Third Bracket, a smart hiring platform leveraging AI to streamline recruitment, has raised ₹5 crore in a seed funding round backed by a group of high-net-worth individuals (HNIs).
The funding will support the company’s efforts to scale operations, accelerate product innovation, and expand its AI-driven engine to meet rising enterprise demand.
Founded in 2023 by Chhandan Chakraborty and Nihar Bose, Third Bracket offers a SaaS-based solution aimed at removing inefficiencies and bias from the hiring process.
Its AI-powered platform handles the early and often time-consuming stages of recruitment—resume authentication, functional skills assessment, and cultural fitment—enabling companies to find the right candidates faster and with more accuracy.
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The company said the fresh capital will help it advance its mission to build intelligent, inclusive, and efficient hiring systems.
By combining skill mapping, predictive insights, and gap analysis, Third Bracket not only helps organizations hire the right talent but also supports employee upskilling and long-term growth planning.
“We didn’t start Third Bracket to just tweak the hiring process—we started it to rebuild it from the ground up,” said co-founder Chhandan Chakraborty. “Talent is a company’s biggest differentiator, yet hiring remains riddled with inefficiencies, bias, and guesswork. This funding allows us to double down on our vision of faster, smarter, and fairer recruitment.”
In just over a year, Third Bracket has gained traction in high-growth sectors like FinTech and IT, working with both unicorn startups and mid-sized enterprises to solve complex talent acquisition challenges.
