Tiger Global-led $100M investment makes Apna India’s fastest unicorn

Tiger Global-led $100M investment makes Apna India’s fastest unicorn

A 22-month-old start-up that is helping countless blue- and gray-collar employees in India discover new abilities and discover tasks has ended up being the youngest firm to join the desired unicorn status in the world’s second-largest internet market. Apna announced on Thursday that it has actually raised $100 million in a round led by Tiger Global. The […] Owl Ventures, Insight Partners, Sequoia Capital India, Maverick Ventures and GSV Ventures also participated in the new round, which is the 3rd investment protected by Apna this year. The Apna app permits these employees to find out brand-new skills to end up being qualified for more work opportunities. Parikh stated Apna will continue to broaden to more cities in India and by early next year, Apna will start its international growth.

Tiger Global in speak with make Apna India’s fastest unicorn

Tiger Global in speak with make Apna India’s fastest unicorn

Apna, a 21-month-old start-up that is helping countless blue- and gray-collar employees in India upskill themselves, discover neighborhoods and land jobs, is inching closer to becoming the fastest tech firm worldwide’s second-largest internet market to end up being a unicorn. Tiger Global remains in advanced stages of talks to lead a $100 million round […] If the round materializes, Apna will become the youngest Indian startup to obtain the much-coveted unicorn status. Apna founder and chief executive Nirmit Parikh, an Apple alum, declined to comment on Tuesday. As of June this year, Apna had collected over 10 million users and was assisting in more than 15 million job interviews each month. The financial investment talks even more highlight Tiger Global’s growing interest in India.

Apna raises $70 million to help workers in India safe and secure tasks

Apna raises $70 million to help workers in India safe and secure tasks

Indian cities are house to numerous millions of low-skilled employees who come from villages in search of work. A number of them have actually lost their tasks amidst the coronavirus pandemic that has actually slowed a number of economic activities in the world’s second-largest internet market. Apna, a start-up by an Apple alum, is helping millions of such blue […] Insight Partners and Tiger Global co-led Apna’s $70 million Series B round, which valued the startup at $570 million. Apna is building a scalable networking infrastructure, something that does not currently exist in the market, so that these employees can connect to the right companies and secure tasks. The workers employees India” already currently a champion in them, we are just helping assisting find discover,”said Stated Parikh, founder and chief executive of Apna.”Companies are engaging with Apna at a quick speed to assist find high quality skill with low friction which is leading to best in class customer complete satisfaction ratings.

Apple alum’s jobs app for India’s employees raises $12.5 million

Apple alum’s jobs app for India’s employees raises $12.5 million

A startup by an Apple alum that has become house to countless low-skilled workers in India said on Tuesday it has raised an additional $12.5 million, just five months after protecting $8 million from high-profile financiers. One-year-old Apna said Sequoia Capital India and Greenoaks Capital led the $12.5 million investment in the start-up. Existing […] More than 6 million low-skilled employees such as motorists, delivery personnel, electricians and beauticians have actually signed up with Apna to find jobs and upskill themselves. Throughout this duration, there have actually been 60 million interactions between recruiters and potential candidates, he stated. As is the case elsewhere, millions of people lost their income in India in the previous year as coronavirus shut lots of companies and employees moved to their homes. …

Apple alum’s jobs app for India’s workers secures $8 million

Apple alum’s jobs app for India’s workers secures $8 million

Javed, a middle-aged male, worked as a motorist prior to losing that job earlier this year as coronavirus spread across India, triggering New Delhi to impose a nationwide lockdown and briefly curb numerous organisation activities. There are countless individuals like Javed in India today who have actually lost their income in current months. They are low-skilled […] There are millions of people like Javed in India today who have actually lost their income in current months. “An electrician would end up working years doing the very same task. In the last month, Parikh stated Apna has actually assisted in more than 1 million task interviews– up more than 3X month-on-month. …