WorkIndia, a blue collar recruitment platform, has raised Rs42 crore from Chinese electronics company Xiaomi. Previous investors of WorkIndia who have done multiple investment rounds in the company include Beenext and Japanese hedge fund Asuka Investments among others.
The five-year old company claims, it has become India’s largest blue collar recruitment player with 2.1 crore unique app sessions per month, 1.5 crore registered job seekers and presence in 763 cities across India.
Manu Jain, global vice president, Xiaomi and managing director, Xiaomi India, said, “The cutting edge technology developed by WorkIndia, utilising 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.”
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. The app was designed to tap into the prevalence of smart phones and cheap data connectivity in the country over the past few years.
This article was first published on livemint.com.
