TurboHire, a Hyderabad, India-based enterprise recruitment automation startup, has raised $6 million in Series A funding.
Investors
The round was led by IvyCap Ventures, an India-based venture capital firm that invests in early- to growth-stage startups across healthtech, fintech, consumer tech, deeptech, and agritech sectors. Founded in 2011, the firm manages over ₹5,000 crore in assets and leverages a strong network of IIT and IIM alumni for capital, mentorship, and strategic support.
TurboHire Use of Funds
The company will use the funding to expand its international footprint, advance its AI-driven platform capabilities, and strengthen integrations with leading HR management systems.
About TurboHire
Founded in 2019 by Deepak Agrawal, Rakesh Nayak, and Gaurav Kumar, TurboHire is a recruitment automation platform. The platform leverages agentic artificial intelligence, advanced analytics, and deep integration with major human resource management systems like SAP SuccessFactors, Oracle HCM, and Workday. Designed for enterprise-scale hiring, the platform supports everything from mass recruitment drives to senior executive searches via a single, configurable SaaS interface. Headquartered in Hyderabad, India, TurboHire serves over 120 organizations, including Tata Motors, PwC, Ola, and Cipla.
Funding Details
Company: TurboHire Technologies Pvt. Ltd.
Raised: $6.0M
Round: Series A
Funding Date: August 2025
Lead Investor: IvyCap Ventures
Additional Investors:
Company Website: https://turbohire.co/
Software Category: HR Tech / Recruitment Automation / SaaS
Source: https://www.entrepreneur.com/en-in/news-and-trends/turbohire-secures-usd-6-mn-in-series-a-funding-led-by/495460