News: Xiaomi invests Rs 42 Cr in blue collar recruitment platform WorkIndia

HR Technology

Xiaomi invests Rs 42 Cr in blue collar recruitment platform WorkIndia

The five year old platform claims that it has 2.1 crore unique app sessions per month, 1.5 crore registered job seekers and a presence in 763 cities across India.
Xiaomi invests Rs 42 Cr in  blue collar recruitment platform WorkIndia

Blue collar recruitment platform WorkIndia has raised Rs 42 Cr from Xiaomi. Previous investors of WorkIndia who have done multiple investment rounds in the company include marquee VC investors such as Beenext Pte ltd, an active global investor with investments in multiple countries globally;  Taniya, Chairman, Asuka Investments, a top hedge fund in Japan and now Xiaomi, a leading global technology conglomerate.

Kunal Patil & Nilesh Dungarwal, Co-founders at WorkIndia, commented, “Investment in young talent within the company is WorkIndia's key focus. We follow a three-pronged philosophy for our talent grooming - Learn, Earn and Have Fun. There is an extraordinary level of focus on working with amazing team members and learning from them while having fun."

The five-year-old platform claims that it has an unprecedented 2.1 crore unique app sessions per month, 1.5 crore registered job seekers and a presence in 763 cities across India. 

Sharing their objective behind this funding, Manu Jain, Global Vice President, Xiaomi and Managing Director, Xiaomi India remarked, “The cutting edge technology developed by WorkIndia, utilizing geo-positioning and dynamic algorithms, is one of the best in class that we have seen.  The company has created a massive dent in the Indian Blue Collar segment within a short span of time. It is inspiring to see WorkIndia leverage the high smartphone penetration in India and provide an opportunity to people from all segments, working as an equalizer. At Xiaomi, we thrive towards providing innovation for everyone and we see significant future potential in WorkIndia.”

Candidates can browse through job opportunities that match their skills and geo-location and apply through a single click or a call on the WorkIndia App. 

WorkIndia's significant rise in India has been catapulted by the surprisingly rapid adoption of online platforms by the blue-collar workers for their job search process. The platform taps into the prevalence of smartphones and cheap data connectivity in the country over the past few years. The Bengaluru based startup aims to provide meaningful livelihoods to the 23.7 crore blue-collar individuals of India using technology as an equalizer.

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Topics: HR Technology, #FundingAndInvestment

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