comscore Xiaomi invests Rs 42 crore in WorkIndia recruitment platform | BGR India
News

Xiaomi invests Rs 42 crore in Mumbai-based recruitment platform WorkIndia

Xiaomi also invested in other Indian startups over the past few years. These include ShareChat, Samosa Labs and ZestMoney.

  • Published: February 11, 2020 2:27 PM IST
Xiaomi Logo

WorkIndia has raised a sum of Rs 42 crore from Xiaomi India. The funds will be utilised in bolstering the company’s technological capabilities. The gig workers recruitment platform will also utilise the funds to further strengthen the WorkIndia team. Also Read - Xiaomi Redmi 8A Dual launched in India: Price in India, sale date, specifications

The company has claimed that over 1.5 crore job seekers have registered on its platform since its inception in 2015. WorkIndia will also invest in strengthening the tech backend for improved matchmaking, predictive and real-time analytics for employers, said founder Kunal Patil. Also Read - Xiaomi Redmi 9A, RedmiBook India launch today: Live stream details, expected features

Watch: Poco X2 vs Realme X2 Camera Comparison

The Mumbai-based recruitment platform has a geolocation feature that helps registered candidates filter jobs by their preferred locations. It also has a mobile app that works with weaker internet connections. This helps candidates in towns with poor internet connectivity. The app has over 2.1 crore unique app sessions per month, claims the company. Also Read - Xiaomi India has sold 100 million smartphones in the country in a record time

“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 has clear adjacencies with us,” said Kunal Patil and Nilesh Dungarwal, Co-founders at WorkIndia.

Xiaomi and Chinese companies’ interest in Indian startups

Xiaomi MD Manu Kumar Jain, mentioned that the company has leveraged the high smartphone penetration in India and provided an opportunity to people from all segments, working as an equaliser. This isn’t the first time Xiaomi has invested in an Indian startup. In January 2018, two years ago, Xiaomi led an $18.2 million funding round in Sharechat, a Bengaluru-based regional social platform.

Xiaomi also later invested in Samosa Labs along with Sequoia Capital. Then again, the company participated in the $13.4 million funding round of Bengaluru-based ZestMoney. Chinese investors have increased their investments flowing towards the Indian startup ecosystem recently. Even apart from Xiaomi, names like Tencent, Bytedance, Shunwei Capital and Alibaba have invested quite a bit in Indian companies.

(With inputs from IANS)

For the latest tech news across the world, latest PC and Mobile games, tips & tricks, top-notch gadget reviews of most exciting releases follow BGR India’s Facebook, Twitter, subscribe our YouTube Channel.
  • Published Date: February 11, 2020 2:27 PM IST



new arrivals in india

Realme Narzo 20A
Realme Narzo 20A

8,499

Realme Narzo 20
Realme Narzo 20

10,499

Realme Narzo 20 Pro
Realme Narzo 20 Pro

14,999

Oppo F17
Oppo F17

17,990

Samsung Galaxy M51
Samsung Galaxy M51

24,999

Poco M2
Poco M2

10,999

Oppo F17 Pro
Oppo F17 Pro

22,990

Realme 7 Pro
Realme 7 Pro

19,999

Realme 7
Realme 7

14,999

Xiaomi Redmi 9A
Xiaomi Redmi 9A

6,799

Vivo Y20
Vivo Y20

12,990

Xiaomi Redmi 9
Xiaomi Redmi 9

8,999

Nokia 5.3
Nokia 5.3

13,999

Motorola Moto G9
Motorola Moto G9

11,499

Realme C15
Realme C15

9,999

Realme C12
Realme C12

8,999

Samsung Galaxy Note 20
Samsung Galaxy Note 20

77,999

Xiaomi Redmi 9 Prime
Xiaomi Redmi 9 Prime

9,999

Oppo Reno4 Pro
Oppo Reno4 Pro

34,990

Samsung Galaxy M01 Core
Samsung Galaxy M01 Core

5,499

Realme 6i
Realme 6i

12,999

Asus Rog Phone 3
Asus Rog Phone 3

49,999

OnePlus Nord
OnePlus Nord

24,999

Infinix Smart 4 Plus
Infinix Smart 4 Plus

7,999

Xiaomi Redmi Note 9
Xiaomi Redmi Note 9

11,999

Samsung Galaxy M01s
Samsung Galaxy M01s

9,999

Vivo X50 Pro 5G
Vivo X50 Pro 5G

49,990

Vivo X50 5G
Vivo X50 5G

34,990

Realme C11
Realme C11

7,499

Poco M2 Pro
Poco M2 Pro

13,999

Realme X3
Realme X3

24,999

Realme X3 SuperZoom
Realme X3 SuperZoom

27,999

Tecno Spark Power 2
Tecno Spark Power 2

9,999

Oppo A12
Oppo A12

9,990

Oppo A52
Oppo A52

16,990

Samsung Galaxy A21s
Samsung Galaxy A21s

15,999

Oppo Find X2
Oppo Find X2

64,990

Motorola One Fusion Plus
Motorola One Fusion Plus

17,499

Samsung Galaxy A31
Samsung Galaxy A31

20,999

Samsung Galaxy M01
Samsung Galaxy M01

8,999

Samsung Galaxy M11
Samsung Galaxy M11

10,999

Infinix Hot 9 Pro
Infinix Hot 9 Pro

9,999

LG Velvet
LG Velvet

Price Not Available

Xiaomi Mi Note 10 Lite
Xiaomi Mi Note 10 Lite

Price Not Available

Apple iPhone SE 2020
Apple iPhone SE 2020

42,500

Honor 30 Pro
Honor 30 Pro

Price Not Available

Honor 30
Honor 30

Price Not Available

OnePlus 8
OnePlus 8

44,999

OnePlus 8 Pro
OnePlus 8 Pro

54,999

Xiaomi Redmi Note 9 Pro
Xiaomi Redmi Note 9 Pro

13,999

Motorola Moto E4
Motorola Moto E4

8,999

Samsung Galaxy On Max
Samsung Galaxy On Max

9,775

nubia N2
nubia N2

15,999

Karbonn K9 Kavach 4G
Karbonn K9 Kavach 4G

5,290

Motorola Moto C Plus
Motorola Moto C Plus

6,999

Best Sellers