What's the news?
Apna, a professional networking and jobs platform for blue-and-grey collar workers, has raised a $70 Mn in a Series B funding round led by Insight Partners and Tiger Global. Existing investors, Sequoia Capital India, Lightspeed India, Greenoaks Capital and Rocketship VC also participated in the round.
More to know
Apna connects people to opportunities and has a tech-driven approach to harness the power of communities which has enabled access to better jobs and entrepreneurship for its users. The firm will use the proceeds to strengthen its presence in existing cities and expand further over the next six months to help restart India’s economy as it recovers from the covid-19 pandemic.