Eduvacancy, job search platform for the education sector, today announced it has raised US$200000 in angel funding from a group of HNIs (high networth individuals) who are also active early stage investors in start-ups. The firm founded in April 2021 has grown exponentially to over 3,50,000+ registered job seekers, 12,500+job providers listed and over 25,000+ vacancies from the education sector.
According to the orgnaisation’s press release Eduvacancy is first in India to introduce video resumes in recruitment by educational institutions which shifted to largely remote recruiting and which has significantly increased the effectiveness of the hiring process. The funding will be utilized for fresh hiring, technological upgradation, further tuning of the platform and its features and to expand across geographies particularly GCC where there is a huge demand for educators from India.
Commenting on the fund raise, Manav Shah, Co-Founder & CEO, Eduvacancy, said, “We have actively listened in the last year to educational institution owners and senior academics to understand not just the gaps in the recruitment process but also the functionality and delivery experience of our services. The initial overwhelming response only validates our belief that there is a huge opportunity out there waiting to be tapped and its time we focused on building the right suite of features and high quality, consistent experience delivery. There has been huge investor interest in Eduvacancy as it’s the only focused job search platform for the education space in India.”
Also read: Eduvacancy-India’s first job search platform for education sector
Posted in Corporate, News
