Avishkaar Capital Leads Round With INR 75 Cr; BEENEXT Capital Joins With INR 22 Cr
Bengaluru-based recruitment platform WorkIndia has raised INR 97 crore ($10.8 million) in its Series B funding round, marking a major milestone in its growth journey. The funding round was led by Avishkaar Capital, which invested INR 75 crore ($8.3 million), while existing investor BEENEXT Capital contributed the remaining INR 22 crore ($2.5 million).
The fresh capital will be used to upgrade WorkIndia’s technology platform, enhance job matching services for both employers and job seekers, and expand into high-demand markets across India. This funding comes at a crucial time as the startup prepares to scale operations and strengthen its position in the blue and grey-collar recruitment space.
Focus on Technology-Driven Hiring Solutions
WorkIndia aims to make hiring faster, more transparent, and more accessible for India’s vast blue and grey-collar workforce. With the new funding, the company plans to invest heavily in AI-driven job matching, improved verification processes, and better user experience for both sides of the marketplace.
Commenting on the funding, Nilesh Dungarwal, Co-founder and CEO of WorkIndia, said,
“This funding comes at the perfect time as we enter our next growth phase. Blue and grey-collar workers are the backbone of India’s economy. Our mission is simple: create a transparent, tech-driven job platform for this workforce.”
Serving the Backbone of India’s Workforce
Founded in 2015 by Nilesh Dungarwal, Kunal Patil, and Moiz Arsiwala, WorkIndia addresses a critical gap in India’s employment ecosystem. The platform connects employers with blue and grey-collar workers across 50+ job categories, including delivery executives, field sales staff, warehouse workers, customer support executives, and technicians.
Unlike traditional hiring methods that rely heavily on agents and informal networks, WorkIndia offers a direct and digital recruitment solution, helping reduce hiring costs and improve transparency. Employers can post jobs easily, while candidates can apply and connect with recruiters directly through the app.
Strong Adoption and Growing Employer Base
WorkIndia has witnessed strong adoption over the years. Its mobile application has crossed 10 million downloads on the Google Play Store, highlighting its popularity among job seekers. On the employer side, more than 38,000 businesses have used the platform to post job openings and hire talent efficiently.
This scale and traction have made WorkIndia one of the leading platforms in India’s blue and grey-collar recruitment segment, a market that continues to grow with urbanisation, gig economy expansion, and rising demand from MSMEs and large enterprises alike.
Expansion Into High-Growth Markets
With the Series B funding, WorkIndia plans to deepen its presence in existing cities while expanding into new high-demand markets. The company also aims to strengthen its partnerships with employers across industries such as logistics, retail, manufacturing, and services.
As India’s workforce continues to digitise, WorkIndia’s focus on technology, transparency, and scale positions it well to play a pivotal role in shaping the future of blue and grey-collar employment in the country.
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