September 8, 2021

BigLeap Raises 7 Million USD for BigLeap.AI - A Stealth Mode HR Product

Hyderabad, India, 23rd 2021: Hyderabad-based HR Staffing, Payroll and Recruitment firm BigLeap, today announced raising 7 million USD (INR 5 Crores) in debt fund from Champion Roller Skating Athlete and Arjuna Award Winner, Anup Kumar Yama and others for its BigLeap.AI initiative, a stealth mode HR product to ease the job search experience. 

The fund will be used to boost the soon-to-be-launched BigLeap Artificial Intelligence App, “BigLeap.AI”, based on Mobile/Web applications, to help hyper-local jobseekers tap into active vacant jobs in various business sectors. The BigLeap.AI app will continuously congregate jobs that are available across sectors and host a registry for jobseekers on an effective basis.

To begin with, the company promises a minimum registry of 2,500+ job postings, posted by multi-sector businesses located around the Telangana region. Currently, the app is in ALPHA mode and is being used by the BigLeap clientele. It will be available for public and the commercial rollouts during September this year.

Launching the BigLeap.AI logo, Shri. Jayesh Rajan, Principal Secretary, I&C and IT, Government of Telangana said, “Today, where everything is on-the-go, jobseekers need to have constant and quick access to employers as well as the latest jobs announced. This app is well-timed and addresses the concerns of millions of jobseekers in these difficult times, to find jobs that intelligently match their profile with a click.

“What excited me the most is the ability of BigLeap.AI to crunch and simplify the complex job finding environment. It solves the human search-difficulty by combining the strengths of human and artificial intelligence with the click of a button. I foresee great potential, and BigLeap is poised to lead this niche business market!” expressed Anup Kumar Yama.

“The unique User Interface and key user aspect of the BigLeap.AI app is that users will be able to find jobs available in and around a particular locality that match their work profile.” stated Vinay Kotra, Co-Founder and Director, BigLeap.

“The idea behind developing the app is to enable jobseekers on the path of finding their perfect job easily. We have and will continue to build a large repository of open jobs and vacancies. You can save jobs, apply within the app, and even be notified of new positions matching your needs and skills.” Vinay added, explaining the benefit of downloading and using the app.

BigLeap Technologies founded in 2015 by Vinay Kotra, James Johnson, Manoj Yadav Thummala, and Sainath Goud Malkapuram have operations and a presence in 22 states and 18 ESI compliant territories, including Hyderabad, Chennai, Bangalore, New Delhi NCR, and Mumbai.

As the coronavirus pandemic continues, finding jobs has become hugely challenging for those having lost their jobs and those seeking jobs. BigLeap.AI is targeted to solve this problem. The app will initially cater to the population in Telangana and will soon cover other geographies in India.

According to a recent study, 8 of 10 employers are actively hiring, with only 4% of employers yet to restart their hiring processes. The survey also stated that 61% of large enterprises anticipate to fill 500+ positions, 45% of mid-sized companies expect to fill around 500 positions, and 61% of small businesses forecast to fill less than 150 positions in the year 2021.

Banking, eCommerce, Insurance and Financial Services, and IT/ITeS sectors expect their hiring numbers to go up. Among cities, Hyderabad tops the list of employment, with 100% of respondents saying that they are actively hiring. 

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