Funding Alert

Jobsgaar Raises Funding $140K From SucSEED Indovation Fund, Others


Hyperlocal job discovery startup Jobsgaar raises funding $140,000 in seed funding from Hyderabad headquartered SucSEED Indovation Fund, and other angels. The group of angel investors who participated in the round include Rohit Chanana, Jasminder Singh Gulati, Poonam Kaul, Sunil Kamath, Mandeep Singh, and Gunjan Paharia. Jobsgaar raises funding to establish the proof of its concept and fund its product development and growth plan.

“We either see masses trooping in large cities in search of work opportunities or likely staying back at their place of origin doing odd jobs forever, driven by necessities. On the other hand, there is a section of employers, small scale businesses, enterprises, MSMEs, and millions of other unorganised pursuits who are struggling every day to find a local workforce for their job responsibilities.” Atul Pratap Singh, Founder and CEO, Jobsgaar, said, regarding Jobsgaar raises funding.Jobsgaar addresses job loss impact and helps employers connect with the workforce at their native place.

“Talent recruitment is a big challenge in Tier II-IV cities and towns. We believe easy to adopt Jobsgaar’s technology can lead to re-kindling of localised economies and increase employment by enabling micro entrepreneurs to scout talent effortlessly. This would further ensure that Tier I cities are not overcrowded, and job opportunities are made available closer to home,” said Dhiraj Kumar Sinha, Co-founder and Partner, SucSEED Indovation Fund, regarding Jobsgaar raises funding.The startup claims to have been focussing on around 15 districts from UP and Biharto explore the potential.

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