About Able Jobs
Able Jobs is a company based in Bengaluru (India) founded in 2019 by Swatantra Kumar and Siddharth Srivastav was acquired by Instawork in August 2024.. Able Jobs has raised $2.36 million across 3 funding rounds from investors including Instawork, Wellfound and First Cheque. The company has 41 employees as of April 06, 2024. Able Jobs operates in a competitive market with competitors including Simplilearn, TeamLease, Imarticus Learning, Unstop and Emeritus, among others.
- Headquarter Bengaluru, India
- Employees 41 as on 06 Apr, 2024
- Founders Swatantra Kumar, Siddharth Srivastav
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Sectors
EducationTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Jobbox Technologies Private Limited
- Date of Incorporation 09 May, 2019
- Jurisdiction Koramangala, Karnataka, India
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Annual Revenue
$102.3 K (USD)11.73as on Mar 31, 2023
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Net Profit
$-334.57 K (USD)57.01as on Mar 31, 2023
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EBITDA
$-277.05 K (USD)61.28as on Mar 31, 2023
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Total Equity Funding
$2.36 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Instawork
& 8 more
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Employee Count
41
as on Apr 06, 2024
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Acquired by
Instawork
(Aug 06, 2024)
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Funding Insights of Able Jobs
Able Jobs has successfully raised a total of $2.36M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(17 Jul 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Seed - Able Jobs | Valuation | Mynavi |
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| Nov, 2022 | Amount | Seed - Able Jobs | Valuation |
investors |
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| Jul, 2020 | Amount | Seed - Able Jobs | Valuation | Wellfound , Elevation Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Able Jobs
Able Jobs has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Instawork, Wellfound and First Cheque. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Investments are made in early-stage companies by Titan Capital.
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Founded Year | Domain | Location | |
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Early-stage investment and support services for startups in technology and e-commerce sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Able Jobs
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Able Jobs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Able Jobs Comparisons
Competitors of Able Jobs
Able Jobs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Simplilearn, TeamLease, Imarticus Learning, Unstop and Emeritus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Professional certification programs are delivered through a mobile platform.
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| domain | founded_year | HQ Location |
Staffing and recruiting services connect employers with job candidates.
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| domain | founded_year | HQ Location |
Job-oriented courses and programs are offered to professionals and freshers.
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| domain | founded_year | HQ Location |
Online platform for talent engagement and skill based hiring
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| domain | founded_year | HQ Location |
Provider of online professional development courses
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| domain | founded_year | HQ Location |
Multi-disciplinary online courses and workshops are provided by the platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Able Jobs
Frequently Asked Questions about Able Jobs
When was Able Jobs founded?
Able Jobs was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Able Jobs located?
Able Jobs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Able Jobs a funded company?
Able Jobs is a funded company, having raised a total of $2.36M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.86M, raised on Jul 17, 2020.
How many employees does Able Jobs have?
As of Apr 06, 2024, the latest employee count at Able Jobs is 41.
What is the annual revenue of Able Jobs?
Annual revenue of Able Jobs is $102.3K as on Mar 31, 2023.
What does Able Jobs do?
Able Jobs was established in 2019 in Bengaluru, India, within the HR technology sector. An online platform is operated to support candidates with interview preparation tools, questionnaires, and admission tests. Training sessions are delivered by industry experts. Recruiters are facilitated in posting jobs and accessing vetted candidates for interviews. An Android app is made available for mobile access to these services.
Who are the top competitors of Able Jobs?
Able Jobs's top competitors include Simplilearn, TeamLease and Unstop.
Who are Able Jobs's investors?
Able Jobs has 9 investors. Key investors include Instawork, Wellfound, First Cheque, Mynavi, and Y Combinator.
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