Awign raises pre-Series B funding
Awign Enterprises Pvt Ltd, which operates a work fulfillment platform focussed on gig workforce and last-mile delivery, has raised an undisclosed sum as part of a pre-Series B round of funding, the company said on Friday.
Participating investors in this exercise include existing backers such as Unitus Ventures, the Michael & Susan Dell Foundation (MSDF), and Eagle10 Ventures.
Awign was set up in 2016 by Annanya Sarthak, Gurpreet Singh, and Praveen Shah. The company says it fulfills on-the-ground work required by businesses through a network of skilled and trained gig workers.
It says clients are billed on outcomes instead of a work hours basis and that its clients operate in sectors including education-technology, hospitality, e-commerce, mobility, information technology, and financial technology.
It will use the capital it has raised to increase its presence in more than 15,000 pin codes across the country and execute 10 million tasks in two years and introduce new products to adapt to business demands.
