Post the funding round the company is valued at close to USD 100 million. The current close has been done at Rs 112.5crore with an option built-in to expand the round to Rs 137.5 crore.
The funds raised will be utilized towards enhanced investments on Product Development & Marketing in India, SEA and Middle East markets. This investment will help Monster.com evolve from a Job-board into a Talent Platform delivering full stack experience for both candidates and companies.