Third Bracket, an AI hiring startup has secured INR 50 million in Seed Funding
• Third Bracket has raised nearly INR 50 million in seed capital
• The funds will enhance product development and operations
• With features like resume verification and predictive analytics like Fin Tech and IT
Third Bracket, a future-proofed smart hiring platform, has raised nearly INR 50 million in seed capital from a group of high-net-worth individuals (HNIs). The fresh fund infusion is at a large valuation and will be used to accelerate the startup's aggressive plans to revolutionize recruitment with AI-driven technology.
Established in 2023 by Nihar Bose and Chandan Chakraborty, Third Bracket was founded with one mission in mind: to rebuild the hiring process from scratch. The company seeks to remove inefficiencies, cut down on bias, and replace guesswork with smart, data-driven hiring.
"We didn't create Third Bracket to just make small adjustments to the hiring process we created it to rebuild it from scratch," stated Chandan Chakraborty, Co-Founder of Third Bracket. "Talent is a company's greatest differentiator, but the manner in which we hire remains plagued with inefficiencies, prejudice and guesswork. This capital enables us to double down on our vision of smart, inclusive and speedy hiring built for contemporary teams. We're not here to match résumés to job descriptions we're here to make sure each hire is the right hire while saving time and expense associated with talent acquisition."
The seed capital will be utilized to ramp up product development, further develop the AI engine which facilitates wiser, unbiased hiring decisions, and fuel operations to satisfy growing enterprise needs. Third Bracket has already made considerable inroads in industries like FinTech and IT, where the need for quality tech talent is fierce and quick-paced.
Third Bracket's sophisticated AI features include resume verification, functional skills analysis, cultural fit analysis, predictive hiring analytics, and gap analysis. The platform also facilitates long-term labour strategy through employee skill profiling and enabling future growth and up skilling. It is a full SaaS solution that combines technology, data and strategy to enable organizations to construct resilient, future-capable teams.
This AI-based hiring model has already shown merit for a combination of unicorn companies and mid-sized businesses that are looking to address complicated hiring dilemmas and streamline time-to-hire. With intelligent automation at the core and deep candidate profiling, Third Bracket doesn't just see itself as a hiring platform but as a strategic partner in talent development.
While the future of work keeps evolving and digitalization gains strength, Third Bracket's method of inclusive, efficient, and scalable hiring has the promise to change the way businesses go about attracting and keeping talent in the AI era.
• The funds will enhance product development and operations
• With features like resume verification and predictive analytics like Fin Tech and IT
Third Bracket, a future-proofed smart hiring platform, has raised nearly INR 50 million in seed capital from a group of high-net-worth individuals (HNIs). The fresh fund infusion is at a large valuation and will be used to accelerate the startup's aggressive plans to revolutionize recruitment with AI-driven technology.
Established in 2023 by Nihar Bose and Chandan Chakraborty, Third Bracket was founded with one mission in mind: to rebuild the hiring process from scratch. The company seeks to remove inefficiencies, cut down on bias, and replace guesswork with smart, data-driven hiring.
"We didn't create Third Bracket to just make small adjustments to the hiring process we created it to rebuild it from scratch," stated Chandan Chakraborty, Co-Founder of Third Bracket. "Talent is a company's greatest differentiator, but the manner in which we hire remains plagued with inefficiencies, prejudice and guesswork. This capital enables us to double down on our vision of smart, inclusive and speedy hiring built for contemporary teams. We're not here to match résumés to job descriptions we're here to make sure each hire is the right hire while saving time and expense associated with talent acquisition."
The seed capital will be utilized to ramp up product development, further develop the AI engine which facilitates wiser, unbiased hiring decisions, and fuel operations to satisfy growing enterprise needs. Third Bracket has already made considerable inroads in industries like FinTech and IT, where the need for quality tech talent is fierce and quick-paced.
Third Bracket's sophisticated AI features include resume verification, functional skills analysis, cultural fit analysis, predictive hiring analytics, and gap analysis. The platform also facilitates long-term labour strategy through employee skill profiling and enabling future growth and up skilling. It is a full SaaS solution that combines technology, data and strategy to enable organizations to construct resilient, future-capable teams.
This AI-based hiring model has already shown merit for a combination of unicorn companies and mid-sized businesses that are looking to address complicated hiring dilemmas and streamline time-to-hire. With intelligent automation at the core and deep candidate profiling, Third Bracket doesn't just see itself as a hiring platform but as a strategic partner in talent development.
While the future of work keeps evolving and digitalization gains strength, Third Bracket's method of inclusive, efficient, and scalable hiring has the promise to change the way businesses go about attracting and keeping talent in the AI era.
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