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Hiring ​platform Spottabl ​raises​ Rs 3.5 crores in seed ​round

SaaS-enabled full-stack hiring platform Spottabl has announced that it has raised a seed round of Rs. 3.5 crores, said a statement issued today.

The round saw participation from Paradigm Shift VC Binny Bansal, co-founder of Flipkart and xto10x, LetsVenture, and few former top executives from Flipkart like Mekin Maheshwari, founder Udhyam.org, Rishi Vasudev, co-founder G.O.A.T Brand Labs, Anil Goteti, co-founder Protonn, and Nishant Verman, co-founder Bzaar.
The company was bootstrapped prior to raising its maiden seed round. Spottabl was founded in 2020 by recruitment leader Vanishri Deshpande (cofounder and CEO), who earlier worked with Flipkart, Nexus Venture Partners and Practo, etc, and Satheesh KV (co-founder and COO) who earlier worked with Flipkart as a senior director of HR prior to joining xto10x as GM – pPeople excellence, along with Anupam Choudhari (co-founder tech and product) who had earlier worked with recruitment AI startup EDGE Networks.

The company will utilise the funds towards building a scalable self-serve product and start growth initiatives for capturing recruiter agency supply.

More than 100,000 fast-growing tech companies and enterprises are looking to hire top talent quickly for which they access specialised recruiters and agencies that recruit globally – the entire hiring chain is currently in an unorganised state. With the rapidly growing talent demand in the ecosystem, companies are looking for intelligent and scalable solutions to engage and hire the top talent catering to their jobs.

A massive number of independent specialist recruiters and small agencies are unorganised and fragmented. Spottabl brings them all together on a single platform.

This helps companies get their hiring needs fulfilled in a short time with the help of specialised on-demand recruiters. This enables small and medium-sized offline agencies to get digitised and get business opportunities, efficiently recruit on the platform, and increase their earning potential.

It registered 3x quarterly growth for the period of six months and has seen a 5x growth in recruiters community in 2021.

“Getting the right talent hired in an efficient and faster way continues to be an unsolved problem. Companies continue to struggle with age-old traditional methods leading to increased hiring frictions. We saw this as an opportunity to solve through an intelligent platform that is powered by personalised hiring solutions. Our on-demand recruiter platform takes the end to end ownership to ensure hiring success for each of our customers,” said Vanishri Deshpande, co-founder and CEO, Spottabl.


Published by Economic Times on October 26 | https://bit.ly/3BlpBJg

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