyond basic job portals.

Since the onset of the coronavirus pandemic, various companies have been forced to lay-off their employees in order to cut costs and manage the business. But, various e-commerce and logistics establishments have continued hiring people so as to meet the increasing demand for online deliveries.

Deepak Gaur, MD, SAIF Partners India was quoted to say that, “We are extremely thrilled to partner with Ravish and his team who are catering to the flourishing bracket of job-seekers in the country. We are confident that Able Jobs can catalyze the growth and development of the entry-level hiring ecosystem in our country while scaling up efficiently at the same time.”

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Aishwarya writes about the startup ecosystem on VCBay. She is a third-year Computer Science engineering student who looks forward to exploring the world of startups and finance.


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