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India – Low-skilled jobs platform Apna raises $12.5 million (TechCrunch)

12 March 2021

India-based Apna, a professional platform that has become home to millions of low-skilled workers in India raised USD 12.5 million, reports TechCrunch. It comes five months after securing $8 million from high-profile investors. One-year-old Apna said Sequoia Capital India and Greenoaks Capital led the $12.5 million investment in the startup. Existing investors Lightspeed India and Rocketship VC also participated in the round in what is an extended Series A. The startup has now raised more than $20 million. More than 6 million low-skilled workers such as drivers, delivery personnel, electricians and beauticians have joined Apna to find jobs and upskill themselves. The startup has become an attraction for several big firms, including Amazon, Flipkart and Swiggy, which have joined as recruiters to hire workers. According to Tech in Asia, Apna said it plans to use the funds to strengthen its presence in its existing markets, expand into new geographies, onboard talent, and bolster its engineering and product capabilities.