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Xiaomi funds WorkIndia with INR 42Cr

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Team StartupcityWorkIndia, a recruitment platform, has raised INR 42 crore from Chinese smartphone manufacturer, technology and consumer devices conglomerate Xiaomi.

Previous investors of WorkIndia include VC investors such as Beenext Pte Ltd and Asuka Investments, a top hedge fund in Japan. WorkIndia has 1.5 crore registered job seekers and presence in 763 cities across India.

"The company has created a massive presence in the Indian Blue Collar segment within a short span of time.
At Xiaomi, we thrive towards providing innovation for everyone and we see significant future potential in WorkIndia," said Manu Jain, Global Vice President, Xiaomi and Managing Director, Xiaomi India.

With 125 million user events captured every month and dynamic algorithms already in place, WorkIndia is one of the few Indian start-ups that is ready for Artificial Intelligence capability.

Team WorkIndia thrives on two aspects one, extreme innovation and two, the excitement of becoming a global leader in the blue-collar segment. Xiaomi's focus on innovation and the disruption they have brought to the market.

The Bengaluru-based company will use the funds to enhance its technological infrastructure, strengthen the team and improve matchmaking services and analytics for employers. The company claims to be India’s largest blue-collar recruitment player and says it records at least 2.1 crore unique application sessions, along with 1.5 crore job seekers across more than 760 cities in the country. According to its website, some of its include Zomato, Ola, Swiggy, HDFC Bank and Café Coffee Day.