Gurugram-based end-to-end SaaS platform GetWork has raised Rs 7 crore ($1.75 million) in a Pre-series A round from Samarthya Investment Advisors, NVS Wealth Managers, and Artha Venture Fund, it said in a statement.
According to the release, this round follows a previously raised seed round of Rs two crores ($500,000) in March 2021 led by Artha Venture Fund.
Launched in 2019, GetWork is a B2B SaaS platform for colleges to place their fresh graduates directly into startups and corporates. The company claims to have 6,500 employers recruiting from the 13 million students on the GetWork platform from more than 1000 colleges across India.
With over 42,000 colleges and training schools adding 300,000 fresh graduates to the working population every year and not a single platform that provides specific tools, guidance, and job opportunities to fresh graduates from tier 2 and tier 3 colleges, GetWork aims to tackle this problem.
Its placement platform also makes it easy for companies in several industries such as manufacturing, information technology, financial services, and pharma, among others, to hire fresh graduates to meet the demands of their businesses.
The SaaS firm says this funding round will help it to scale the GetWork platform across India over the next 18 months.