WorkIndia raises $12 Mn in pre-Series B round
Blue and grey-collar job portal WorkIndia has raised $12 million in its pre-Series B funding led by SBI Holdings, Tokyo, Yamauchi No.10 Family Office, the founding family of Nintendo, Persol, and Insitor.
The proceeds will be deployed to strengthen its product and data science capabilities including entry into the yet untapped Southeast Asian blue-collar market, WorkIndia said in a press release.
Co-founded by Kunal Patil, Nilesh Dungarwal, and Moiz Arsiwala, WorkIndia is a blue and grey-collar focused job platform that offers employment opportunities across 50 categories like tele-calling, field sales executives, and delivery partners, among others. Driven by technology, the platform has built a recruitment ecosystem that eliminates middlemen, fraudulent jobs, and vulgar jobs, providing job seekers with a platform they can trust when it comes to finding genuine job opportunities.
The Bengaluru-based company says it has spread across 772 cities, 28 states, and 8 union territories in India. The platform caters to the critical hiring needs of over 1.5 million SMBs and multiple large corporations.
WorkIndia leverages a fully automated system rooted deep in dynamic algorithm-based hiring and geo-tagging which matches data demographically, evaluates eligibility, and observes behaviour to suggest relevant jobs effectively.
With over 1.87 lakh job listings, WorkIndia claims to empower 100K Indians monthly by helping them find meaningful jobs.
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