Funding Alert

Blue & Grey-Collar Job Portal WorkIndia raises $12 Mn in Pre-Series B Funding led by SBI Holding, Yamauchi, others

• ByStartupStory     |    January 11, 2023

WorkIndia, a Bengaluru-based blue and grey-collar job portal, has raised $12 million in pre-Series B funding from SBI Holdings, Tokyo, Nintendo’s founding family, Yamauchi No.10 Family Office, eyewear company Persol, and investment firm Insitor. 

“With the new round of funding, WorkIndia will further strengthen its product and data science capabilities including entry into the yet untapped Southeast Asian blue-collar market,” Kunal Patil, Co-founder, and CEO, WorkIndia said. 

“Under the situation where job seekers have to call employers over the phone to get a job in India, the filtration of the calls which makes every call meaningful is extremely crucial for both the job seekers and employers to save time and cost. WorkIndia’s unique relevance matching system between job seekers’ skills and employers’ needs, based on full, partial, and waterfall matching has done a phenomenal job in this respect,” Tomoyuki Nii, Director of SBI Investment Co., Ltd, said.

WorkIndia founded by Kunal Patil, Nilesh Dungarwal, and Moiz Arsiwala  in 2015 operates in 772 cities across 28 states and eight union territories. The platform employs technology to digitize the hiring process while also preventing hiring fraud. WorkIndia claims to have successfully provided employment opportunities to over 29 million Indians.

 

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