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. …

Zolve raises $15 million for its cross-border neobank targeted at global people

Zolve raises $15 million for its cross-border neobank targeted at global people

Tens of thousands of specialists and trainees vacate India each year to pursue college and for work. Even after spending months in a new nation, they struggle to get a credit card from regional banks, and end up paying a premium to access a series of other monetary services. Banks in the […] In an interview with TechCrunch, Raghunandan said the startup underwrites the threats, which has allowed banks in foreign nations to extend their services to Zolve consumers. As part of the statement, Raghunandan said two-month-old Zolve has raised $15 million in a seed funding round led by Accel and Lightspeed.”The global person community is largely underserved in terms of access to monetary services and we believe that there is a huge market chance for Zolve. Headquartered in San Francisco and Bangalore, Zolve offers a variety of compelling functions even for those who do not plan to visit a foreign land. If you’re in India, for circumstances, you can use Zolve to purchase shares of business noted at U.S. exchanges….

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. …