Top Story

e4m_logo.png

Home >> Digital >> Article

Aasaanjobs raises $5 million in funding from Aspada Advisors, IDG Ventures and Inventus Capital

15-February-2016
Font Size   16
Aasaanjobs raises $5 million in funding from Aspada Advisors, IDG Ventures and Inventus Capital

Online marketplace for recruitment, Aasaanjobs recently raised $5 million in funding led by Aspada Advisors with participation from existing investors. This was a follow-up from the seed round where the platform raised a funding of $1.5 million led by IDG Ventures and Inventus Capital in January 2015. The fresh inflow of capital will help the company realize its mission of taking its HR services on the cloud. This technological edge will pave the way for Aasaanjobs’ expansion into newer geographies.

Talking about the latest round of funding, Dinesh Goel, CEO, Aasaanjobs said, “The company would use the funds to automate its online recruitment marketplace and expand to new cities. The company would set up operations in Pune and Delhi in the first quarter and Bengaluru in the second quarter of 2016.”

Highlighting the reasons behind choosing Aasaanjobs, Kartik Srivatsa, Co- Founder & Managing Partner, Aspada Advisors said, “It will be exciting to see how the team manages to mould a “workplace of the future” by leveraging technology. The unstructured nature of recruitment as a space means there is an opportunity for disruption.”

Aasaanjobs’ unique tech-backed solutions speed up the process of recruitment by connecting perfectly-matched candidates to recruiters. The company operates a marketplace of recruiters who help in effectively addressing the client’s (employer) recruitment needs

Tags

Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

Launches third phase of TVC campaign ‘Think it. Done’

Based in Mumbai, Usha has nearly two decades of experience in the Indian media and entertainment sector and will serve as a strategic advisor to H+K’s diverse portfolio of clients with a special empha...

Report based on media channel data in 96 countries and detailed findings from the world‘s key ad markets, which between them account for approximately two-thirds of the value of global advertising tra...