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WorkIndia raises Rs 24 crore to expand in international markets

Franchise India Bureau
Franchise India Bureau May 01 2019 - 1 min read
WorkIndia raises Rs 24 crore to expand in international markets
The fresh capital will be used by the startup to expand business in areas and in selected international markets.

WorkIndia has raised Rs 24 crore from BEENEXT, Singapore, and Mamoru Taniya, Chairman of Asuka Asset Management, Japan. This is the sixth funding round for the Bengaluru-based startup.

The fresh capital will be used by the startup to expand business in areas and in selected international markets. The company, which is a technology marketplace in the blue and grey collar recruitment segment, will also use the money on expanding its team.

Dirk Van Quaquebeke, Co-Founder of BEENEXT, said, “We have been investing in WorkIndia for the past 3 years and will continue to do so, given the high-growth and the cutting-edge technology products developed by WorkIndia.”

Kunal Patil, Co-Founder, WorkIndia, stated, “The blue and grey collar segment is already online for satisfying their various consumption needs, for example, Youtube and other video apps for entertainment, WhatsApp for communication and DailyHunt for their current events. It is thus natural that, for recruitment too, they are rapidly moving online.”

Jatin Jakharia, Co-Founder of WorkIndia, further said, “The challenge of expanding business while still growing brings with it opportunities for young talent, and WorkIndia has devised a simple three-pronged company culture and philosophy to attract and nurture them. It goes as: Learn, Earn and Have Fun.”

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