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Delhi-based AI-powered crowdsourcing platform MyMobiForce (Innotion Technologies Pvt. Ltd.) has raised $1.42 Million (approx. Rs 10.3 crore) as part of the Pre-Series A round of funding led by Bharat Inclusion Seed Fund.
The round also saw participation from the Group of Angels led by Manu Iyer of Bluehill Capital, Acsys Investments, and Ashutosh Agrawal (Ex-Urban Company).
MyMobiForce was set up in 2018 by Dheeraj Khatter, Himanshu Kumar, and Kshitiz Saini. The company is working on a mission to transform the way technical field services are delivered globally, in that process MyMobiForce helps gig workers with work opportunities, employment enhancing training, and access to financial products such as insurance, savings, and micro Loans.
In a joint statement issued by the founders of MyMobiForce said, “MyMobiForce has grown 2x during the Covid times and has managed to scale the operations to support 100 Plus customers. We will use the capital raised to skill and empower additional 20,000 Service Technicians across 10,000 Pin codes.”
Commenting on the investment, Sanjay Jain, Partner at Bharat Inclusion Seed Fund added, “India is still among the least penetrated Flexi staffing markets globally with merely ~0.5% of the workforce employed flexibly as against 3-4% globally. With the increasing formalization of the economy, GST, labor law reforms, Covid, and an increasing number of enterprises shifting to Flexi-staffing, Crowd-sourced platforms are poised for the next leg of growth over the long term. We are excited to partner with MyMobiForce; the company has built a world-class platform that allows businesses to digitally connect, skill, monitor, and empower field workforce to complete technical jobs”.