Technology recruitment marketplace WorkIndia raises funding from BEENEXT

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.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.