About foundit
foundit is a company based in Hyderabad (India) founded in 1999 by Jeff Taylor was acquired by Quess in January 2018.. foundit has raised $14.86 million across 1 funding round from investors including Quess, Randstad and Enam Holdings. The company has 753 employees as of March 28, 2024. foundit has completed 13 acquisitions, including Accounting Solutions, Affinity Labs and Armees.com. foundit offers products and services including Job Search Platform, Resume Database, Career Advice Services, and Employer Job Posting. foundit operates in a competitive market with competitors including Glassdoor, LinkedIn, Apna, Naukri.com and Unstop, among others.
- Headquarter Hyderabad, India
- Employees 753 as on 28 Mar, 2024
- Founders Jeff Taylor
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Monster.Com India Pvt. Ltd.
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$40.43 M (USD)-5.19as on Mar 31, 2017
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Net Profit
$-3.91 M (USD)-237.11as on Mar 31, 2017
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EBITDA
$-2.18 M (USD)-479.38as on Mar 31, 2017
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Total Equity Funding
$14.86 M (USD)
in 1 rounds
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Latest Funding Round
$14.86 M (USD), Unspecified
Dec 22, 2021
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Investors
Quess
& 3 more
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Employee Count
753
as on Mar 28, 2024
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Investments & Acquisitions
Accounting Solutions
& 12 more
- Acquired by
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Products & Services of foundit
foundit offers a comprehensive portfolio of products and services, including Job Search Platform, Resume Database, Career Advice Services, and Employer Job Posting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables users to search and apply for job vacancies online.
Allows employers to access and review candidate resumes.
Offers tips and resources for career growth and job seeking.
Facilitates companies to post and manage job listings.
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Funding Insights of foundit
foundit has successfully raised a total of $14.86M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $14.86 million completed in December 2021. 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 1
- Last Round Unspecified — $14.9M
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First Round
First Round
(22 Dec 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Unspecified - foundit | Valuation | Enam Holdings |
| 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 foundit
foundit has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Quess, Randstad and Enam Holdings. 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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Investment in Indian capital markets and initiatives in asset management and renewable energy.
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Founded Year | Domain | Location | |
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Provider of real estate investment services
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Founded Year | Domain | Location | |
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Provider of outsourcing and business services
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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.
|
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 foundit
foundit has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Accounting Solutions, Affinity Labs and Armees.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of business consultancy and tax services
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2022 | ||||
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Mobile first job board
|
2014 | ||||
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Social career search
|
2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - foundit
| 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 |
Foundit Comparisons
Competitors of foundit
foundit 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 Glassdoor, LinkedIn, Apna, Naukri.com and Unstop, 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 |
Anonymous employee reviews and job search platform are operated.
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| domain | founded_year | HQ Location |
Professional networking, job recruitment, and career tools are provided.
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| domain | founded_year | HQ Location |
Developer of AI‑powered job marketplace connecting early career talent
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| domain | founded_year | HQ Location |
Multi-industry hiring solutions are facilitated via an online job board.
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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 |
Multi-industry job vacancies are browsed and applied for online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Foundit
Frequently Asked Questions about foundit
When was foundit founded?
foundit was founded in 1999 and raised its 1st funding round 22 years after it was founded.
Where is foundit located?
foundit is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of foundit?
Chandra Sekhar Garisa is the current CEO of foundit.
Is foundit a funded company?
foundit is a funded company, having raised a total of $14.86M across 1 funding round to date. The company's 1st funding round was a Unspecified of $14.86M, raised on Dec 22, 2021.
How many employees does foundit have?
As of Mar 28, 2024, the latest employee count at foundit is 753.
What is the annual revenue of foundit?
Annual revenue of foundit is $40.43M as on Mar 31, 2017.
What does foundit do?
Online job board platform for multi-industry. The platform allows users to find matching jobs based on their skills, career, job category, location, experience, salary, etc. The platform allows users to find jobs in multiple sectors such as marketing, IT, HR, finance, legal and more. It allows candidates to post resumes and provides career tips. Also allows job postings. It is available on Google Play Store and Apple App Store.
Who are the top competitors of foundit?
What products or services does foundit offer?
foundit offers Job Search Platform, Resume Database, Career Advice Services, and Employer Job Posting.
How many acquisitions has foundit made?
foundit has made 13 acquisitions, including Accounting Solutions, Affinity Labs, and Armees.com.
Who are foundit's investors?
foundit has 4 investors. Key investors include Quess, Randstad, Enam Holdings, and Meridian Investment.
What is foundit's valuation?
The valuation of foundit is $88.35M as of Dec 2021.
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