Third Bracket, a smart hiring platform, has raised ₹5 crore in a seed funding round from a group of HNIs.
The funds raised will be used to transform hiring through advanced AI capabilities, improve speed-to-hire and bring significant efficiencies to recruitment. The funds raised will also be used to accelerate product innovation, expand its AI engine that powers smarter, bias-free hiring and scale operations to meet the growing demand from enterprises.
Founded in 2023 by Chhandan Chakraborty and Nihar Bose, Third Bracket is an an advanced SaaS platform with an embedded AI engine that performs the heavy lifting in the front-end of recruitment process from resume authentication to functional skills assessment to cultural fitment of the candidate to the organization, from hiring the right talent and ensuring cultural fitment to upskilling employees and profiling their skills for future growth.
Third Bracket focuses on skill mapping, predictive insights and gap analysis to ensure optimal talent fit and development. It seamlessly integrates technology, data & strategy to help organizations build future-ready workforces.
Over a year, Third Bracket claims to have gained traction in high-growth sectors such as FinTech and IT, partnering with a mix of unicorn start-ups and mid-sized enterprises to solve critical talent acquisition challenges.
Chhandan Chakraborty, Co-Founder, Third Bracket, said, “We didn’t start Third Bracket to just tweak the hiring process—we started it to rebuild it from the ground up. Talent is a company’s biggest differentiator, yet the way we hire is still riddled with inefficiencies, bias and guesswork. This funding allows us to double down on our vision of intelligent, inclusive and fast hiring—designed for modern teams. We’re not here to match résumés to job descriptions—we’re here to ensure every hire is the right hire while saving time and cost involved in talent acquisition.”
