Silicon Valley-based startup incubator Y Combinator, Snapdeal founders Kunal Bahl and Rohit Bansal’s Titan Capital, former WhatsApp senior government Neeraj Arora and early-stage fund Firstcheque additionally participated within the funding spherical.
The firm plans to make use of the funds raised to construct coaching merchandise for firms and broaden to adjoining sectors like quick-shifting shopper items (FMCG) and banking, monetary companies, and insurance coverage (BFSI) amongst others. The capital may even be used to put money into product development and enlargement of its group.
Launched in May 2019, Able Jobs helps firms rent entry-degree educated professionals in gross sales, assist, and advertising features, by offering them with finish-to-finish assist, proper from discovering related candidates to coaching them and later deploying them.
The Bengaluru-based startup pre-trains candidates with free vocational programs customised for job roles particular to their shopper wants.
“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 government Ravish Agrawal instructed ET.
After coaching, firms interview these candidates and rent them as per their job necessities. Able Jobs prices one month of the candidate’s wage on each profitable rent. The startup counts firms like BigBasket, Zeta, Sharechat, Nobroker, Toppr, and WhiteHat Jr amongst its shoppers.
“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,” stated Deepak Gaur, managing director, SAIF Partners.