FastJobs.io, a jobtech platform, has raised an unknown sum in a pre-seed round from a group of angel investors, including Ashish Hemrajani, founder and CEO of BookMyShow, Parikshit Dar, co-founder and director of BookMyShow, Haresh Chawla, founder and CEO of Network18, and Partner at TrueNorth.
FastJobs.io is a global jobtech platform that connects top companies and startups with relevant, quality talent worldwide within seven days. It was co-founded in February 2022 by Yash Dandavate, Co-Founder and CEO (alumnus of London Business School), Ashish Dogra, Co-Founder and CTO (alumnus of IIT Roorkee), and Neelu Virk, Co-Founder and Chief People Officer.
Fastjobs.io says that it has connected more than 500 job seekers with more than 100 companies in less than eight months since its inception. Fastjobs.io has already achieved positive EBITDA after delivering jobs worth more than Rs 30 crore in this brief period. The job-tech platform currently solves hiring for over 100 top companies, including enterprise SaaS companies and startups like Khatabook, Scaler Academy, NoBroker, and TrulyMadly.
Fastjobs.io will use the funds raised to develop new SaaS products for Intelligent Recruiting and to expand worldwide throughout the USA and SEA regions.
Speaking about the investment, FastJobs.io Co-Founder & CEO Yash Dandavate said, “The recruitment industry is a $250 billion market opportunity globally, yet around 11 million jobs remain unfilled despite the abundance of recruitment software available in the market from the existing hiring ecosystem. Stay tuned. FastJobs.io aims to transform the recruitment space by plugging these broken systems to reduce recruitment costs, time and effort, making it an efficient and seamless process for businesses. Experienced and successful entrepreneurs support us with their experience and funding. We aim to create AI-powered SaaS products that can revolutionize recruitment. We strive to build FastJobs into a global market leader, solving the broken recruitment ecosystem across industries.”
