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AccioJob, a Gurgaon-based start-up, has raised ₹1.25 crore in a funding round led by Hershel Mehta, Principal of Mehta Ventures and cousin of veteran angel investor Sanjay Mehta. The investment also included participation from Y Combinator.
“The concept of students creating robust profiles on their platform is very appealing. AccioJob can become like an Amazon marketplace for interns and first time job seekers. The vastness and complexity of India's education system creates a real problem for both universities and corporations looking to hire,” said Hershel Mehta.
“Geography still plays a huge role in hiring for most corporations,” he added.
AccioJob, started by IIT Delhi graduates, helps colleges digitise their traditionally manual placement procedures, saving about 80 per cent of their time and increasing placement percentages.
“We aim to create a network of colleges and become the central placement platform for companies to hire from campuses, taking this process online,” Yashwardhan Burad, CEO at AccioJob said.
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