FAILDEX失樂園
中文

Fastpad

The business, the turning points, and the decisions behind them.

Founded2017
Event year2021
Cash burnedUS$5M
Some sections are still being researched1 / 4

Sections to complete:02

01 / WHAT IT BUILT

What the company did

Fastpad was a Bangalore, India-based startup founded in 2016 that built cloud-based recruitment management software: the platform managed the entire hiring process from sourcing to onboarding, capturing candidate details, automating workflows, and offering proactive reminders — designed to reduce spam and give companies a quick snapshot of real candidates for better decisions. It raised $120,000, went through an accelerator/incubator in August 2017, and was marked out of business by PitchBook on May 30, 2021.

02 / FAILURE REASONS

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.

03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Fastpad was founded in 2016 in Bangalore, India, to build cloud-based recruitment management software for the hiring process.

  2. Accelerator

    Fastpad went through an accelerator/incubator program in August 2017, having raised $120,000 in funding.

  3. Out of business

    PitchBook marks Fastpad as out of business on May 30, 2021.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN

How the factors connect

  1. 01

    Fastpad was founded in 2016 in Bangalore, India, to simplify hiring with cloud-based recruitment management software covering sourcing to onboarding.

  2. 02

    The startup raised $120,000 and went through an accelerator/incubator in August 2017.

  3. 03

    PitchBook marks Fastpad as out of business on May 30, 2021.