Apna raises $8 million Series A funding from Lightspeed India, Sequoia & others
Apna.co, a professional network for grey and blue-collar workers, has raised $8 million in Series A funding from existing investors Lightspeed India and Sequoia Capital India.

The round also saw participation from new investors Greenoaks Capital and Rocketship.vc.

Launched in December 2019 by Nirmit Parikh, Apna comprises of vertical communities for skilled professionals like carpenters, painters, and field sales agents among others, providing them with access to local job opportunities, and networking with peers along with the ability to gain new skills.

Read: How startups are helping blue-collar workers build their own gigs

The company had previously raised nearly $2 million from Lightspeed India and Sequoia Capital India and claims to have more than 1.2 million users on its platform.

“The most powerful thing for me about Apna is its communities — I’ve seen people help each other start a business, learn a new language, or find a gig. Communities rely on trust and make the model infinitely scalable” said Vaibhav Agrawal, Partner at Lightspeed India Partners Advisors.

Currently present in five cities, Apna says that it has facilitated more than 1 million job interviews in the past 30 days, registering a three-fold on a monthly basis. The company plans to use the funds raised to expand to more blue and grey collar verticals, foray into new cities.and team expansion.

“There are over 250 million blue and grey collar workers in India at present and providing meaningful employment opportunities to this segment is one of the biggest challenges in our country,” said Harshjit Sethi, Principal at Sequoia Capital India “With internet usage in this demographic growing rapidly, further catalysed by the Jio effect, apps such as Apna can play a meaningful role in democratizing access to employment and skilling”

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