Companies

Apna raises $70 m in Series B funding at $570-million valuation

Our Bureau Bengaluru | Updated on June 16, 2021

The professional networking and jobs platform will use the proceeds to strengthen presence and expand

Apna, a Bengaluru-based jobs platform for India’s rising working class, has raised a $70 million Series B round led by Insight Partners and Tiger Global.

Existing investors, Sequoia Capital India, Lightspeed India, Greenoaks Capital and Rocketship VC have also participated in the round.

Apna had earlier raised $20 million and is now valued at $570 million, said the company.

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Apna would use the proceeds to strengthen its presence in existing cities and expand pan-India over the next six months. The platform also has plans to take its operations to South-East Asia and the US in the coming year.

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Nirmit Parikh, Founder & CEO, Apna said, “Over the last month Apna facilitated more than 15 million job interviews and work related conversations.”

 

 

 

Published on June 16, 2021

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