Fundraising Fox

Pesto Tech

Founded 2018 · 59 employees on LinkedIn · 3 known investors

Pesto is an AI-based hiring platform that matches companies with pre-vetted, screened software developers. Employers answer a short questionnaire and receive a curated shortlist of candidates to interview and hire.

Also known as Pesto · PESTO TECH (INDIA) PRIVATE LIMITED

Founders & leadership

Pesto Tech was founded in 2018 by Ayush Jaiswal.

AJAyush Jaiswal
Ayush JaiswalinFounder

Investors · 3

Company profile

researched Aug 2026

Pesto Tech operates a remote-developer hiring platform that positions itself as an "AI recruiter." Companies answer five questions about their requirements, book a call, and receive a curated shortlist of pre-vetted developers (the site variously describes the top 4 and the top 10 matches) to interview. Developers are screened by an AI tool on quality-based parameters such as code quality, code accuracy, performance and security, data modelling, design patterns and language proficiency, and are then pre-interviewed and shortlisted by Pesto's senior developers; the company describes a vetting process that filters out 99% of applicants. Candidates are presented through a structured profile covering repositories, projects, tech stack, assessment score and experience.

Beyond matching, Pesto handles the employment layer: pre-negotiated salaries, global HR and compliance paperwork, payroll, health insurance logistics and work-from-home setup. Engagements can be full-time permanent or contract, for any duration. The company claims recruitment time reductions of nine weeks and hiring cost savings of up to 87%.

On the supply side, Pesto runs the Pesto Fellowship, a 10-month paid coaching program for developers with at least one year of professional experience. It includes 150+ hours of instructor-led live classes, 150+ hours of assignment practice, 50+ hours of one-on-one mentorship (about 90 minutes weekly with a coach), a curriculum spanning web fundamentals, data structures and algorithms, React/Redux/Jest and Node.js/DBMS/system design, side-project work, 8+ mock interviews, career coaching, tool discounts and community access. The program is offered with a two-week trial and a 14-day money-back option. Inc42 categorises the company under enterprise tech/edtech and describes it as having initially focused on equipping Indian software developers with skills for international job opportunities before refocusing.

Founding story

Co-founder Ayush Jaiswal taught himself graphic design and coding, entered an engineering college in Delhi where he started his first venture, then dropped out to pursue entrepreneurship full time, founding a series of startups while working as a digital nomad before Pesto. Inc42 dates the company's founding to 2018 and names Andrew Linfoot, Ayush Jaiswal and Rahul Jaimini as founders.

Business model

Two-sided: Pesto vets and coaches developers and places them with employer clients, acting as the contracting and compliance layer for the resulting hires while also selling paid coaching to developers.

For employers, no upfront recruiting or contractual fees; Pesto charges only after a hire is made, on a recurring month-to-month basis. For developers, the fellowship is sold as a one-time program fee of about ₹1.8 lakh inclusive of taxes, payable in flexible EMIs starting at ₹7,500 per month, with a 14-day money-back option and a two-week trial.

Traction

Inc42 reports FY25 revenue of ₹4.1 crore (versus ₹10.7 crore in FY24), an employee count of 61, monthly web traffic of roughly 11,190 visits and a Glassdoor rating of 3.30 from 28 reviews. The company publishes alumni outcomes from fellowship cohorts graduating between 2019 and 2021, citing salary increases ranging from roughly 196% to 5,200% and placements at companies including Flipkart, Airmeet, Leap Finance, Alloy Automation, MightyByte, Sana Benefits and 101 Edu, and references a report on its top 100 developers.

Latest developments

The website, carrying a 2024 copyright, markets the AI recruiter matching product alongside the fellowship and publishes podcast episodes. Inc42 reports FY25 revenue of ₹4.1 crore, a 62% decline from FY24.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

An early-stage, seed-funded company in the developer hiring and upskilling market, reported by Inc42 as having raised about $2 million total and generating ₹4.1 crore revenue in FY25, down from ₹10.7 crore in FY24.

Positions itself as the first AI recruiter for remote developer hiring, combining automated candidate screening and matching with human pre-interviews, no upfront fees, a stated 99% rejection rate in vetting, and bundled HR, compliance, payroll and equipment handling. Unsatisfied clients can terminate with a month's notice and be rematched at no additional charge.

Technology

An AI screening tool that evaluates remote developer candidates on quality parameters including code quality, code accuracy, performance and security, data modelling, design patterns and language proficiency, producing assessment-scored profiles used for automated matching to employer requirements; human senior-developer pre-interviews sit on top of the automated layer.

Go-to-market

Inbound demo requests and consultative calls with hiring consultants on the employer side; on the developer side, cohort-based fellowship recruitment supported by alumni case studies, social advertising, podcasts ("Tiny World", "Humans of Pesto"), community events and mentor content.

Startups and technology companies hiring remote software developers (referenced clients/testimonials include Clipboard Health, Opyn, Hetu Labs, REO and Parcel Inc), and experienced software developers — largely in India — seeking remote roles with international employers.

Geography

Registered in India as Pesto Tech (India) Private Limited, with Inc42 listing a San Francisco, California association; co-founder Ayush Jaiswal oversees India operations from New Delhi. Developers are sourced remotely from locations worldwide and placed with international employers.

History

The company states it has been working to give global talent visibility since 2017 and was, per Inc42, founded in 2018 as an intensive training program aimed at upskilling Indian software engineers for borderless job opportunities. Inc42 records two early-stage seed rounds, in May 2019 and October 2020, and reports the business subsequently refocused; the current site leads with the employer-facing AI recruiter product while continuing to operate the Pesto Fellowship for developers.

Risks & controversies

Reported revenue fell 62% year over year, from ₹10.7 crore in FY24 to ₹4.1 crore in FY25, and headcount declined about 3.17% over a trailing 90-day period with website traffic down 5.87% over 30 days, per Inc42. Public source details are inconsistent: Inc42 variously gives headcount as 61 and 112 and headquarters as both San Francisco and India, and its founder list differs from the single founder recorded elsewhere. The company's own site shows conflicting descriptions of the shortlist size (top 4 versus top 10), and its About page is marked as a work in progress.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Employee countJan 202661 employees
Fellowship program lengthJan 202410 months
Fellowship program priceJan 2024180,000 INR
Glassdoor ratingJan 20263.3 out of 5 (28 reviews)
Hiring cost savings (company claim)Jan 202487%
Monthly web trafficJan 202611,190 visits
Reduction in recruitment time (company claim)Jan 20249 weeks
Total funding raisedOct 2020$2M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Jan 2024
Pesto Fellowship developer coaching program

A 10-month cohort program for developers with 1+ years of experience, offering 150+ hours of live instruction, 150+ hours of assignments, 50+ hours of one-on-one mentorship, side projects, 8+ mock interviews and job support, with a two-week trial.

source ↗

Oct 2020
Undisclosed seed round with Remote First Capital and others

Inc42 lists a seed / early-stage round announced 7 October 2020 for an undisclosed amount, with Remote First Capital and nine further investors.

source ↗

May 2019
Seed round with Z47 and others

Inc42 lists a seed / early-stage round announced 1 May 2019 of $2.00 Mn with Z47 and five further investors.

$2M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Pesto Tech do?
Pesto Tech runs an AI-assisted platform that matches companies with pre-vetted remote software developers, plus a developer fellowship.
Who founded Pesto Tech?
Pesto Tech was founded by Ayush Jaiswal in 2018.
Who are Pesto Tech's investors?
Pesto Tech's investors include Spacecadet Ventures, Vibe Capital, Earl Grey Capital.