TurboHire raises $2M in pre-Series A round

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TurboHire raises $2M in pre-Series A round
TurboHire raises $2M in pre-Series A round

Besides the funding, TurboHire will also receive mentorship from industry stalwarts such as Jayesh Ranjan (Principal Secretary Industries and Commerce, IT – Telangana Government), BVR Mohan Reddy (Founder and CEO, CYIENT), Taj Haslani (Founder, ApTask), Leela Kaza (Founder and CEO, Accolite), and N Maran (CEO, KaarTech) for the company’s global go-to-market strategies

TurboHire, an AI-powered recruitment automation platform, raised $2 million in a pre-Series A round co-led by Pentathlon Venture Capital and The Chennai Angels. Telangana Fund, Purvansh Holdings, and the Mumbai Angels and Hyderabad Angels, with Samir Khosla and Francisco Arcilla, participated as global strategic investors.

Founded in 2019, TurboHire is an AI-powered recruitment automation platform that enables intelligent and on-the-go decisions among candidates, recruiters, interviewers, and approvers, reducing cost-to-hire by 65% and time-to-hire by 78%.

For TurboHire, the funding round comes as a timely push to springboard their growth and expansion plans. Besides the funding, TurboHire will also receive mentorship from industry stalwarts such as Jayesh Ranjan (Principal Secretary Industries and Commerce, IT – Telangana Government), BVR Mohan Reddy (Founder and CEO, CYIENT), Taj Haslani (Founder, ApTask), Leela Kaza (Founder and CEO, Accolite), and N Maran (CEO, KaarTech) for the company’s global go-to-market strategies, as per reported by YourStory.

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