News: HR Tech startup GetWork raises Rs 30 Lakhs in pre-seed round

HR Technology

HR Tech startup GetWork raises Rs 30 Lakhs in pre-seed round

The funds from the pre-seed round will be used to enhance the GetWork Recruit candidate-matching AI engine.
HR Tech startup GetWork raises Rs 30 Lakhs in pre-seed round

HR Tech startup GetWork, which is on a mission to democratize job opportunities for GenZ college students by training them on in-demand industrial skills, raised 30 lakhs investment from Rudraksh Ventures, founded by Angel Investor Munish Bhatia, ex-Aon Hewitt & DXC Technologies. 

The funds from the pre-seed round will be used to enhance the GetWork Recruit candidate-matching AI engine. These AI algorithms will efficiently reduce the time it takes to source, screen, and shortlist candidates, which at present takes up at least 60-80% of a recruiter’s time. The need for an intuitive platform that prioritizes speed and quality of hires is necessary.

Employers have widely reported the lack of employability skills of their early talent recruits.

Founder, CEO of GetWork & MNNIT Alumnus, Rahul Veerwal said, “There is a need for a platform in the market to facilitate interaction between colleges, companies, and students. This academia-industry collaboration will impact the job market at a macro-level.” 

There are currently 67,000 Students on the platform actively searching for jobs and internships. More than 110+ colleges & universities partnered with GetWork with the likes of NITs, IITs, IIMs, and private establishments. The GetWork Campus module enables colleges & universities to manage their placements and become discoverable to employers. GetWork captures students’ skills, education, and goals to provide colleges with rich insightful data to optimize their placement strategies.

“GetWork robust and strong tech platform which seamlessly brings together both corporate and colleges is differential from all the other players in the market. The ecosystem that Getwork is building will define entry-level hiring in the next 2 years,” said Munish Bhatia, Founder, Rudraksh Ventures.

In April this year, GetWork was onboarded to India Accelerator’s Summer Startup Incubator Program. India Accelerator, a seed-stage tech startup accelerator, based in Gurgaon, Haryana, backed by the global startup network GAN. 

“There is a need for more tech-based solutions like Getwork today in the HR Tech space. India Accelerator is helping Getwork establish itself not just as a hiring platform for corporates but as a market disruptor to bridge the gap between academia and corporates,” stated Ashish Bhatia, Founder, India Accelerator. 

Since its inception in 2019 in Gurugram, this Gurgaon based HR-Tech startup’s network of colleges and employer partners is positively impacting student career options. Corporates, which have been a bit harder to crack due to a multitude of options available in the market, are however also gradually seeing the unique value proposition the tech platform has to offer. How this interest pans out for the startup in days to come remains to be seen.

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Topics: HR Technology, #FundingAndInvestment

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