Aasaanjobs Raises a US$5 Million Series A Round from Aspada, IDG Ventures India and Inventus (Asia)

Source: Aspada Investment Advisors

Aspada Investment Advisors, an investment firm focused on small- and medium-sized enterprises in India, has led a US$5 million Series A financing round for India-based recruitment service provider Aasaanjobs. Venture capital firms IDG Ventures India and Inventus Capital Partners also participated in the round. Aasaanjobs will use the new capital to further automate its recruitment marketplace and expand to other cities.