Recruitment startup myNoticePeriod has raised over INR 2 Crore in Seed round funding, led by IDG Ventures India. Other investors include Prashant Kirtane, CTO and co-founder of travelmob.com, Shamsunder Talreja, owner of JetSet Capital, Raghu Krishnananda, former Yahoo engineering leader, and Ravi Gururaj of Frictionless Ventures.
Post this Investment, Venkatesh Peddi, Vice President, IDG Ventures India, will join the Board of Directors of myNoticePeriod. The company will use the fund to strengthen the team, scale up revenues and invest in deepening technology that will deliver even higher level of hiring efficiencies to customers.
This move is expected to help to take a fresh approach to to finding fresh profiles through its patent-pending proprietary algorithm and captures unique information like jobseeker’s salary and title.
Incubated at Nasscom’s 10K Startup Warehouse currently have over 65 paying customers and 32,000 jobseekers in its database. As per Deal Curry report, Its recruiter list includes TCS, Infosys, Flipkart, Wipro, Cox & Kings, Samsung, Nestle among others.