About ReferHire
ReferHire is a Technology company based in Delhi (India) founded in 2014. Peer-to-peer social hiring is enabled via an online platform. ReferHire has raised $224.8 thousand across 3 funding rounds from investors including Vantage Capital Partner, Lakshmi N Chakarapani and Shalendra Malhotra. ReferHire was last valued at $4.94 million in February 2021. Its Indian entity Castlered Internet Private Limited reported revenue of ₹1.17 Cr. Its focus areas include Enterprise Applications, HRTech and Referral Network.
Company details
ReferHire was established in 2014 in Delhi, India, as a platform focused on the recruitment sector. Peer-to-peer connections are facilitated for job referrals and hiring through social networks. Operations center on linking candidates and employees digitally, with services accessible at referhire.com. The model supports informal hiring processes in the Indian job market, emphasizing community-driven recommendations over traditional methods.
- Headquarters Delhi, India
- Stage Minicorn
- SectorsTechnology
- Website referhire.com
- Social LinkedIn X Facebook
- Legal Name Castlered Internet Private Limited
- Date of Incorporation 28 Jan, 2015
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1.17 Cr
FY 2024 · +1512035% YoY
- Net Loss-₹1.73 Cr
FY 2024 · -148% margin
- EBITDA-₹1.67 Cr
FY 2024 · -143% margin
- Total Equity Funding$224.8K (USD)
in 3 rounds
- Latest Funding Round$29.84K (USD), Seed
Feb 2021
- InvestorsVantage Capital Partner
& 8 more
Associated legal entities of ReferHire
ReferHire operates through Castlered Internet Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Castlered Internet Private Limited CIN U74900DL2015PTC276041 | Active | 28 Jan 2015 | New Delhi, Delhi | ₹1.2 Cr | 2 | View details |
Funding Insights of ReferHire
ReferHire has successfully raised a total of $224.8K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $29.84 thousand completed in February 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 $224,800
- Total Rounds 3
- Last Round Seed — $29,836
- First Round $60,952
(Oct 2018)
- Investors Count 9
All 3 funding rounds of ReferHire 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 |
|---|---|---|---|---|---|
| Feb 2021 | $29,836 | Seed | $4.94M | Vantage Capital Partner, Lakshmi N Chakarapani | – |
| Jun 2020 | $134,012 | Angel Round | $4.81M | Shalendra Malhotra | |
| Oct 2018 | $60,952 | Angel Round | $••••• | Aadesh Goyal |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2021 | $4.94M | •••••••• |
| Jun 2020 | $4.81M | •••••••• |
| Oct 2018 | $••••• | •••••••• |
Full valuation and stage history of ReferHire
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $4.94M (Feb 2021). 9 investors in total: 1 institutional and 8 angel.
Investors in ReferHire
ReferHire has secured backing from 9 investors, including institutional and angel investors. Prominent investors backing the company include Vantage Capital Partner, Lakshmi N Chakarapani and Shalendra Malhotra.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Funding and investment consulting services are provided to clients. | vcapasia.com | Singapore, Singapore | ||
LN Lakshmi N Chakarapani | unknown_5ed0c518773741ba9 | |||
SM Shalendra Malhotra | unknown_96b30f915fda47028 | |||
AG Aadesh Goyal | unknown_11c8ff99f371464a9 | |||
NM Narayanan Mohan Rangan | unknown_4f0a4d8a91cd4f5b8 | |||
VS Vinod Sood | Co-founder of Hughes Systique, active angel investor in Indian startups | unknown_7d1c4be62ba04cb5a | ||
MS Mohan Sundaram | Angel investor, ex-Google, focused on tech startups in India | unknown_52966f08b7f349d0b | ||
PK Pramod Kalyana Sundaram | unknown_28b79a21756d4a798 | |||
GS Gaurika Sahi | unknown_a20ee1c2c98b4bdd9 |
Investor details for ReferHire
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 Castlered Internet Private Limited (ReferHire)
Castlered Internet Private Limited is the primary company behind ReferHire. The board of Castlered Internet Private Limited currently have 2 directors; the longest-serving is Rohit Tewari, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Tewari DIN 02370353 | Director | 28 Jan 2015 | 11 yrs 8 mo | Castlered Internet Private Limited |
| Jagriti Kohli DIN 10294272 | Additional Director | 28 Aug 2023 | 3 yrs 1 mo | Castlered Internet Private Limited |
Financials of ReferHire
Figures of Castlered Internet Private Limited, the primary company behind ReferHire, for FY 2024. Revenue was ₹1.17 Cr (+1512035% year on year). Net loss was -₹1.73 Cr (-148% margin). EBITDA was -₹1.67 Cr (-143% margin). Revenue has grown at a compounded annual rate of +839% over three years.
- ₹1.17 CrRevenue · FY 2024 · +1512035% YoY
- -₹1.73 CrNet loss · -148% margin
- -₹1.67 CrEBITDA · -143% margin
- ₹5.3 LakhPaid-up capital
- +839%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Castlered Internet Private Limited are on its company page.
Detailed financial statements for ReferHire
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 ReferHire
4 dated milestones of ReferHire across 7 years, from founding to its latest funding, stage changes and deals.
- Founded ReferHire is founded.
- Funding First funding round of $61K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $30K.
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Frequently Asked Questions about ReferHire
ReferHire was founded in 2014 and raised its 1st funding round 4 years after it was founded.
ReferHire is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
ReferHire is a funded company, having raised a total of $224.8K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $60.95K, raised on Oct 2018.
The primary company behind ReferHire, Castlered Internet Private Limited, reported revenue of ₹1.17 Cr for FY 2024, up 1512035% year on year.
ReferHire was established in 2014 in Delhi, India, as a platform focused on the recruitment sector. Peer-to-peer connections are facilitated for job referrals and hiring through social networks. Operations center on linking candidates and employees digitally, with services accessible at referhire.com. The model supports informal hiring processes in the Indian job market, emphasizing community-driven recommendations over traditional methods.
ReferHire has 9 investors. Key investors include Vantage Capital Partner, Lakshmi N Chakarapani, Shalendra Malhotra, Aadesh Goyal, and Narayanan Mohan Rangan.
The valuation of ReferHire is $4.94M as of Feb 2021.
ReferHire operates through Castlered Internet Private Limited.
The legal entities of ReferHire currently have 2 directors, including Jagriti Kohli, Rohit Tewari.