Babajob, online job searching platform has secured ₹64 Crore ($10 million) investment from SEEK Limited. SEEK is the largest global online employment company and render their services to approximately 2.6 billion people across Australia, New Zealand, South East Asia among others. The company stated that the funding will be utilized for developing the team and to personify the branding, they’ll also come up with their mobile app. The company is planning to improve the communication network and for that, they are in talking terms with “missed the call for jobs” and “RapidHire” to avail their services. Their vision is to provide jobs for every countryman according to their experience and talent.
Sean Blagsvedt, CEO and Founder of Babajob has mentioned that “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.”
Babajob is a platform which offers job opportunity for people who are willing to work but struggling for the right job. This platform is connected with various organizations and companies. Their motive is to put right employers at the right job. The market is not so hot in India and consequently, there are very few startups who can come up and perform well and rest are don’t even exist.