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Helion Advisors, an investor in technology start-ups, has invested in online recruitment platform TalentPad. This is the first round of institutional fund raising by the company.
TalentPad will use the funds to fuel its marketing initiatives and bolster its management team. Ritesh Banglani, Partner at Helion, will join the board of the company, it said in a statement.
However, Helion Advisors did not disclose the quantum of the investments it made in TalentPad.
“Consumer internet services is a priority investment sector for us and we are always on the lookout for innovative plays in large, established markets like recruitment. There is a huge demand-supply gap in the recruitment segment, especially at the higher end of technology driven businesses, and TalenPad is ideally poised to meet the emerging opportunity,” said Banglani.
TalentPad was co-founded in 2014 by IIT and IIM alumnus Mayank Jain Nikhil Vij and Raghav Jain.
Correction
TalentPad was founded in 2014, not 2013, as stated in an earlier version of the copy.
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