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2014-09-05

myNoticePeriod.com secured over Rs 2 crore from IDG Ventures, others

myNotiecPeriod.com help companies reduce the hiring lead time significantly and looks to ensure better candidate matching through its patent pending technology.

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NEW DELHI: myNoticePeriod.com, a recruitment portal for candidates serving notice periods, has raised over Rs 2 crore in seed funding round led by IDG Ventures India and other investors like Ravi Gururaj, Founder, Frictionless Ventures; Prashant Kirtane, CTO and co-founder, travelmob.com; Shamsunder Talreja, Founder, JetSet Capital and Raghu Krishnananda, former Yahoo engineering leader.
 
 
Founder by Manjunath Talwar (IIM Alumnus) and Anhijit Khasnis (BITS Alumnus), the firm is incubated at Nasscom's 10000 Startup Warehouse. Khasnis has previously worked in organisations Yahoo, Oracle and i2 building. Whereas, Talwar has a rich experience innovating global consumer and enterprise products.
 
 
myNotiecPeriod.com help companies reduce the hiring lead time significantly and looks to ensure better candidate matching through its patent pending algorithm. Its clientele includes many large employers and HR recruiting firms across IT, Sales, Marketing, Finance and BPO domains. 
 
 
According to Gururaj, who also serves as one of the investor and advisor on board, shares that myNoticePeriod.com is targeting a very niche market and has witnessed a high hit rate and conversion rate. "The founding team is good and is successfully addressing the untapped need in the market. They have a huge opportunity to scale-up going ahead. The firm is going after a big market with an innovative offering which is resonating well with large customers. The early traction has been impressive and I look forward to helping them build up a substantial and profitable business," said Gururaj.
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