A consortium of Middle East investors have acquired stake in the online recruitment platform Bloovo.com for $3 million.
Established in 2016, Bloovo.com is an online recruitment website having around 1,800 employers as of May 2017. It is adopting data science and algorithms in the recruitment process as a means of eliminating the job mismatch problem. (Noble Partners led this investment round along with other investors including ProCapita HR Consultancy and Sulaiman Al Rubaie from Kuwait, Al Shafar, Al Serkal and Al Ghussain families from the UAE and Mohamad Moosa Abdulrahman Investment Office from Oman).
To see listing and email addresses of investors from the Middle East, check the Middle East Investors Directory.
More details follows from Khaleej Times