# Highorbit Career Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/highorbit-career-pvt

- Industry: Internet
- Headquarters: New Delhi, India
- Website: www.iimjobs.com
- Total disclosed funding: $3.3M
- Latest round: Series A (Nov 9, 2016)
- Investors on record: 6

## About

Highorbit Career Pvt. Ltd. operates IIMJobs.com, a digital platform that connects management job seekers with employers across diverse sectors, providing essential recruitment solutions to enhance job placement efficiency.Founded in 2010 and headquartered in New Delhi, India, Highorbit Career Pvt. Ltd. specializes in management job recruitment through its platform, IIMJobs.com. The company underwent a significant change in ownership when, in May 2019, Info Edge (India) Limited acquired it for INR 808.2 million. The founder, Tarun Matta, has a history of entrepreneurial ventures, enhancing the company's strategic direction. To date, Highorbit has completed 4 deals, with its most recent transaction occurring in May 2019.IIMJobs.com provides an online platform that focuses on connecting job seekers with management job opportunities across various sectors. Key services include a user-friendly job search interface, real-time application tracking, and notification systems for job openings. The platform caters to professionals, recruiters, and educational institutions, serving key markets such as India, Southeast Asia, and parts of the Middle East, with a diverse audience including MBA graduates and experienced managers.In 2021, IIMJobs.com reported revenue of INR 2,915,894.20 with an EBITDA of INR 397,753. The company generates income primarily through subscription-based services for recruiters and partnerships with educational institutions, facilitating job postings and candidate access in a structured B2B revenue model.Looking ahead, Highorbit Career Pvt. Ltd. plans to expand its offerings and geographic presence. Following the acquisition by Info Edge (India) Limited, the company aims to enhance its platform with new features set to launch by mid-2024. Additionally, it seeks to penetrate emerging markets in Southeast Asia and the Middle East by the end of 2025. The recent funding of INR 808.2 million will be utilized to support product development and market entry strategies, reinforcing IIMJobs.com's position in the competitive recruitment landscape.

## Funding rounds

- Series A, Nov 9, 2016, $2M — India Quotient, Calcutta Angels, Tracxn Labs
- Angel, Apr 30, 2012, $0.2M — India Venture Partners, One97 Communications
- Seed, Jun 1, 2011, $1.1M — Morpheus Gang

## Investors

- Morpheus Gang (https://capitalatlas.ai/funds/morpheus-gang) — Seed
- India Venture Partners (https://capitalatlas.ai/funds/india-venture-partners) — Angel
- One97 Communications (https://capitalatlas.ai/funds/one97-communications) — Angel
- India Quotient (https://capitalatlas.ai/funds/india-quotient) — Series A
- Calcutta Angels — Series A
- Tracxn Labs — Series A