GetWork, a Gurugram, India-based end-to-end SaaS platform, raised Rs 7 crores in a pre-series A funding round from Samarthya Investment Advisors, NVS Wealth Managers, and Artha Venture Fund.
Other investors in the round include marquee founders and angel investors like Pravin Agarwala (co-founder of Betterplace), Shuchi Kothari (director of Health & Glow and DSP Group Family Office), and Saurabh Garg (co-founder of NoBroker).
The funds will be used to recruit 2,500+ colleges and 12,000+ employers, explore international markets, and expand the GetWork Club.
Rahul Veerwal, Founder of GetWork, says, “Over 42,000 colleges and training schools add 1.2 crore fresh graduates to the working population every year. However, there isn't a single platform that provides specific tools, guidance, and job opportunities to fresh graduates from tier 2 and tier 3 colleges. GetWork's placement platform and GetWork Club focus on solving this massive problem. This funding round brought onboard an exciting set of investors who will help us scale the GetWork platform pan-India over the next 18 months."
Launched in 2019, GetWork currently has 6,500 employers recruiting from the 13 lakh students on the GetWork platform from 1000+ colleges across India.
Company: Veerwal GetWork Services Private Limited
Raised: Rs 7 crores
Round: pre-Series A
Funding Month: February 2023
Lead Investors: Samarthya Investment Advisors, NVS Wealth Managers, and Artha Venture Fund
Additional Investors: Pravin Agarwala, Shuchi Kothari, and Saurabh Garg
Company Website: https://getwork.org/
Software Category: Recruiting Platform
About the Company: Founded in 2019 by Rahul Veerwal and Sumit Gupta, GetWork was created to ensure that all college students have equal access to meaningful careers. It provides a B2B SaaS platform for colleges to place their fresh graduates directly into startups and corporates. Their products fulfill a crucial gap for colleges that don't have a proper placement cell. GetWork creates individual profiles for each student and then maps job opportunities from employers on their platform based on students' respective skill sets and experience.
Source: https://www.indianweb2.com/2023/02/fresher-recruitment-saas-platform.html