Mumbai Angels raises $ 2mn funding for recruitment automation start-up

TurboHire ensures accuracy in candidate selection and reduces the cost and time spent on hiring

Mumbai Angels, a private investment company, has raised $2 million in funding for TurboHire, a recruitment automation platform. The pre-series A investment round was co-led by Pentathlon VC and The Chennai Angels, and also saw participation from T- Fund, Purvansh Holdings, Mumbai Angels and Hyderabad Angels, and global strategic investors Samir Khosla and Francisco Arcilla.

The fund will be used for improving TurboHire’s product and scaling up its revenue contribution from global markets. TurboHire aims to have a compounded monthly growth rate (CMGR) of 20 per cent and make international deals 25 per cent of its total revenue.

TurboHire, which began in