Vigour Contingent Pvt Ltd, that operates a web marketplace for contract personnel Workflexi.in, has secured Rs one large integer ($157,200) in its seed spherical of funding, an organization statement aforementioned.
The funding spherical was junction rectifier by Kamalraj Chandrasekaran, founder and administrator of Bangalore-based Kamalraj welcome ideas Asian nation Pvt Ltd, that owns frozen dessert chain Cream works.
Parashiva J Ravikumar, director of Bangalore-based network management practice firm Orva Networks Pvt Ltd, conjointlyendowed in his personal capability, the statement further.
Workflexi.in can use the funds for development, team enlargement, and to execute selling activities, Geetha Prabhu, co-founder and chief in operation officer of the venture, said.
“We have seen a awfully positive response to our work-at-will model each by employers and workers, and that we area unit assured of reflective this in our revenue model,” she further.
Founded in 2016 by Prabhu and Sandesh Kangod, the Bangalore-based firm connects qualified professionals probing for contract or consulting jobs with potential employers.
The platform devises contracts that area unit versatile and advantages each the employers and workers.
The one-year-old startup had on-boarded near ten potential employers onto its platform.
“Our distinctive model of providing contract employment may be a game changer for this mostly unstructured employment trade.
We tend to saw an enormous potential within the flexi-staffing trade and our revenue growth over the last twelve months shows the widespread acceptance of the concept,” explicit Kangod, chief government of Workflexi.in.
Workflexi.in was conjointly a part of trade body Nasscom ten,000 Startups incubation programme in could 2017. A research skilled with fifteen years of expertise, Prabhu antecedently worked at Nielsen, TNS international and Dr Reddy’s work, among others.
Co-founder Kangod, United Nations agency is associate degree history, economic science and government graduate, has earlier worked at firms like CareerBuilder, Collabera, Winhire Technologies and Magna Infotech, among others, in step with his LinkedIn account.
A few ventures within the broader on-line enlisting house raised funding in recent times.
In Gregorian calendar month last year, Bangalore-based Crowdflux Technology Pvt Ltd, that operates Playment, a mobile marketplace for crowdsourced work, raised $1.6 million from Y Combinator, Sparkland Capital, SAIF Partners, and angel investors Ryan Petersen and soap Altman, a report by yankee technology news web site VentureBeat explicit .
In Oct last year, media reports explicit that Bengaluru-based Skillenza, a web hiring and talent management company, secured Rs 4.7 large integer in an exceedingly seed spherical junction rectifier by Blume Ventures and Indian Angel Network.
In Gregorian calendar month 2017, AirCTO, a human- and artificial intelligence-powered enlisting platform that helps firms rent technical talent, secured angel investment from former Nokia director Francesco Cara.
In June 2017, on-line classifieds website Quikr Asian nation non-inheritable blue collar jobs listing company Babajob Services.
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