Valued at $570 million, Apna raises $70 million from Insight Partners, Tiger Global & others

With this funding, Apna has now raised over $90 million and is valued at $570 million, the corporate, based in 2019, stated.

Hiring platform Apna has raised $70 million from Perception Companions and Tiger World in a Sequence B spherical, valuing the corporate at $570 million.

“Present buyers that embrace Sequoia Capital India, Lightspeed India, Greenoaks Capital and Rocketship VC have additionally participated within the spherical,” Apna stated in a press release.

With this funding, Apna has now raised over $90 million and is valued at $570 million, the corporate, based in 2019, stated.

Apna will use the proceeds to strengthen its presence in present cities and broaden pan-India over the subsequent six months. Apna plans to broaden in Southeast Asia and the US within the coming yr.

Commenting on the event, Nirmit Parikh, founder & CEO, Apna, stated, “At Apna, we’re decided to take a contemporary strategy in direction of fixing employment and skilling challenges for billions. During the last month itself Apna has facilitated greater than 15 million job interviews. We’re nonetheless within the early phases of fixing the issue and are excited to proceed on this journey with the backing of our new companions.”

Nikhil Sachdev, MD, Perception Companions, stated the funding made by the corporate will allow Apna to proceed with its steep progress trajectory, scale up their operations and enhance entry to alternatives for India’s workforce.