Job-Tech Platform FastJobs.io Raises Undisclosed Amount In Pre-seed Round From Super Angel Investors
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Job-Tech platform FastJobs.io has raised an undisclosed amount in a pre-seed round from a clutch of super angel investors led by Ashish Hemrajani, Founder & CEO, BookMyShow, Parikshit Dar, Co-founder & Director, BookMyShow, Haresh Chawla Founding CEO, Network18 and Partner, TrueNorth along with other angel investors.
Yash Dogra and Ashish Dandavate
Over 30 marquee angel investors and start-up executives including 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.
Co-founded in February 2022 by Yash Dandavate, Co-founder & CEO (alumnus of London Business School) along with Co-founder and CTO Ashish Dogra (alumnus of IIT Roorkee) and Neelu Virk, Co-founder and Chief People Officer, FastJobs.io is a global Job-Tech platform that brings connects top companies and start-ups with relevant quality talent across the globe within 7 days.
Fastjobs.io has placed more 500 job-seekers at 100+ companies in less than eight months since its inception. Fastjobs.io already has a positive EBITDA after delivering jobs worth more than Rs 30 crore in a short time. Fastjobs.io is currently solving the hiring problem for more than 100 top start-ups such as Khatabook and Scaler Academy, NoBroker and TrulyMadly, as well as leading enterprise SaaS organizations.
Fastjobs.io will make use of the funds to expand internationally in USA and SEA as well as build new SaaS products that enable Intelligent Recruiting. FastHQ.io is an intelligent, collaborative and innovative SaaS product that will revolutionize the way start-ups hire. FastHQ.io is an AI/ML solution that enables faster, collaborative, and automated hiring. This allows for accurate tech talent matches to be provided within 48 hours.
You will find features such as job campaigns, gamified Pipe Management System, collaborative Hiring Space, candidate Engagement, and Pay-Per-Credit Prospects. FastHQ.io Companies can receive pre-screened prospects that have been thoroughly vetted in over 20 areas within 48 hours. This cuts down on both time and cost.
Speaking about the investment, 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 softwares available in the market since existing hiring ecosystems remain broken. FastJobs.io is a company that aims to change the recruitment industry by addressing this problem to make it more efficient, cost-effective, and easier for employers. We are supported by successful entrepreneurs and have access to funds. Our goal is to develop AI-powered SaaS solutions that revolutionize the recruitment industry. FastJobs will be the global market leader in solving broken industries’ recruitment ecosystems.
Commenting on his investment, Ashish Hemrajani, Founder & CEO, BookMyShow, “FastJobs.io’s early success in using technology to enable and discover talent has been remarkable, especially in this context,” said Neelu Viirk. FastJobs.io has a great team of founders, including Neelu Virk and Ashish Dogra. They are on a fantastic path to impact, and I am delighted to mentor them.
Speaking about his investment in the firm, Amit Lakhotia, Founder & CEO, Park+ “FastJobs.io not only recognized, but also solved, the problems caused by the unprecedented shifts in the recruitment industry and made the most of the opportunities available in a short time span,” said Neelu Virk. FastJobs.io’s leadership team of Yash Dandavate Ashish Dogra, Neelu Virk, and their team has the potential to transform the recruitment industry. I am proud to have been a part this important stage.
FastJobs.io aims to solve core recruitment issues such as lead sourcing, prospecting and broken hiring system for employers. They also aim to bridge the gap between unfulfilled white-collar jobseekers and high volumes of job seekers.