11.8 C
New York
Wednesday, December 2, 2020
Home Trends Recruitment startup Apna.co raises $8M from Lightspeed, Sequoia

Recruitment startup Apna.co raises $8M from Lightspeed, Sequoia

Apna.co, a recruitment platform for grey and blue collar workers, has raised $8 million in Series A funding from existing investors Lightspeed India and Sequoia Capital India. The round also saw participation from new investors Greenoaks Capital and Rocketship VC

Founded in December 2019 by Nirmit Parikh, Apna.co has created a vertical network for skilled professionals like carpenters, painters, field sales agents etc. This startup claimed that it has more than 1.2 million users engaging on its platform. 

Apna.co, which is present in five cities, plans to use this fresh round of funding to enter newer markets, hire talent, and add more verticals.

Apna.co Founder and CEO Nirmit Parikh said, “Apna’s mission is to connect people with opportunities. We want to uplift workers who form the backbone of the economy and provide them a platform to grow in their career.”

Nirmit is a serial entrepreneur who previously founded Cruxbot (acquired by Kno, Inc, in turn acquired by Intel). He has previously worked at Apple.

Vaibhav Agrawal, Partner at Lightspeed India Partners Advisors, said, “The most powerful thing for me about Apna is its communities — I’ve seen people help each other start a business, learn a new language or find a gig! Communities rely on trust and make the model infinitely scaleable.”

According to Apna, it is creating a platform that goes beyond job opportunities as the users engage with peers to upskill themselves and identify their growth potential. The startup said in the last 30 days, it has facilitated more than one million job interviews, growing more than 3X month on month.

Harshjit Sethi, Principal at Sequoia Capital India, said, “There are over 250 million blue and grey collar workers in India at present and providing meaningful employment opportunities to this segment is one of the biggest challenges. Apna has built a unique product where users quickly come together in professional communities, an unmet need so far.”

Source: Yourstory

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Key route closed as farmers gather at Delhi-Noida border

Hundreds of farmers protesting the new farm laws gathered at a Noida-Delhi border point on Tuesday, stopping traffic movement on a key route connecting...

Ramdev bats for Centre’s new farm laws

Yoga guru Ramdev on Tuesday came out in support of the Centre's new farm laws being stiffly opposed by the farmers, but said the...

Traffic woes continue in Delhi amid farmers’ protest

Serpentine queues of vehicles clogged many roads leading to Haryana and Uttar Pradesh on Tuesday as the Delhi Police kept the Singhu, Tikri and...

Visa Applications For This Country Are Now Open Under The “Flexible, Effective & Simple ” Points-Based System

The United Kingdom's new visa and immigration system based on the points system after Brexit has been described as " effective, simple and flexible"...

Recent Comments

%d bloggers like this: