WorkIndia Secures Rs 97 Crore to Revolutionize Blue-Collar Recruitment

Recruitment platform WorkIndia raises Rs 97 crore to upgrade its technology, expand into high-demand regions, and drive innovation. Led by Aavishkaar Capital, the funding will enhance job matching and support the blue and grey-collar workforce, aiming to simplify the job search for millions across India.

Recruitment platform WorkIndia announced on Thursday securing Rs 97 crore in funding aimed at technological upgrades, regional expansion, and driving innovation. This marks a significant move for the company, which specializes in job placements for blue and grey-collar workers.

The Series B funding round was spearheaded by Aavishkaar Capital, contributing Rs 75 crore, with additional backing from existing investor BEENEXT Capital at Rs 22 crore. This financial boost is set to reinforce WorkIndia's role in enhancing job matching between employers and candidates.

Co-founder and CEO Nilesh Dungarwal emphasized the company's growth potential through this investment. With plans to reach more job seekers across India, WorkIndia seeks to simplify and innovate the employment process, particularly benefiting the crucial blue-collar workforce in India's economy.

(With inputs from agencies.)