About JobSpire
JobSpire is a Technology company based in Bengaluru (India) founded in 2014, and was acquired by JustCode in June 2017. Curated candidates are sourced and verified for company recruitment. JobSpire has raised $262 thousand across 1 funding round from investors including Telnet Ventures, Krishna Jha and Nikunj Jain. Its focus areas include Enterprise Applications, HRTech, Job Board and Pre-Assessed Candidates. Its legal entity in India is Jobspire Technologies Private Limited (U72200KA2015PTC081301).
Company details
JobSpire was founded in 2014 in Bengaluru, India, operating as a recruitment marketplace. Candidates are sourced from professional and social networks, verified through challenges, and matched with hiring managers for process oversight. Fees are charged at 7 of the hires annual salary upon success, with monthly plans starting at Rs 5000 when billed annually. Seed funding of 262k was secured in 2015, followed by acquisition by JustCode in 2017.
- Headquarters Bengaluru, India
- Stage Acquired
- SectorsTechnology
- Website jobspire.net
- Social LinkedIn X Facebook
- Acquired by JustCode (Jun 2017)
- Legal Name Jobspire Technologies Private Limited
- Date of Incorporation 01 Jul, 2015
- Jurisdiction Bangalore, Karnataka, India
- Net Loss-₹35,112
FY 2020 · 0% margin
- EBITDA-₹2,000
FY 2020 · 0% margin
- Total Equity Funding$262K (USD)
in 1 rounds
- Latest Funding Round$262K (USD), Seed
Sep 2015
- InvestorsTelnet Ventures
& 6 more
- Acquired byJustCode
(Jun 2017)
Associated legal entities of JobSpire
JobSpire operates through Jobspire Technologies Private Limited (dormant under section 455). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Jobspire Technologies Private Limited CIN U72200KA2015PTC081301 | Dormant Under Section 455 | 01 Jul 2015 | Bangalore, Karnataka | 2 | View details |
Funding Insights of JobSpire
JobSpire has successfully raised a total of $262K through 1 strategic funding round. The most recent funding activity was a Seed round of $262 thousand completed in September 2015. 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 $262,000
- Total Rounds 1
- Last Round Seed — $262,000
- First Round $262,000
(Sep 2015)
- Investors Count 6
All 1 funding rounds of JobSpire with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2015 | $262,000 | Seed | – | Purvi Capital |
7 investors in total: 3 institutional and 4 angel.
Investors in JobSpire
JobSpire has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Telnet Ventures, Krishna Jha and Nikunj Jain.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial blogging, market analysis, and subscription services. | 2009 | telnetventures.com | Mumbai, India | |
Tech-focused seed and early stage VC firm investing in geographies such as India | purvicapital.com | Chicago, United States | ||
KJ Krishna Jha | unknown_328fe870096a40109 | |||
NJ Nikunj Jain | Co-founder of Frankly.me, angel investor in Indian startups | unknown_63693a722af244eb9 | ||
SB Sanjay Bakshi | unknown_25fcc32807c54f95a | |||
KN Kapil Nayyar | unknown_7e05b2b74c6c4531b | |||
| justcode.com |
Investor details for JobSpire
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Jobspire Technologies Private Limited (JobSpire)
Jobspire Technologies Private Limited is the primary company behind JobSpire. The board of Jobspire Technologies Private Limited currently have 2 directors; the longest-serving is Varun Jayaprakash Mayya, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Jayaprakash Mayya DIN 07161741 | Director | 01 Jul 2015 | 11 yrs 3 mo | Jobspire Technologies Private Limited |
| Sandesh Kini Kulai DIN 07161737 | Director | 01 Jul 2015 | 11 yrs 3 mo | Jobspire Technologies Private Limited |
Financials of JobSpire
Figures of Jobspire Technologies Private Limited, the primary company behind JobSpire, for FY 2020. Net loss was -₹35,112 (0% margin). EBITDA was -₹2,000 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years.
- -₹35,112Net loss · 0% margin
- -₹2,000EBITDA · 0% margin
- ₹1.2 LakhPaid-up capital
- -100%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Jobspire Technologies Private Limited are on its company page.
Detailed financial statements for JobSpire
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of JobSpire
3 dated milestones of JobSpire across 3 years, from founding to its latest funding, stage changes and deals.
- Founded JobSpire is founded.
- Funding First funding round of $262K.
- Exit Acquired by JustCode.
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Related news about Jobspire
Complete news archive for JobSpire
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Frequently Asked Questions about JobSpire
JobSpire was founded in 2014 and raised its 1st funding round 1 year after it was founded.
JobSpire is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
JobSpire is a funded company, having raised a total of $262K across 1 funding round to date. The company's 1st funding round was a Seed of $262K, raised on Sep 2015.
JobSpire was founded in 2014 in Bengaluru, India, operating as a recruitment marketplace. Candidates are sourced from professional and social networks, verified through challenges, and matched with hiring managers for process oversight. Fees are charged at 7 of the hires annual salary upon success, with monthly plans starting at Rs 5000 when billed annually. Seed funding of 262k was secured in 2015, followed by acquisition by JustCode in 2017.
JobSpire has 7 investors. Key investors include Telnet Ventures, Krishna Jha, Nikunj Jain, Sanjay Bakshi, and Kapil Nayyar.
JobSpire operates through Jobspire Technologies Private Limited.
Yes. JobSpire was acquired by JustCode in June 2017.
The legal entities of JobSpire currently have 2 directors, including Varun Jayaprakash Mayya, Sandesh Kini Kulai.