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TalentPad raises funds

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Business Standard
TalentPad, an online recruitment platform that connects quality talent with employers in the technology/internet/analytics space, has raised an undisclosed amount in funding from Helion Advisors. This is the first round of institutional fund raising by the company. TalentPad will utilise the funds to fuel its marketing initiatives and bolster its management team. Ritesh Banglani, partner, Helion, will join the board of the company. Cofounded in 2013 by Mayank Jain, Nikhil Vij and Raghav Jain, TalentPad has created a curated marketplace, where only selected companies are allowed to register. Candidates can apply to 100 companies. TalentPad is currently working with 150 companies such as InMobi, MakeMyTrip, Snapdeal, Myntra and BookMyShow. Companies pay a percentage of the gross salary, as fee, for every candidate they hire. The services are free for candidates. "We want to be a one-stop shop for high quality companies scouting for the best tech talent. The funding will help us attract the best talent and the best recruiters to our platform," said Mayank Jain, chief executive officer.

Tatva ropes in Indian Angels
Tattva Spa, a Delhi-based spa chain, has raised an undisclosed amount of funding from Indian Angel Network (IAN). This round was led by IAN investor member Tushar Singh, who will also join the board of the company. Founded by Aditya Kaushal, Anita Kaushal, Karan Goyal and Shipra Sharma, Tattva Spa has partnered with leading hotels to evolve a wellness product. The funding will be used to expand Tattva Spa's network and teams in tier II and III cities.

MediAngels raises $1 million
Mumbai-based Angels Health, which runs MediAngels.com, an online platform that allows patients to consult specialised doctors from across the globe, has raised

$1 million in funding from Ventureast Tenet Fund and Government of India's technology development board. The funds will be used to expand the sales team to get more insurers and corporate clients.
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First Published: Oct 13 2014 | 12:40 AM IST

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