Sunday, September 25, 2022
HomeInsightFunding Alert HR tech startup Skillbee raises $3.2 mn seed funding

[Funding alert] HR tech startup Skillbee raises $3.2 mn seed funding

Hrtech startup Skillbee
HR tech startup Skillbee

HR tech startup Skillbee has raised $3.2 Mn in seed funding round from Good Capital and Vibe Capital.

In this round, many investors also participated like Access Bridge Ventures and Wamda Capital, Vikram Chopra from Cars24, Saurabh Garg from NoBroker, and Harpreet Singh Grover from CoCubes, Bharat Founders Fund including, Rahul Chaudhary from Treebo, Zishaan Hayath from Toppr.

The startup will use the funds to strengthen the presence of its online application’s presence among migrant workers and double the number of companies that are hiring through it. It also plans to increase the bouquet of services provided by the app.

“The participation of such impeccable investors and founder operators in this round of funding and their faith in our mission and vision goes on to show how important the human capital issue is. We are grateful to our investors that they are entrusting us to offer solutions and bring a massive positive change in the lives of migrant workers,” said Gautham Vinjamuri, cofounder of Skillbee.

New Delhi-based startup founded in 2020 by Ujjawal Chauhan and Gautham Vinjamuri, Skillbee helps international migrant workers with job opportunities by its platform.

Chauhan said the startup will invest in three areas – business expansion in India, adding new services on the platform, and partnering with other companies to provide credit and insurance services to blue-collar workers.

Chouhan also said that Skillbee has partnered with 10 brands in the UAE that will be hiring migrant workers using its platform.

To upskill the workers, the startup is tying up with training institutes to meet the UAE’s demand for a delivery workforce.

Growing its business in India, the startup will primarily focus on job aspirants in Haryana, Uttar Pradesh, Rajasthan, and Madhya Pradesh as these states see an increasing number of blue-collar workers moving to Dubai and Saudi Arabia.

The startup claims that over 20K companies have signed up to the app to hire workers from different countries including India, Nepal, Bangladesh, Philippines, and other African countries. It also claims to have worked with over 1,000 enterprises and has worked with over 8.1 million workers.

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