About TurboHire
TurboHire is a company based in Hyderabad (India) founded in 2019 by Gaurav Kumar, Deepak Agarwal, and Rakesh Ranjan Nayak. TurboHire has raised $9.02 million across 4 funding rounds from investors including Kaar Technologies, Mumbai Angels and T-Hub. The company has 50 employees as of April 10, 2024. TurboHire operates in a competitive market with competitors including Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, among others.
- Headquarter Hyderabad, India
- Employees 50 as on 10 Apr, 2024
- Founders Gaurav Kumar, Deepak Agarwal, Rakesh Ranjan Nayak
- 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
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- Legal Name Turbohire Technologies Private Limited
- Date of Incorporation 12 Mar, 2019
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$540.19 (USD)140.04as on Mar 31, 2023
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Net Profit
-$872.21 (USD)-52.42as on Mar 31, 2023
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EBITDA
-$654.95 (USD)-53.18as on Mar 31, 2023
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Total Equity Funding
$9.02 M (USD)
in 4 rounds
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Latest Funding Round
$6 M (USD), Series A
Aug 05, 2025
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Investors
Kaar Technologies
& 85 more
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Employee Count
50
as on Apr 10, 2024
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People of TurboHire
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Funding Insights of TurboHire
TurboHire has successfully raised a total of $9.02M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in August 2025. 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.
Investors in TurboHire
TurboHire has secured backing from 86 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Kaar Technologies, Mumbai Angels and T-Hub.
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Investing in seed-stage B2B SaaS companies with a focus on digital transformation and emerging tech in India.
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Investment and consulting firm supporting startups and organizations through strategic funding and development services.
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Investments are directed by the fund into diverse technology sectors.
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Investor details for TurboHire
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Investments & Acquisitions by TurboHire
Investment portfolio details for TurboHire
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Financial Statements - TurboHire
Detailed financials for TurboHire
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Turbohire Comparisons
Peer comparison for TurboHire
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Competitors of TurboHire
TurboHire 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 Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Talent experience management platforms are provided for engagement and recruitment.
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An AI platform is provided for talent acquisition and management.
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Cloud-based ATS and hiring platform services are provided.
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Talent acquisition software is provided by iCIMS since 2000.
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A video interview platform is operated by HireVue since 2004.
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Cloud-based applicant tracking solutions are offered for candidate hiring.
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Detailed competitors of TurboHire
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Latest news on Turbohire
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Frequently Asked Questions about TurboHire
TurboHire was founded in 2019 and raised its 1st funding round 1 year after it was founded.
TurboHire is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Deepak Agarwal is the current CEO of TurboHire. They have also founded this company.
TurboHire is a funded company, having raised a total of $9.02M across 4 funding rounds to date.
As of Apr 10, 2024, the latest employee count at TurboHire is 50.
Annual revenue of TurboHire is $540.19 as on Mar 31, 2023.
TurboHire was founded in 2019 in Hyderabad, India, as a provider of recruitment automation solutions in the HR technology sector. An applicant tracking system is offered to handle hiring operations, with integrations for HRMS and features such as AI-driven candidate screening, automated interview scheduling, resume parsing, assessments, document collection, and reporting. Candidate sourcing and job recommendations are also supported, alongside employer branding tools and training management.
TurboHire's top competitors include Phenom, Eightfold and Greenhouse.
TurboHire has 86 investors. Key investors include Kaar Technologies, Mumbai Angels, T-Hub, IvyCap Ventures, and Anicut Capital.
The valuation of TurboHire is $10.2M as of Aug 2022.