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Effective URL: https://yourstory.com/2020/08/funding-alert-apnaco-raises-8-million-lightspeed-sequoia
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Effective URL: https://yourstory.com/2020/08/funding-alert-apnaco-raises-8-million-lightspeed-sequoia
Submission: On August 23 via api from IN — Scanned from US
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Menu Go to Home Stories & Media Brands of New IndiaSMB StoryYS GulfHerStorySocialStoryEnterprise StoryThe Decrypting StoryThe CaptableYS LifeYS HindiYS TamilCreators StoryAutoStory Videos YourStory TV Learn YS University More CompaniesYS ClubPartner with UsMyStoryYS ResearchCovid Tributes Events All EventsTechSparks '23 Stay Connected Download YourStory App : Stories Your Story SMBStory YS Gulf HerStory SocialStory Enterprise Story The Captable The Decrypting Story Creators Story YS Life YS Hindi YS Tamil AutoStory Videos Money Matters Daily Dispatch by YourStory C-Suite with Shradha Sharma Human Beyond Resources Build and Grow DIGIRUPT Finance Super Shippers All videos Companies Browse Startups List your Startups TechSparks '23 YS हिन्दी YS Gulf Login Funding [FUNDING ALERT] RECRUITMENT STARTUP APNA.CO RAISES $8M FROM LIGHTSPEED, SEQUOIA APNA.CO, A RECRUITMENT PLATFORM FOR GREY AND BLUE COLLAR WORKERS, PLANS TO USE THE $8 MILLION SERIES A FUNDING TO ENTER NEWER MARKETS, HIRE TALENT, AND ADD MORE VERTICALS. Thimmaya Poojary1763 Stories Tuesday September 01, 2020, 2 min Read 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 Founder and CEO Nirmit Parikh -------------------------------------------------------------------------------- ALSO READ Google launches jobs search app Kormo Jobs in India with 2 million verified listings -------------------------------------------------------------------------------- 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. Sign up for our exclusive newsletters. Subscribe to check out our popular newsletters. * indicates mandatory fields 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.” (Edited by Teja Lele Desai) * Just In * Sequoia India * Lightspeed Partners India * Vaibhav Aggarwal * blue collar jobs Share on MOST VIEWED STORIES 1 Startup Tech-based loan aggregator platform SwitchMyLoan raises pre-Series A funding 2 AI Gen From a Casual Trip to Rs.110 Crore Profit: Bert's Burrito Boom in India 3 Daily Capsule PhysicsWallah bets big on skilling; Building next big healthtech startup 4 AI Gen Asian Paints: India’s Biggest Data Science Company that Sells Paint 5 News Delhivery launches digital shipping platform for micro and small enterprises RECOMMENDED STORIES FOR YOU News ZAGGLE GARNERS RS 25 CR FROM VALUEQUEST IN PRE-IPO ROUND August 22, 2023, 2 min Read AI Gen FROM A CASUAL TRIP TO RS.110 CRORE PROFIT: BERT'S BURRITO BOOM IN INDIA August 22, 2023, 2 min Read News ZERODHA FUND HOUSE'S NFO ARRIVES IN 6-8 WEEKS, CATERING TO VARIED INVESTORS THROUGH SIMPLICITY, TECHNOLOGY, AND LOW MINIMUM INVESTMENTS. August 22, 2023, 2 min Read Startup Ecosystem 9 GAME-CHANGING STARTUPS IN INDIA THAT TRANSFORMED INDUSTRIES August 21, 2023, 3 min Read Daily Capsule PHYSICSWALLAH BETS BIG ON SKILLING; BUILDING NEXT BIG HEALTHTECH STARTUP August 20, 2023, 5 min Read AI Gen FROM BORN TO MADE: THE TRUE ESSENCE OF GREATNESS August 18, 2023, 2 min Read AI Gen HOW MISBAH BUILT A RS 2463 CRORE FIRM IN A YEAR – THE UNTOLD STORY August 14, 2023, 2 min Read AI Gen AMBIGA SUBRAMANIAN: BENGALURU'S THIRD WEALTHIEST SELF-MADE WOMAN August 10, 2023, 2 min Read Stories & Media Brands of IndiaSMB StoryYS GulfHerStorySocialStoryEnterprise StoryThe Decrypting StoryThe CaptableYS LifeYS HindiYS TamilCreators StoryAutoStory Events All EventsTechSparks '23 Videos YourStory TV Learn YS University More CompaniesYS ClubPartner with UsMyStoryYS ResearchCovid Tributes About Us Advertise with usMeet the teamCareersContact UsPrivacy Policy Stay Updated Didn't find what you were looking for? 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