2015-03-20

Job seeking startup Round One bags $1 million from Shine.com, Arun Duggal

The startup lets job seekers buy 30 minute guaranteed phone interviews with employees in their dream company.

Job seeking startup Round One bags $1 million from Shine.com, Arun Duggal

New Delhi-based networking platform for job seekers Round One has raised $1 million in pre Series A round led by HT Group’s Shine.com and angel investor Arun Duggal of Infoedge. The company will use raised amount in hiring, product development and marketing.

Founded in 2011, Round One has over 2 million registered job seekers and has grown over 100 per cent in last seven months. In January 2013, Round One introduced a membership model for Rs 50, which enables job seekers to speak to company insiders on the phone to earn job referral.

The startup lets job seekers buy 30 minute guaranteed phone interviews with employees in their dream company. During the interview, the employee evaluates the candidate and decides whether to refer them internally for a job, which would prioritise the application.

Currently, the company makes revenue via premium model. “At present, we are not generating revenue from B2B channel. However, we will be rolling out offerings for corporate this year,” adds Nishant Mathur, CEO, Round One.

Round One receives a large amount of its job seeker traffic from the metros and tier II cities as well. Bangalore and Delhi (NCR) rank among the highest sources of visitors and this has been a steady trend since inception. The company caters to 20-35 age group, and is popular among freshers and professionals with experience as well.

Related opportunities
  • ESSBEE is Premium Multibrand One Stop Store in SIS Format..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2023
    Investment size Rs. 50lakh - 1 Cr.
    Space required 5000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Amravati Maharashtra
  • Tea And Coffee Chain
    CHAI CALLING is one the most renowned tea brands of..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 2lakh - 5lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi Delhi
  • Furniture/Home Decor & Furnishing
    Started in the year 2013, WallMantra has been a pioneer in manufacturing..
    Locations looking for expansion Uttar pradesh
    Establishment year 2013
    Franchising Launch Date 2023
    Investment size Rs. 50lakh - 1 Cr.
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bishrakh Uttar pradesh
  • Others Health Care & Fitness
    Anodyne Spine is a leading chiropractic clinic in Delhi and..
    Locations looking for expansion Delhi
    Establishment year 2020
    Franchising Launch Date 2023
    Investment size Rs. 20lakh - 30lakh
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads