[Funding alert] JobTech Platform FastJobs.io Raises Pre-seed funding

FastJobs.io, a job-tech platform, has raised an undisclosed sum in a pre-seed round from a group of super angel investors led by Ashish Hemrajani, founder and CEO of BookMyShow, Parikshit Dar, co-founder and director of BookMyShow, Haresh Chawla, founder and CEO of Network18, and Partner, TrueNorth, among others.

Over 30 marquee angel investors and start-up executives including Amit Lakhotia, Founder & CEO, Park+, Yatin Shah, Founder & Joint CEO, IIFL Wealth, Karan Bhagat, Founder, MD & CEO, IIFL Wealth, Sidharth Rao, Co-Founder, Dentsu WebChutney and Co-founder Punt Partners, Sanchit Malik, Founder & CEO, PazCare, Upneet Grover, Founder & CEO, GetMyUni, Bhargav Errangi, Former Senior Director, Flipkart, Rahul Mathur, Founder & CEO, Verak, Rahul Jain, Co-founder and COO, Drum Foods (Epigamia & Hokey Pokey), Ajeet Khurana, Founder & CEO, Reflexical among others, as per reported by Entrepreneur.com.

FastJobs.io, a global Job-Tech platform, was established in February 2022 by Yash Dandavate, Ashish Dogra, and Neelu Virk. It links top businesses and start-ups with qualified candidates worldwide within 7 days.

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Speaking about the investment, Yash Dandavate, Co-founder & CEO, FastJobs.io said, "The Recruiting Industry is a $250 billion market opportunity globally, yet nearly 11 million jobs remain unfulfilled despite numerous hiring softwares available in the market since existing hiring ecosystems remain broken. FastJobs.io aims to transform the recruiting space by plugging this broken system to reduce hiring cost, time and effort, making it an efficient and seamless process for businesses. With experienced and successful entrepreneurs backing us with their experience and funds, we aim to build AI-powered SaaS products that can revolutionise the recruitment space. We are striving towards making FastJobs a global market leader solving for the broken recruitment ecosystems across industries."

Since its beginning less than 8 months ago, Fastjobs.io has successfully matched more than 500 job seekers with over 100 different businesses.

Commenting on his investment, Ashish Hemrajani, Founder & CEO, BookMyShow, said, "FastJobs.io'sly success in using tech to discover and enable talent has been terrific, especially in this environment. Driven by a great founding team led by Yash Dandavate, Ashish Dogra and Neelu Virk, FastJobs.io is on a really cool path to creating impact and I am thrilled to mentor and support them in this journey."

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Fastjobs.io will use the funding collected to develop new SaaS products for Intelligent Recruiting and to expand worldwide throughout the USA and SEA areas. FastHQ.io, a new AI SaaS product from the company, is an intelligent collaborative hiring suite that promises to revolutionise hiring for start-ups in a variety of industries. FastHQ.io offers AI/ML solutions for quicker, more collaborative, and automated hiring processes that are supported by human input to deliver precise tech talent matches within 48 hours.

Speaking about his investment in the firm, Amit Lakhotia, Founder & CEO, Park+ said, "FastJobs.io has not only recognized but also solved for the problems created by the unprecedented shift in the recruitment space and made the best of the opportunities presented in a short span of time. I am confident that fastJobs.io, led by Yash Dandavate, Ashish Dogra and Neelu Virk along with their team, has tremendous potential to transform the recruitment ecosystems and I'm glad to be a part of their journey at this crucial stage."

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About FastJobs.io

The job-tech business FastJobs.io is expanding quickly. Their mission is to create a link between motivated recruiters looking to create outstanding teams and clever job seekers looking for employment. The ambition of finding a fantastic career is no longer a pipe dream thanks to FastJobs India; it is now a realistic objective.