WorkIndia, a geo-positioning based product company in the blue/grey collar segment, has raised an undisclosed amount of funding from BEENEXT, a Singapore-based early stage technology fund, the company said in a press note.
WorkIndia will use the funding for enhancing the technology product for automating the employer-employee matching process.
“The founding teams passion on providing livelihoods at a mass scale, coupled with the balanced founding team composition between technology experience and business experience was our rationale behind backing the WorkIndia team,” said Teruhide Sato & Dirk Van Quaquebeke, co-founders of BEENEXT.
In Oct 2015, WorkIndia had raised $500,000 funding in pre-Series A funding led by Citrus Pay founder Satyen Kothari, Venture Works India founder Keshav Sanghi, and Discovery Capital founder Riddhesh Gandhi. Some undisclosed investors also participated in the round.
WorkIndia helps job seekers in the blue/grey collar segment find jobs based on their skills. Its founding members include Kunal Patil, Ajay Kumar, Nilesh Dungarwal, Moiz Arsiwala, Aashish Mittal and Jatin Jakharia.
VC firm BEENEXT was founded by ex-entrepreneurs Teruhide Sato (founder of BEENOS, Japan), Dirk Van Quaquebeke & Hiro Maeda. It has invested in around 40 companies in India and South Asia. Some of its investments include in the companies like PepperTap, CitrusPay, KartRocket and NoBroker.