2019
Namakkal
Seed
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.
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.
$31.6K
2
$31.6K, Seed
as of July 7, 2022
$2.77Million
as of September 27, 2022
-
as of N/A
STPI
and 2 more33
WorkIndia
No Exits
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| July 7, 2022 | Seed | $31.6K | $2.77Million | $44.9K | 63.0x | STPI |