JobBox Technologies, which runs entry-level talent hiring platform Able Jobs, said it has raised $1.8 million in a seed funding round led by SAIF Partners. Y Combinator, Titan Capital, Firstcheque and former WhatsApp CBO Neeraj Arora also participated in the round.
“Over the past decades, companies have invested a lot of capital in hiring and training entry level talent. We, at Able jobs, are focused on solving this by partnering with companies and helping them hire trained professionals with a single click and no upfront investment,” Agarwal, also the CEO of Able Jobs, said.
The fresh capital will be deployed for product development and hiring purposes, a statement said, adding that the company also plans to build training products and expand to the fast moving consumer goods (FMCG), and banking, financial services and insurance (BFSI) sectors.