Indian startup ecosystem is looking very promising as new players are creating opportunities with innovative ideas. In a country where most youngsters try to learn some skills after completing their graduation, the founders of Bengaluru-based Jobspire had some other plans. It all started during their college life at Manipal University when Mohak Dhingra, Sandesh Kini, Varun Mayya, Kartik Luke Singh decided to do something on their own.
Varun and Kartik knew coding and they decided to sell their projects online on oDesk. After doing some small projects, they started taking bigger projects. The idea of their skills can be imagined by the fact that they earned Rs 30 lakh in the 3rd year of college. Varun decided to take the support of his batchmates for marketing and management and he chose Sandesh and Mohak for this. In this way, Jobspire started its operations.
Jobspire is an online job search platform that helps Indians to find a job they’ll truly love. It started with the motive to make Indians show their talent using visual stories. Jobspire raised $262,000 in funding in August 2015 led by Ravi Srivastava of Purvi Capital. Also, the company claims to work with over 1,000 companies and has over 2 lakh registered users on the platform.
Jobspire makes combined use of both technology and human recruiters to help companies hire best candidates. Only top candidates are filtered using the matchmaking service and are shown to companies. The top 5 candidates are then chosen by the recruiter for an interview. If a candidate gets selected he/she is paid 3 percent of their CTC.
New York-based startup, JustCode acquired Jobspire in 2017 to compete with the industry leaders in India including Shine, Naukri, TimesJobs, and QuikrJobs. Most factors are showing that online jobs portal market in India is growing at an impressive rate and big players will look to invest money and make the most of this.