Job referral startup ‘Happy2Refer’ gets backed by Sparknext, Vinners and Equity Crest
Mumbai, India | Red Newswire | Jan 14, 2016 Last Updated at 11:00 AM IST.
Getting referred for a job wasn’t so easier!
Happy2Refer, the Mumbai-based job referral startup has raised funding from Sparknext, Vinners and Equity Crest and other angel investors. The total amount raised comes near $250K.
The startup said it will use the money to further develop the product, its algorithm, user experience and marketing.
Nimit Bavishi, Harshit Bavishi and Mitesh Jain launched Happy2Refer in November, 2015. No doubt, it’s the first of its kind. ‘Smart Refer’ – an intelligent system is at the core of the app and it connects to the network of a referrer and recommends the name of the people in the network who are fit for the position.
For engagement, the startup has tied up with Amazon as reward partners for the loyalty program.
Mitesh, technical head at the company said, “Our vision is to turn everyone into a referrer/recruiter on-the-go.”
Nimit Bavishi said, “We have built a disruptive model that creates a viral win-win experience. If you work in pharma sales, you are best suited to understand a pharma sales job requirement. Ideally, you should be empowered to discover and refer 5 great-fit people from your network in 30 seconds and get rewarded if your referral makes it. People can earn 20-30% of their annual salary more from making the right referrals, which gives HR a pool of high-quality curated profiles to look at.”
There are other startups in the field such as RippleHire, PotKnox, Grownout and Springhole.