Hyderabad, India August, 05th, 2025: 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 funding round reinforces TurboHire’s position as a category-defining solution transforming hiring with advanced Agentic AI, intelligent workflows, and seamless HRMS connectivity. The platform is already trusted by over 120 enterprises including Cipla, Tata Motors, PwC, Lenskart, Britannia, and major conglomerates like RPG Group, Motilal Oswal Group, and ANI Technologies (Ola). TurboHire delivers strategic hiring outcomes across all recruitment scenarios— from high-volume walk-ins to senior executive hiring —through a single, configurable platform.
Founded by Deepak Agrawal, Rakesh Nayak and Gaurav Kumar, TurboHire solves the long-standing challenges of inefficiency and rigidity in enterprise recruitment. With AI at its core, it enhances hiring speed, accuracy, and decision-making while drastically reducing time-to-hire and manual effort. The platform integrates effortlessly with global HRMS systems including SAP SuccessFactors, Oracle HCM, and Workday.
In this regard, Deepak Agrawal, CEO & 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 organizations 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.”