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Business Standard
05-08-2025
- Business
- Business Standard
TurboHire raises $6 mn Series A to scale AI-led hiring platform globally
Recruitment automation platform TurboHire, which leverages artificial intelligence (AI), has raised $6 million in Series A funding, led by homegrown venture capital firm IvyCap Ventures. With this investment, the company aims to scale its global expansion, strengthen product capabilities, and deepen its integrations with human resource technology ecosystems. The platform is already in use in more than 120 enterprises, including Cipla, Tata Motors, PwC, Lenskart, Britannia, and conglomerates like RPG Group, Motilal Oswal Group, and ANI Technologies (Ola). It delivers strategic hiring outcomes across all recruitment scenarios, from high-volume walk-ins to senior executive hiring, the company said. Founded by Deepak Agrawal, Rakesh Nayak, and Gaurav Kumar in 2019, TurboHire uses AI to enhance hiring speed and accuracy while reducing time-to-hire and manual effort. Speaking on the fundraising, Agrawal, Chief Executive Officer and Co-founder of the firm, 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 same, Vikram Gupta, Founder and Managing Partner of 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.' Another AI-powered recruitment platform, also recently raised an undisclosed amount of funding from LemmaTree. The firm facilitates the hiring of blue-collar workers in food, grocery, quick-commerce, and e-commerce delivery sectors.
Epoch Times
09-05-2025
- General
- Epoch Times
Thousands Celebrate World Falun Dafa Day With Massive Parade in New York
NEW YORK—Thousands of Falun Dafa practitioners marched across Manhattan in a parade on May 9, celebrating 33 years since the spiritual practice was introduced to the public, now known as World Falun Dafa Day. Starting in a rain that ranged from a drizzle to a downpour on the east side of the city at the gateway to the United Nations, Dag Hammarskjöld Plaza, on 47th Street, the parade route ran through midtown, ending just before the Chinese Consulate on 42nd Street by the Hudson River. Falun Dafa, also known as Falun Gong, is a spiritual practice guided by the principles of truth, compassion, and tolerance, and incorporates five meditative exercises. It became immensely popular after it was introduced to the public in China in 1992, and by the decade's end, official estimates put the number of Chinese practicing Falun Gong at 70 million to 100 million. The Chinese Communist Party (CCP), perceiving the popularity of the peaceful practice as a threat to its rule, launched a violent persecution against Falun Gong practitioners in 1999. Despite the ongoing persecution that often extends overseas, people in more than 100 countries have taken up the practice, and colorful celebrations are held around the world around May 13 every year to commemorate the anniversary of Falun Gong's introduction to the public and counteract the CCP's propaganda about the practice. The parade included a marching band, waist-drum players, dragon and lion dances, colorful banners and flags with messages such as 'truth, compassion, tolerance' in many languages, Falun Gong practitioners demonstrating the meditative exercises, and a section supporting the now 466 million-plus people who have renounced their membership in the CCP and its affiliated organizations. 'I want people to know the truth [that] Falun Dafa is based on truthfulness, compassion, and tolerance, and [let] people know how beautiful this practice is and how I personally benefitted from following these principles,' Rakesh Nayak, a Falun Gong practitioner participating in the parade, told The Epoch Times. Related Stories 5/5/2025 4/29/2025 Nayak said he grew up Hindu in Mumbai, India, and had gone to countless temples but was never taught the virtues of living by truth, compassion, and tolerance. When he first discovered Falun Gong 15 years ago, Nayak said, he had been living in an apartment filled with some 20 religious figures. Despite this, he said, he was a short-tempered man and often angry. When he heard Falun Gong taught the principles of 'truth, compassion, and tolerance,' it felt like the most natural thing, he said, and he began to live by these principles. After taking up the practice, he changed, he said, so much so that his mother and sister were surprised and took an interest in the practice. He said the principles led him to always speak the truth, think of others first and compassionately, and view tribulations he comes across in a different light. Holding a banner emblazoned with these three principles in the parade, Nayak said he hoped people could see Falun Gong for what it is and not be misled by the CCP's propaganda.
