Bengaluru-based job search portal Babajob.com announced Tuesday that they had secured a $10 million minority investment from SEEK Limited.
SEEK and its affiliate companies run a global online employment marketplace that reaches approximately 2.6 billion people across the world. This is the second funding round for Babajob after their Series A round led by GrayGhost Ventures and Khosla Impact in 2012.
Founded in 2007, Babajob.com aims to bring better jobs to informal sector workers like drivers, cooks, maids, security guards, etc. The portal provides a platform for blue collar workers where they can register their profile, and find new job opportunities.
Babajob is one of the websites to take part in the internet.org initiative in India, which lets Reliance Infocomm users access a list of 30-odd websites and services online for free.
“I am super excited about Babajob becoming India’s largest jobs marketplace for aspiring workers. We plan to invest a lot in people, in growing the tech, sales and operations team. We’ve masted a lot of operations in the telephony space. We also plan to ramp up our mobile app offerings, and also marketing.” said Sean Blagsvedt, CEO and founder of Babajob.com, in a phone conversation with Huffpost India.
SEEK’s funding will be used to improve its telephony services such as ‘Missed Calls for Jobs’ and ‘RapidHire’ which drives inbound phone calls from screened candidates to employers in minutes, the news release stated.
Babajob currently lists 2.5 million listed job openings and hosts 3 million job seekers. The website is available in Bengali, Kannada, Urdu, Gujarati, Marathi, Tamil, Hindi and English. According to Blagsvedt, Babajob is most popular tier 1 and 2 cities like Mumbai, Bangalore, Chennai and Navi Mumbai.