Professional networking platform Apna raised 100M; Became the youngest startup in India to enter the Unicorn Club

The professional networking platform for blue and gray collar workers raised $ 100 million in the Tiger Global-led Series C funding round.

The round was attended by Owl Ventures, Insight Partners, Sequoia Capital India, Maverick Ventures and GSV Ventures. With this round, you have received a total valuation of $ 1.1 billion and have become the youngest and fastest startup in India.

The company plans to use the investment to further strengthen its presence in the existing 28 cities and expand to the whole of India by the end of 2021. The company plans to double on its Adtech platform to enhance skills and invest in creating exceptional talent and world. -Class engineering and production capacity. Next year, our focus is on building global enterprises by entering new markets such as the US, Southeast Asia and the Middle East and Africa.

Look for skills, education, experience, jobs for your job seekers, call the employer directly, schedule interviews and get hired. The platform allows employers to post jobs, interact with candidates, schedule interviews and hire. There are more than 70 communities for skilled professionals including carpenters, painters, telecallers, field sales agents, delivery staff, among others.

Our communities have enabled users to expand their business networks, upskill through peer learning, and explore gigantic opportunities. Communities have enabled 17 million peer-to-peer business conversations in the past month.

Founded in December 201 by former Apple executive Nirmat Parekh, the Bengaluru-based startup claims to meet the urgent and critical work needs of India’s top companies. The list includes Zomato, Burger King, Bharti-Axa, Dilliwari, TeamLease, G4S Global, Swiggy, Shadowfax and 1mg others.

Speaking about the platform and how it would be useful for the latest investment company, its founder and CEO Nirmit Parikh said,

“We have a deep social purpose and are committed to finding and creating opportunities to raise a billion livelihoods in the geographical area. With the continued support of our partners, our goal is to accelerate our journey of ‘solving for the world’.”

The startup has created a platform that provides a community of these workers. In the community, they engage with each other, exchange notes for better performance in interviews, and share tips for negotiating better compensation. When candidates fail the interview, motivate your candidates to learn specific skills. It classifies 4,000 skills, many of which have been taught or developed at home by partners.

Griffin Schroeder, a partner at Tiger Global, said in a statement:

“Apna’s viral adoption is driven by a new social and interactive approach to connecting employers with job seekers. We expect job seekers to explore meaningful connections and opportunities for their continued explosive growth in India and around the world.”

The partnership with Owl Ventures, the largest venture capital organization focused on education technology, will help further its global ambitions in the skills space.

Amit Patel, Managing Director, Owl Ventures, also commented,

“We believe that companies have the potential to fundamentally change the way they hire skilled professionals and how these individuals move into networking and upskilling … including the education and upskilling offerings to achieve strong results for our user community, creating one last – in one solution. Individuals have the potential to help in their careers and not just in a single interaction. They are building frequent dialogue and trust on their platform that can have a serious impact not only on India but also on the global talent environment. “

We have partnered with organizations like National Skills Development Corporation, UNICEF Youth, Truecaller, ExxonMobil and the Ministry of Minority Affairs of India to provide excellent skills and job opportunities to the candidates.

The latest round comes three months after the company raised सी 70 million in its Series B round in June, jointly by Insight Partners and Tiger Global. At the time, our value was 70 570 million.

About the author

Author: Shalini Pathak

Shalini Pathak is a Staff Writer at EdTechReview (ETR) – India’s leading edtech media and community. She has four years of experience in the media, covering various beats. Like all writers, she is first and foremost an avid reader who loves to create box of content and has the ability to write on any topic. As part of the ETR team, she will focus on the latest Adtech startup stories and their funding from the Adtech industry.

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