With the increased impetus of the government to make India job ready, the online recruitment industry is surely expected to do better in coming years.
Human resource experts believe, that job market in 2015 is going to be in a strong hiring mode and companies are preparing themselves for aggressive recruitments across the board.
Interestingly, very few players are targeting informal (grey collar) job sector as their primary market. And, Babajob.com is one of them and just got funded.
Bangalore-based, mobile first job platform Babajob, which is dedicated to bringing better job opportunities to aspiring workers has secured a $10 Mn minority investment from SEEK Limited.
The funding will be utilized to grow team and brand, further develop its mobile apps, and improve its telephony services such as ‘Missed Calls for Jobs’ and ‘RapidHire’ in order to fulfill company’s mission of connecting all Indians to better jobs.
Speaking on the development, Sean Blagsvedt, CEO and Founder of Babajob.com said, “We are excited to find a strong partner in SEEK, who shares our vision of using technology to connect everyone on the planet to better jobs, especially those in emerging markets. We are honored to be their first investment in India and look forward to bringing access to better jobs to every Indian and to helping every employer reliably hire aspiring workers.”