Funding Investment

TurboHire raises $6 mn in Series A funding, led by IvyCap Ventures

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Funding to accelerate global expansion of TurboHire’s enterprise-grade AI platform and drive AI-led hiring transformation.

TurboHire, a leading AI-powered recruitment automation platform for enterprises, has raised $6 million in Series A funding, led by IvyCap Ventures, to scale its global expansion, strengthen product capabilities, and deepen integrations with HR tech ecosystems, the company announced. 

The funding round reinforces TurboHire’s position as a category-defining solution transforming hiring with advanced Agentic AI, intelligent workflows, and seamless HRMS connectivity. 

According to the company, their platform is being used by over 120 enterprises, including Cipla, Tata Motors, PwC, Lenskart, Britannia, and major conglomerates like RPG Group, Motilal Oswal Group, and ANI Technologies.

Deepak Agrawal, CEO and Co-founder of TurboHire, said, “Enterprises are under intense pressure to transform, but traditional hiring systems are rigid, slow, and drain executive time. TurboHire brings together AI-powered automation, workflows, and data on one single enterprise-grade platform—with exceptional configurability and integrability. It’s a game-changer for companies serious about AI-led hiring transformation. With IvyCap’s support, we’re poised to scale this globally.” 

Commenting on the fundraise, Vikram Gupta, Founder and Managing Partner, IvyCap Ventures, said, “TurboHire is not just solving a business problem—it’s redefining how enterprises approach talent acquisition in an AI-first world. Their ability to serve large, complex organisations with a configurable, outcome-oriented platform is impressive. With a strong product-market fit, growing global demand, and a future-ready tech stack, we believe TurboHire is well-positioned to lead the next wave of intelligent hiring transformation.”

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