TurboHire Raises $6M Series A to Expand Global AI Hiring Platform

TurboHire, a Hyderabad-based AI-powered recruitment automation platform founded in 2019, has raised $6 million in a Series A funding round led by IvyCap Ventures to accelerate its global expansion, enhance product capabilities, and deepen integrations with HR tech ecosystems. The platform serves over 120 enterprises, including Cipla, Tata Motors, PwC, Lenskart, Britannia, RPG Group, Motilal Oswal Group, and ANI Technologies (Ola), providing end-to-end hiring solutions from high-volume onboarding to senior executive recruitment through a single configurable interface integrated with global HRMS systems like SAP SuccessFactors, Oracle HCM, and Workday. TurboHire leverages advanced Agentic AI, intelligent workflows, and seamless HRMS connectivity to improve hiring speed, accuracy, and decision-making while reducing manual effort and time-to-hire. The company’s CEO Deepak Agrawal emphasized that TurboHire is a game changer for enterprises seeking AI-led hiring transformation, and IvyCap Ventures highlighted TurboHire’s strong product-market fit and potential to lead intelligent hiring globally. This funding follows a $2 million pre-Series A round in 2023 and positions TurboHire as a key player in the rapidly growing Indian and global HR tech markets, which are increasingly adopting AI-driven recruiting solutions. The investment reflects growing investor confidence in AI-powered HR technologies reshaping talent acquisition processes worldwide.