HR tech platform PMaps has raised ₹5 crores in a Series A funding round led by Indian Angel Network and Lets Venture. PMaps’ vision of making hiring inclusive, faster and better was the driving force behind the investment.
The funding round will facilitate the company’s GTM initiatives aimed at accelerating customer acquisition and strengthening key partnerships. Commenting on the funding round, Tarvinder Kaur, Co-founder & CEO of PMaps said, “In today’s digital-first world, traditional or text-based candidate assessments are suboptimal as they are time-consuming, easily manipulated and assume the candidate knows reading.”
She further added that considering the influx of applications recruiters receive these days, PMaps visual-based assessment is the need of the hour as it measures candidate competence in less than 11 minutes. This capital infusion is nothing short of a vote of confidence in PMaps’ performance and direction.
The company said in a statement that PMaps is a user-oriented visual-based candidate assessment platform that harnesses the power of data and human sciences to meet the needs of the modern employer.
Founded in 2015, PMaps leverages modern capabilities of psychological science, data analytics and information technology for remote hiring processes.