CareerLabs raises $2.2 million in funding led by Rocket Internet’s VC fund

CareerLabs has raised $2.2 million in funding led by Global Founders Capital, Rocket Internet’s VC fund.

Toshan Tamhane, chief digital officer at UPL, Ajit Isaac, founder chairman of QuessCorp, Rohit Kale, managing director at Spencer Stuart, Ghanshyam Dass, former MD (Asia Pacific & Middle East), Nasdaq, Abhishek Nag, director of business development (India & South Asia), Netflix also participated in the funding round.

“We are investing in building the right machine learning models with the focus on identifying the right career tracks for students and incorporating right engagement activities resulting in successful outcomes for students,” said CEO PN Santosh.

Partner at Global Founders Capital – Roel added, “We are highly impressed by Santosh and the CareerLabs team and love their passion to create a better end-to-end solution for career discovery, skilling and recruitment. We’re convinced that they will have a significant impact on the lives of millions of graduates in India in the years to come, and are proud to be part of their journey.”

Since its inception in 2019, CareerLabs claims to have garnered the trust of thousands of college students & young working professionals, becoming the go-to place for all their career needs. Envisioning to empower 1 million undergraduates craft the careers of their choosing, it offer a varietys of preparatory programs for national & international entrance exams and admissions consulting services for graduate & business schools, both abroad and in India.

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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