Recruitment SaaS Platform GetWork Raises Rs 7 Crore In Funding
Veerwal GetWork Services Pvt Ltd, which operates recruitment platform GetWork, has raised pre-Series A funding of $846,340 (around Rs 7 crore) co-led by Samarthya Investment Advisors and Artha Venture Fund.
NVS Wealth Managers and other angel investors, including Shuchi Kothari (Health & Glow and DSP Group Family Office), Pravin Agarwala (Betterplace), and Saurabh Garg (NoBroker), among others, also participated in the funding round.
As per the Gurugram-based startup, the raised funds will be deployed for geographical expansion and onboarding of 2,500 colleges and 12,000 employers on the platform.
GetWork | Campus Recruitment
Founded by Rahul Veerwal and Sumit Gupta in 2018, GetWork is a SaaS platform for colleges to help them secure jobs for their graduates in corporates, small and medium enterprises (SMEs) and startups.
It is an end-to-end platform for sourcing, engaging and hiring the right talent for the right opportunities.
Speaking about the development, Rahul Veerwal, Founder of GetWork, said,
“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. Our 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 platform pan-India over the next 18 months.”
Currently, the Gurugram-based startup has 6,500 employers recruiting from the 13 lakh students on its platform from over 1,000 colleges across India. As per the startup, in the last 90 days, over 3,300 freshers got placed with companies like Reliance Retail, ICICI Bank, Bank of Baroda, and Justdial, and startups such as Nutrifresh, LeverageEdu, and Lawyered.
Recently, the Gurugram-based startup launched GetWork Club, a one-stop marketplace for students to avail services like resume creation, mentorship programmes, upskilling courses, and merchandise.
Commenting on the development, Anirudh Damani, Managing Partner, Artha Venture Fund, said,
“A plethora of industries like manufacturing, information technology, financial services, pharma, etc., are aggressively hiring fresh graduates to meet the demands of their businesses. GetWork makes it easy for them to discover their next hire from the tens of lakhs of students who join the workforce yearly. The progress made by the company is just scratching the surface of what will become India’s largest repository for fresh graduates.”
In March 2021, the Gurugram-based startup raised Rs 2 crore in a seed funding round led by Artha Venture Fund.
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