Aasaanjobs raises $5 million in Series A funding

Online marketplace for recruitment, Aasaanjobs raised $5 million in Series A round of funding led by Aspada Advisors with participation from existing investors. This was a follow-up from the seed round where the platform raised a funding of $1.5 million led by IDG Ventures and Inventus Capital in January 2015.

“The company would use the funds to automate its online recruitment marketplace and expand to new cities. The company would set up operations in Pune and Delhi in the first quarter and Bengaluru in the second quarter of 2016,” commented Dinesh Goel, CEO, Aasaanjobs.

The fresh inflow of capital will help the company in taking its HR services on the cloud computing. This technological edge will pave the way for Aasaanjobs’ expansion into newer geographies.

Source: IndianMediaBook - Digital