Mumbai, India-based job tech platform, FastJobs.io raised an undisclosed amount of funding in a pre-seed round. The company announced the fundraise on November 14, 2022. Super angel investors led the financing for the firm. Ashish Hemrajani, Founder & CEO, BookMyShow; Parikshit Dar, Co-founder & Director, BookMyShow; Haresh Chawla, Founding CEO, Network18 and Partner, TrueNorth, joined in the funding. Meanwhile, the round saw participation from Amit Lakhotia, Founder & CEO, Park+; Yatin Shah, Founder & Joint CEO, IIFL Wealth; Karan Bhagat, Founder, MD & CEO, IIFL Wealth; Sidharth Rao, Co-Founder, Dentsu WebChutney and Co-founder Punt Partners, Sanchit Malik, Founder & CEO, PazCare, Upneet Grover, Founder & CEO, GetMyUni, Bhargav Errangi, Former Senior Director, Flipkart, Rahul Mathur, Founder & CEO, Verak, Rahul Jain, Co-founder and COO, Drum Foods (Epigamia & Hokey Pokey), Ajeet Khurana, Founder & CEO, Reflexical among others.
Purpose of financing for FastJobs.io
With the recent financing, Fastjobs.io intends to expand further internationally across USA and SEA regions. Besides, it seeks to build new SaaS products for Intelligent Recruiting.
The company recently unveiled a new AI-SaaS product named FastHQ.io. It is an intelligent collaborative hiring suite set to revolutionize hiring for start-ups across industries.
What the co-founder has to say
Yash Dandavate, Co-founder & CEO, FastJobs.io said, “The Recruiting Industry is a $250 billion market opportunity globally, yet nearly 11 million jobs remain unfulfilled despite numerous hiring software available in the market since existing hiring ecosystems remain broken. FastJobs.io aims to transform the recruiting space by plugging this broken system to reduce hiring costs, time and effort, making it an efficient and seamless process for businesses. With experienced and successful entrepreneurs backing us with their experience and funds, we aim to build AI-powered SaaS products that can revolutionize the recruitment space. We are striving towards making FastJobs a global market leader solving for the broken recruitment ecosystems across industries.”
What the investors have to say
Ashish Hemrajani, Founder & CEO, BookMyShow, said, “FastJobs.io’sly success in using tech to discover and enable talent has been terrific, especially in this environment. Driven by a great founding team led by Yash Dandavate, Ashish Dogra and Neelu Virk, FastJobs.io is on a really cool path to creating impact, and I am thrilled to mentor and support them in this journey.”
In addition, Amit Lakhotia, Founder & CEO, Park+ said, “FastJobs.io has not only recognized but also solved for the problems created by the unprecedented shift in the recruitment space and made the best of the opportunities presented in a short span of time. I am confident that fastJobs.io, led by Yash Dandavate, Ashish Dogra and Neelu Virk along with their team, has tremendous potential to transform the recruitment ecosystems, and I’m glad to be a part of their journey at this crucial stage.”
About the company
Yash Dandavate, Ashish Dogra and Neelu Virk launched the company in 2022. FastJobs.io is a global Job-Tech platform that connects top companies and start-ups with relevant quality talent across the globe within seven days. Since its inception, the company has placed over 500 professionals with more than 100 companies.
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