GetWork, an end-to-end SaaS platform located in Gurugram, has secured Rs 7 crores from Samarthya Investment Advisers, NVS Wealth Managers, and Artha Venture Fund as part of its pre-Series A round. Startup CEOs and angel investors including Pravin Agarwala, Shuchi Kothari, and Saurabh Garg also participated in the round.
In March 2021, Artha Venture Fund conducted a seed round that garnered Rs 2 crore for GetWork.
According to a press statement from the firm GetWork, this fundraising round will help it expand its platform across all of India over the next 18 months.
GetWork, which was introduced in 2019, is a B2B SaaS platform that enables institutions to deploy their recent graduates into corporations and startups. Each student has a unique profile created, and based on their skill sets and experience, it matches job openings from companies on their platform with the appropriate students.
13 lakh students from more than 1,000 universities throughout India are being recruited by 6,500 firms, according to the startup. Around 3,300 freshmen were hired in the past three months, according to the business, by organisations including ICICI Bank, Bank of Baroda, Reliance Retail, Hathway, and Justdial as well as startups like LeverageEdu, Lawyered, and Nutrifresh.
Artha Venture Fund (AVF), an early-stage microVC firm, has predominantly supported and backed firms that act as enablers and are committed to resolving issues facing Indian consumers and businesses. Agnikul, LenDenClub, Everest Fleet, HobSpace, Daalchini, Elev8 Sports, KarmaLife, and more brands are included in the portfolio of AVF.
