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AI-led HR-tech Startup 'Jobizo' nets $1.4 million Pre-Series Fund

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Alkemi Growth Capital led the $1.4 million pre-series investment round for the healthcare HRtech company Jobizo.

This investment comes after AROA Ventures led a $500,000 early fundraising round in 2022.

With the goal of eventually completing 10 million job hours, the funds will be utilized to create 100,000 healthcare jobs in India and 3,000 positions elsewhere over the course of the next 18 months.

The AI-powered platform Jibizo, which was co-founded by Naveen Trehan and Avishek Agarwal, links companies with qualified workers. In India, the platform has helped add more than 10 million hours of patient care.

Jobizo wants to address the talent gap and foster a friendly work environment by leveraging its growing investor network and market knowledge.

Jobizo claims that since the seed round, its growth has increased by more than 500%, helped fill more than 10 million employment hours, and enabled over 20,000 jobs in India and other countries.

Discussing about the future growth plans, the cofounders says, “The fund allows us to enhance our platform’s offerings and expand Jobizo’s reach in both domestic and international job markets. We believe it will support us in building the required infrastructure to bridge the skills gap in the global healthcare sector and provide flexible job opportunities to qualified professionals. Meanwhile, we are working on strengthening our core team through strategic hiring and executing our expansion goal one city at a time.”