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Bangalore-based Blue-Collar recruitment platform, WorkIndia (Eloquent Info Solutions Pvt Ltd), has raised $1.5 Million from Blacksoil in debt funding.
The startup plans to direct the funds towards extending its product to multiple geographies across India and strengthening its fraud detection technology.
Founded in 2015 by Moiz Ariswala, Kunal Patil, and Nilesh Dungarwal, WorkIndia provides a one-stop platform for accessing jobs across the nation, precisely matched to their skills in 600 Indian cities, catering to 1.5 Mn SMBs and ~25 Mn candidates.
Talking about the funding round, Nilesh Dungarwal, WorkIndia Co-Founder said, “We are delighted to partner with BlackSoil to expand our presence and provide newfound opportunities to India’s blue and grey collar workforce and look forward to strengthening our relationship further with the years to come.”
Further speaking on the investment in WorkIndia, Ankur Bansal, Co-founder of BlackSoil said, “We are thrilled to be associated with Work India in their journey towards making the recruitment process for blue and grey collar employers & candidates easy. Apart from streamlining the process & helping provide the candidates vetted opportunities using their deep tech expertise, the company is one the few players in the industry that has been able to successfully monetize operations, achieve scale & virality.”