Spottabl raises Rs 3.5Cr led by LetsVenture

Spottabl, a SaaS-based HR firm, has acquired Rs 3.5 crore in venture funding from a number of investors.

Spottabl was formed in 2020 and has been self-funded till this first round. The startup intends to use the funds for product development and business expansion.

Vanishri Deshpande, Satheesh KV, and Anupam Choudhari are the founders of this company. Vanishri and Satheesh were both former Flipkart executives.

Commenting on the fundraise, Govind Mundhra, Founding General Partner, Paradigm Shift VC, said, “Spottabl is solving one of the most important challenges prevalent in the startup ecosystem globally — hiring top talent. This problem can be best solved innovatively by those who are well acclimatised with the nuances of hiring in today’s startup ecosystem, and industry veterans like Vani, Satheesh, and Anupam are best suited for this.”

Commenting on the fundraise, Spottabl Co-founder and CEO Vanishri said, “Having worked closely with founders and business leaders for several years, we realised one major pain point persisted. Getting the right talent hired in an efficient and faster way continues to be unsolved.”

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