Eduvacancy, a startup that matches teaching and non-teaching staff with educational institutions, has raised $200,000 in angel funding from a group of high-net-worth individuals (HNIs). The one-year-old startup will use the funding for “new recruiting, technology upgrades, further tweaking of the platform and its features, and in regions with good demand for teachers in India, particularly the Gulf Cooperation Council (GCC) region. Expansion. ” the company said on April 18.

The Mumbai-based company claims to have more than 350,000 registered job seekers and more than 12,500 job providers. It has more than 25,000 vacancies in the country’s education sector. Manav Shah, co-founder, and CEO of Eduvacancy, said that the growing education sector needs human resources in the recruitment process. Starting with a very fragmented recruitment process, his company is trying to help organise and smooth the recruitment of teaching and non-teaching staff in India.

India has a vast education market serving more than 300 million secondary and university students. It has approximately 1.5 million schools and 51,000 colleges and universities across state and federal territories.
Shah said Eduvacancy aspires to be India’s preferred one-stop recruitment platform for educational institutions, tech players, HR tech businesses, and job seekers.

Eduvacancy was founded in April 2021 by first-generation entrepreneurs Manav Shah, Nitil Gupta, with entrepreneurial experience in the EdTech sector, and Nikita Shah, with marketing experience. “Last year, we actively listened to educational institution owners and senior academics to understand not only gaps in the recruitment process but also the functionality and delivery experience of our services.

“The initial overwhelming response just confirmed our belief that there is a huge opportunity to tap. We’re now focused on building the right suite of features and delivering a high-quality, consistent experience,” Shah said.
The startup has attracted strong investor interest due to its unique offering, he said.

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Shah said Eduvacancy makes personalised recommendations for registered candidates based on their skills, location, experience, and salary expectations. For senior positions such as Principals, Directors, and Vice-Chancellors, the startup offers a premium, personalized recruitment service.