About Suitable AI
Suitable AI is a company based in Delhi (India) founded in 2021 by Nikhil Chainani and Anmol Mahajan.. Suitable AI has raised $100 thousand across 2 funding rounds from investors including All In Capital and 500 Global. The company has 1 employees as of April 08, 2024. Suitable AI offers products and services including Talent Sourcing Platform and Interviewing Agent. Suitable AI operates in a competitive market with competitors including Circular, Paraform, Hunt Club, Tangent and Drafted, among others.
- Headquarter Delhi, India
- Employees 1 as on 08 Apr, 2024
- Founders Nikhil Chainani, Anmol Mahajan
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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
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- Legal Name Suitable Technology Private Limited
- Date of Incorporation 10 Mar, 2021
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$101.6 K (USD)387.67as on Mar 31, 2023
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Net Profit
$9.82 K (USD)205.39as on Mar 31, 2023
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EBITDA
$37.94 K (USD)199.77as on Mar 31, 2023
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Total Equity Funding
$100 K (USD)
in 2 rounds
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Latest Funding Round
$100 K (USD), Seed
Jun 09, 2022
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Investors
All In Capital
& 1 more
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Employee Count
1
as on Apr 08, 2024
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Products & Services of Suitable AI
Suitable AI offers a comprehensive portfolio of products and services, including Talent Sourcing Platform and Interviewing Agent. 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.
AI tool for sourcing and screening tech candidates globally
AI for automated candidate interviews and evaluations
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Software Development Team
3 people
Leadership Team
1 people
Co Team
1 people
Sales and Marketing
1 people
Unlock access to complete
Funding Insights of Suitable AI
Suitable AI has successfully raised a total of $100K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in June 2022. 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 2
- Last Round Seed — $100,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Suitable AI | Valuation |
investors |
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| Mar, 2022 | Amount | Seed - Suitable AI | Valuation | 500 Global |
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| 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 Suitable AI
Suitable AI has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include All In Capital and 500 Global. 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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Venture capital investments and community support for Indian startups.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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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 Suitable AI
| 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 - Suitable AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Suitable Ai Comparisons
Competitors of Suitable AI
Suitable AI 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 Circular, Paraform, Hunt Club, Tangent and Drafted, 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 |
Integrated logistics for grain transportation are provided by Circular.
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| domain | founded_year | HQ Location |
Referral networks for enterprises are enabled via an online platform.
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| domain | founded_year | HQ Location |
Referral-based recruitment solutions are delivered through an online platform.
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| domain | founded_year | HQ Location |
A platform is provided for jobseekers to connect with tech mentors.
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| domain | founded_year | HQ Location |
Employee referral network-based hiring platform
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| domain | founded_year | HQ Location |
Job-oriented coding courses are offered by this non-profit organization.
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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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Frequently Asked Questions about Suitable AI
When was Suitable AI founded?
Suitable AI was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Suitable AI located?
Suitable AI is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Suitable AI a funded company?
Suitable AI is a funded company, having raised a total of $100K across 2 funding rounds to date.
How many employees does Suitable AI have?
As of Apr 08, 2024, the latest employee count at Suitable AI is 1.
What is the annual revenue of Suitable AI?
Annual revenue of Suitable AI is $101.6K as on Mar 31, 2023.
What does Suitable AI do?
A company that enables GCCs and innovation hubs to transform their hiring process through AI-based recruitment tools. It is a provider of AI-powered recruitment and consulting services for Global Capability Centers (GCCs) and innovation hubs. It Helps enterprises hire various engineering and IT talent through autonomous AI recruiter agents that screen, interview, and shortlist candidates via voice and video. Designed to help RD and digital teams scale with precision.
Who are the top competitors of Suitable AI?
What products or services does Suitable AI offer?
Suitable AI offers Talent Sourcing Platform and Interviewing Agent.
Who are Suitable AI's investors?
Suitable AI has 2 investors. Key investors include All In Capital, and 500 Global.