Able Jobs, a Bengaluru-based startup that helps companies get entry-level non-tech deployable talent, announced that it has raised $1.8 million in a seed funding round led by SAIF Partners, according to an ETtech report.
Other investors that participated in the funding round include Silicon Valley-based startup incubator Y Combinator, Snapdeal founders Kunal Bahl and Rohit Bansal’s Titan Capital, former WhatsApp senior executive Neeraj Arora and early-stage fund Firstcheque.
The company will use the funds to build training products for companies and expand to adjacent sectors like fast-moving consumer goods (FMCG) and banking, financial services, and insurance (BFSI) among others. The capital will also be used to invest in product growth and expansion of its team.
Founded in 2019, Able Jobs helps companies hire entry-level trained professionals in sales, support, and marketing functions, by providing them with end-to-end support, right from finding relevant candidates to training them and later deploying them.
Also, the startup pre-trains candidates with free vocational courses customised for job roles specific to their client needs.
“The idea is to help companies hire deployable talent. In these courses, we talk about the company, their product offerings along with sales or support modules based on the function. For instance, in the sales module, we will teach candidates the basics of sales along with providing interview tips,” Able Jobs Chief Executive Ravish Agrawal.
After training, companies interview these candidates and hire them as per their job requirements. Able Jobs charges one month of the candidate’s salary on every successful hire. The startup has BigBasket, Zeta, Sharechat, Nobroker, Toppr, and WhiteHat Jr among its clients.
“With the rising needs of such platforms in a post-Covid-19 job market, we are confident that Able Jobs can catalyse the growth and development of the entry-level hiring ecosystem in our country while scaling up efficiently at the same time,” said Deepak Gaur, MD, SAIF Partners.
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