Gurugram-based recruitment startup GetWork has raised Rs 7 crore in a Pre-series A funding round led by Samarthya Investment Advisors, NVS Wealth Managers, and Artha Venture Fund.
The pre-Series A round also saw participation from NVS Wealth Managers and other angel investors, including Pravin Agarwala (Betterplace), Shuchi Kothari (Health & Glow and DSP Group Family Office) and Saurabh Garg (NoBroker), among others.
The startup plans to use the raised capital for geographical expansion and onboard 2,500 colleges and 12,000 employers on the platform.
Launched in 2019 by Rahul Veerwal, GetWork is a B2B SaaS platform for colleges to place their fresh graduates directly into start-ups and corporates. The startup creates individual profiles for each student and then maps job opportunities from employers on its platform based on students’ respective skill sets and experience.
Rahul Veerwal, Founder, GetWork, said, “Over 42,000 colleges and training schools add 1.2 crore fresh graduates to the working population every year. However, there isn’t a single platform that provides specific tools, guidance, and job opportunities to fresh graduates from tier 2 and tier 3 colleges. GetWork’s placement platform and GetWork Club focus on solving this massive problem. This funding round brought onboard an exciting set of investors who will help us scale the GetWork platform pan-India over the next 18 months.”
Jatin Karani, Co-Founder and Partner, Samarthya Investment Advisors, said, “The incumbent recruitment platforms focus on experienced candidates. They have not been able to cater to the specific needs of fresh college graduates and placement cells of tier 2 and 3 colleges. This is where GetWork has built a robust and innovative platform that aids in the discoverability of fresh talent from these colleges by connecting them to recruiters looking for specific talent for their pan-India job openings.”
Source @Indianstartupnews
