Apna.co raises $12.5 million fresh funding

Bengaluru: Apna.co, a recruitment and professional networking platform, has raised $12.5 million (around Rs 92 crore) in a fresh funding round from a clutch of existing investors.

The round in Bengaluru-based Apna.co has been led by Sequoia Capital India and Greenoaks Capital, with participation from Lightspeed India and Rocketship.vc, it said in a statement.

The fund infusion comes after Apna.co in September last year raised $8 million (around Rs 58 crore) in a Series A exercise. That round was led by Lightspeed India and Sequoia Capital India.

Apna.co, operated by Apnatime Tech Pvt Ltd, was set up in 2019 by Nimrit Parikh. The company says its platform helps blue and grey-collar workers access professional networking and skilling opportunities.

The startup will use the capital raised in this fresh funding round to strengthen presence in existing markets, expand to new geographies, recruit talent, as well as build out engineering and product capabilities.

The startup says it partners with companies including Zomato, Urban Company, and Kirloskar. Currently, the startup has a presence in seven regions including Mumbai, Delhi-NCR, Bengaluru, Jaipur, and Ranchi.