Instawork, a supplier of flexible employment solutions, has acquired Able Jobs, a company supported by Y Combinator and Elevation Capital, in order to enhance its range of products.
As part of the acquisition, Agarwal, the Co-founder and CEO of Able Jobs, will assume the role of adviser to Instawork, while Srivastava, the Co-founder and CPO, will join the Instawork team as a product leader.
Instawork plans to utilize the product developments of Able Jobs, a firm based in Bengaluru, in order to improve its own capabilities and explore new market niches, as stated by the company.
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According to the company, this acquisition will assist Instawork in developing a product specifically for the worldwide market using resources from India. Additionally, Instawork will be able to take use of Able Jobs’s specialized knowledge and skills.
Able Jobs is a job-tech platform that aims to assist young professionals in acquiring the essential skills and knowledge to obtain employment.
About Instawork
Founded in 2016 by Sumir Meghani, Instawork offers versatile employment options in many sectors such as hospitality, warehouse, retail, and events.
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