TurboHire, established in 2018 by Deepak Agrawal, Rakesh Nayak, and Gaurav Kumar, is an AI-powered recruitment platform based in Hyderabad, India. Designed to transform the hiring process, TurboHire leverages AI and automation to provide efficient and strategic recruitment solutions. As of 2025, the company has raised significant funding, including a Series A round led by IvyCap Ventures, and is widely regarded for its innovative approach in the recruitment tech space.
| Attribute | Information |
|---|---|
| Founding Date | 2018 |
| Headquarters | Hyderabad, India |
| Founders | Deepak Agrawal, Rakesh Nayak, Gaurav Kumar |
| Revenue | ₹6.63 Cr as of March 31, 2024 |
| Key Investors | IvyCap Ventures, Pentathlon VC, The Chennai Angels |
| Industry | Recruitment Technology |
| Number of Employees | Over 100 |
TurboHire was conceptualized in 2017 by a team of former IIT and NIT alumni who left prestigious organizations like Microsoft and Google to pursue a vision of revolutionizing recruitment through AI. The initial development focused on building an augmented intelligence platform that could parse resumes and integrate seamlessly with existing HR platforms. In its nascent stages, the company faced the challenge of carving a niche in a competitive market but quickly gained traction due to its robust AI-driven capabilities and strategic partnerships with early adopters who saw the value in TurboHire's potential.
TurboHire's platform is renowned for its ability to automate recruitment tasks, reducing time-to-hire by up to 78% and cost-to-hire by 65%. Its capabilities include resume parsing, candidate ranking, and automated interview scheduling, which streamline the hiring process for HR departments. TurboHire's achievements include:
TurboHire excels as a B2B SaaS platform that employs AI and NLP to optimize hiring processes. In 2025, it is positioned as a leader in recruitment technology, noted for its strategy of integrating deep tech solutions to meet the evolving needs of modern enterprises. The company commands a significant market share by offering bespoke solutions tailored to specific needs, whether for bulk hiring or leadership recruitment. TurboHire's competitive advantage lies in its login-less, mobile-first interface, which empowers recruiters to make data-driven decisions with ease.
TurboHire stands out as a transformative force in recruitment technology, continually advancing its platform to meet the complex needs of global enterprises. With strategic investments and partnerships, the company is poised to expand its influence beyond India, focusing on enhancing user experiences and AI capabilities. As it continues to redefine recruitment processes, TurboHire is expected to play a pivotal role in setting industry standards and driving future innovations in HR technology.