Kaigal

Kaigal

Provider of recuritment services for multiple sector

Founded

2019

Headquarters

Namakkal

Status

Seed

Company Details

Website

Socials

Email

Phone

+91 - 9150502642

Kaigal operates as a tech-driven platform specializing in blue-collar and entry-level job matching across India, focusing on hyperlocal, vernacular recruitment for MSMEs.

Core Products and Services

  • Hyperlocal Job Matching Platform: A technology-driven recruitment solution specialized in connecting blue-collar, grey-collar, and entry-level workers with MSME employers.

  • Social Recruitment Engine: Aggregates candidates primarily through social media channels (WhatsApp, Facebook, Telegram) rather than traditional resume-based portals, catering to non-digitally native users.

  • Vernacular AI Chatbots: Utilizes multilingual chatbots to interact with job seekers in their local languages for profile creation, job alerts, and initial screening.

  • Assisted Recruitment Services: Provides end-to-end hiring support for employers, including candidate sourcing, screening, and interview coordination to bridge the gap for workforce segments lacking formal resumes.

Business Model and Revenue Streams

  • Commission-Based Revenue Model: Operates on a pay-per-performance model where the company charges employers a "success fee" or commission only after a candidate is successfully hired.

  • Transactional Pricing: Fees are typically structured as a one-time payment per hire (e.g., starting from ₹1,000 per candidate), making it cost-effective for small businesses compared to subscription-based job boards.

  • Two-Sided Marketplace: Functions as a marketplace that monetizes the demand side (employers/MSMEs) while remaining completely free for the supply side (job seekers) to remove entry barriers for the low-income workforce.

Key People

Bala Sundararajan

Key Metrics

Total Equity Funding

$31.6K

No. of Funding Rounds

2

Latest Funding Round

$31.6K, Seed

as of July 7, 2022

Post Money Valuation

$2.77Million

as of September 27, 2022

Funding Multiple

-

as of N/A

Investors

STPI

and 2 more

Employee Count

33

Similar Companies

WorkIndia

Exit Details

No Exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
July 7, 2022Seed$31.6K$2.77Million$44.9K63.0x STPI

Recent News