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{{Short description|Professional Network Website}} | {{Short description|Professional Network Website}}<!-- Please do not remove or change this AfD message until the discussion has been closed. --> | ||
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{{Infobox company | {{Infobox company | ||
| name = Apna | | name = Apna | ||
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| industry = Internet, Professional network service | | industry = Internet, Professional network service | ||
| foundation = {{start date and age|2019}} | | foundation = {{start date and age|2019}} | ||
| location_city = ] | | location_city = ] | ||
| location_country = ] | | location_country = ] | ||
| founder = Nirmit Parikh | | founder = Nirmit Parikh | ||
| num_employees = 500-1000 Approx. | | num_employees = 500-1000 Approx. | ||
| homepage = {{URL| |
| homepage = {{URL|apna.co}} | ||
}} | }} | ||
'''Apna.co''' is an Indian job and ] established in 2019. It works to connect job seekers with ], providing resources for résumé building, interview preparation, and professional networking through its website and mobile apps. | |||
== About == | |||
== Company overview == | |||
'''Apna'''<ref>https://www.linkedin.com/company/apnahq</ref> is India's professional network, founded in 2019 by Nirmit Parikh. Apna connects job seekers with employers, helping individuals build networks and find job opportunities.<ref>https://startuptalky.com/apna-success-story/#Apna_-_Mission_and_Vision</ref> | |||
Headquartered in ], India, the company employs around 1000 employees. | |||
As of November 2023, Apna.co has raised $193.5 million in funding across multiple rounds. Key investors include Peak XV Partners (Formerly ] India), ], ], and ].<ref>{{cite web | url=https://www.forbesindia.com/article/take-one-big-story-of-the-day/how-apna-became-one-of-indias-fastest-unicorns-with-almost-zero-annual-revenue/70429/1 | title=How Apna Became One of India's Fastest Unicorns with Almost Zero Annual Revenue }}</ref><ref>{{Cite web |title=Apna acquires unicorn status after $100 mn fundraise led by Tiger Global |url=https://www.business-standard.com/article/companies/apna-acquires-unicorn-status-after-100-mn-fundraise-led-by-tiger-global-121091501644_1.html |access-date=April 3, 2024 |website=business-standard.com}}</ref> | |||
== History == | == History == | ||
Apna.co was founded in 2019 by Nirmit Parikh, to solve the challenges of job seekers in India.<ref>{{Cite web |title=Apna.co records 50 million professional networking conversations in the last 90 days |url=https://www.aninews.in/news/business/business/apnaco-records-50-million-professional-networking-conversations-in-the-last-90-days20221112135308/ |access-date=April 3, 2024 |website=aninews.in}}</ref><ref>{{Cite web |title=Employment: Blue-collar hiring start-up Apna reports 60% jump in job postings in 2022 |url=https://www.business-standard.com/article/jobs/talent-demand-from-smbs-grew-60-in-2022-employment-platform-apna-co-122122600689_1.html |access-date=April 3, 2024 |website=business-standard.com}}</ref> | |||
Founded by Nirmit Parikh in 2019, | |||
It became unicorn within 21 months of entering the market.<ref>https://scroll.in/article/1005730/this-indian-startup-became-a-unicorn-in-less-than-two-years-heres-how</ref> | |||
In 2020, the company received its Series A investment, led by Peak XV Partners (Formerly ] India), and ].{{citation needed|date=January 2025}} This was followed by a Series B investment in 2021 from ], ], GSV Ventures, Rocketship, Owl Ventures, Maverick Ventures, and Greenoaks.{{citation needed|date=January 2025}} | |||
As of November 2023, Apna has secured a total of $193.5 million in funding across five rounds Key investors of Apna include ], ], ] India, and Peak XV Partners (formally known as ] India).<ref>https://www.forbesindia.com/article/take-one-big-story-of-the-day/how-apna-became-one-of-indias-fastest-unicorns-with-almost-zero-annual-revenue/70429/1</ref> | |||
By mid-2021, the company had onboarded 16 million users, with 150,000 Indian businesses using it for ] and more than 18 million for ].{{citation needed|date=January 2025}} | |||
Apna.co reached ] status within 21 months of its launch after a fundraising round by ], expansion in the Indian ].<ref>{{Cite web |title=Apna becomes India's fastest unicorn with $100 million from Tiger Global |url=https://www.moneycontrol.com/europe/?url=https://www.moneycontrol.com/news/business/startup/apna-becomes-indias-fastest-unicorn-with-100-million-from-tiger-global-7471491.html |access-date=2024-11-07}}</ref> | |||
In April 2024, the company launched Career Compass, a tool designed to help users build and edit their professional resumes.<ref>{{cite news | url=https://www.bloomberg.com/news/articles/2021-09-15/blue-collar-employment-app-becomes-a-unicorn-in-just-15-months | title=Blue-Collar Worker App Becomes a Unicorn in Under Two Years | newspaper=Bloomberg | date=September 15, 2021 }}</ref><ref>{{cite news | url=https://economictimes.indiatimes.com/tech/startups/apna-becomes-youngest-startup-to-enter-unicorn-club-in-21-months/articleshow/86246042.cms?from=mdr | title=Apna becomes youngest startup to enter unicorn club in 21 months | newspaper=The Economic Times | date=September 16, 2021 | last1=Mittal | first1=Apoorva | last2=Mishra | first2=Digbijay }}</ref><ref>{{cite news | url=https://economictimes.indiatimes.com/tech/funding/ettech-deals-digest-apna-mobile-premier-league-enter-unicorn-club/articleshow/86292640.cms | title=ETtech Deals Digest: Apna, Mobile Premier League enter unicorn club | newspaper=The Economic Times | date=September 17, 2021 }}</ref> | |||
As of August 2024, Apna.co supports 30% of Nifty 100 companies, handling over 1,000 job applications daily. Key sectors include BFSI, Automotive, Retail, Consumer Durables, and IT. Applications from Tier 2 and Tier 3 cities constitute 45% of the total, with 35% from women.<ref>{{Cite web |title=One Third of Nifty 100 Companies Hire Thousands of Young Talent on apna.co |url=https://www.business-standard.com/content/press-releases-ani/one-third-of-nifty-100-companies-hire-thousands-of-young-talent-on-apna-co-124080800399_1.html |access-date=2024-11-07}}</ref><ref>{{Cite web |date=2024-08-09 |title=Nifty 100 companies tap smaller cities to ramp up hiring of young talent |url=https://www.indiatoday.in/education-today/latest-studies/story/nifty-100-companies-tap-smaller-cities-to-ramp-up-hiring-of-young-talent-2579624-2024-08-09 |access-date=2024-11-07 |website=India Today |language=en}}</ref> | |||
At present{{when|date=January 2025}}, Apna.co operates over 800 cities in India.{{citation needed|date=January 2025}} | |||
==Funding== | |||
{{Unreferenced section|date=January 2025}} | |||
{| class="wikitable" | |||
|- | |||
! Date !! Round !! Fund Raised !! Investor | |||
|- | |||
| July 2019 || Seed || $3M || Peak XV Partners (Formerly ] India) | |||
|- | |||
| September 2020 || Series A || $8M || Lightspeed India Partners, Peak XV Partners (Formerly ] India) | |||
|- | |||
| March 2021 || Series A || $12.5M || Greenoaks, Rocketship, Peak XV Partners (Formerly ] India), and ] | |||
|- | |||
| June 2021 || Series B || $70M || ] and ] | |||
|- | |||
| September 2021 || Series C || $100M || ] | |||
|} | |||
==Partnerships== | |||
Apna.co has collaborated with public and government organizations in India, including the ], the ], ] Yuwaah, and the ], to provide skilling and job opportunities.{{citation needed|date=January 2025}} | |||
In April 2024, Apna.co partnered with The ] to launch a career portal aimed at helping over 3 million students.The portal offers job listings, resume-building tools, and placement support for students from more than 12,000 colleges. It also includes the Silicon Valley Immersion Program, which connects students with industry leaders from companies such as ], ], and ].{{citation needed|date=January 2025}} | |||
==Apna Initiatives== | |||
On August 12, 2024, Apna.co, in collaboration with AICTE, concluded the Silicon Valley Immersion Program, selecting four students from XLRI Jamshedpur, WCE Sangli, and PEC Chandigarh. These students will travel to Silicon Valley to meet leaders from tech companies like Google, Apple, and Meta.<ref>{{Cite web |date=2024-08-14 |title=Silicon Valley Immersion Program wraps up: AICTE, Apna.co announce winners and their upcoming tech adventure |url=https://www.financialexpress.com/jobs-career/education-silicon-valley-immersion-program-wraps-up-aicte-apna-co-announce-winners-and-their-upcoming-tech-adventure-3582547/ |access-date=2024-11-07 |website=Financialexpress |language=en}}</ref><ref>{{Cite web |title=AICTE, apna.co conclude youth empowering Silicon Valley Immersion Programme |url=https://www.business-standard.com/industry/news/aicte-apna-co-conclude-youth-empowering-silicon-valley-immersion-programme-124081401157_1.html |access-date=2024-11-07}}</ref> | |||
==Business model== | |||
Apna.co is an open platform for candidates but since 2022 it has used a subscription-based model for employers which is the primary source of revenue. The platform serves over 1,000 enterprises and more than 100,000 small and medium-sized businesses. | |||
<ref>{{cite news | url=https://economictimes.indiatimes.com/jobs/apna-co-sees-100-surge-in-job-listings-5-million-new-users-during-the-festive-season/articleshow/87651677.cms?from=mdr | title=Apna.co sees 100% surge in job listings; 5 million new users during the festive season | newspaper=The Economic Times | date=November 11, 2021 | last1=Basu | first1=Sreeradha }}</ref> | |||
==Awards and recognition== | |||
* 2023 - Apna received the Best Tech for Recruiter award at the Idea Indian Digital Enabler Awards.<ref>{{cite web | url=https://www.entrepreneurindia.com/idea/2022/awards-winner-2023.php | title=Indian Digital Enabler Awards 2021 - Awards Winner }}</ref> | |||
* 2020 - Apna received the Google Play Store App of the Year Award<ref>{{cite web | url=https://indianexpress.com/article/technology/social/google-play-store-best-of-2020-awards-7075210/ | title=Google Play Store's Best of 2020 awards: Sleep by Wysa is the best app for 2020 | date=December 2020 }}</ref> | |||
== References == | == References == | ||
<!-- Inline citations added to your article will automatically display here. See en.wikipedia.org/WP:REFB for instructions on how to add citations. --> | |||
{{reflist}} | {{reflist}} | ||
==External links== | |||
* {{Official website|https://apna.co/}} | |||
] | |||
] |
Latest revision as of 20:31, 13 January 2025
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|
Company type | Private |
---|---|
Industry | Internet, Professional network service |
Founded | 2019; 6 years ago (2019) |
Founder | Nirmit Parikh |
Headquarters | Bengaluru, India |
Number of employees | 500-1000 Approx. |
Website | apna |
Apna.co is an Indian job and professional networking platform established in 2019. It works to connect job seekers with employers, providing resources for résumé building, interview preparation, and professional networking through its website and mobile apps.
Company overview
Headquartered in Bangalore, India, the company employs around 1000 employees.
As of November 2023, Apna.co has raised $193.5 million in funding across multiple rounds. Key investors include Peak XV Partners (Formerly Sequoia Capital India), Lightspeed Venture Partners, Tiger Global Management, and Insight Partners.
History
Apna.co was founded in 2019 by Nirmit Parikh, to solve the challenges of job seekers in India.
In 2020, the company received its Series A investment, led by Peak XV Partners (Formerly Sequoia Capital India), and Lightspeed Partners India. This was followed by a Series B investment in 2021 from Insight Partners, Tiger Global Management, GSV Ventures, Rocketship, Owl Ventures, Maverick Ventures, and Greenoaks.
By mid-2021, the company had onboarded 16 million users, with 150,000 Indian businesses using it for recruitment and more than 18 million for job interviews.
Apna.co reached unicorn status within 21 months of its launch after a fundraising round by Tiger Global Management, expansion in the Indian job market.
In April 2024, the company launched Career Compass, a tool designed to help users build and edit their professional resumes.
As of August 2024, Apna.co supports 30% of Nifty 100 companies, handling over 1,000 job applications daily. Key sectors include BFSI, Automotive, Retail, Consumer Durables, and IT. Applications from Tier 2 and Tier 3 cities constitute 45% of the total, with 35% from women.
At present, Apna.co operates over 800 cities in India.
Funding
This section does not cite any sources. Please help improve this section by adding citations to reliable sources. Unsourced material may be challenged and removed. (January 2025) (Learn how and when to remove this message) |
Date | Round | Fund Raised | Investor |
---|---|---|---|
July 2019 | Seed | $3M | Peak XV Partners (Formerly Sequoia Capital India) |
September 2020 | Series A | $8M | Lightspeed India Partners, Peak XV Partners (Formerly Sequoia Capital India) |
March 2021 | Series A | $12.5M | Greenoaks, Rocketship, Peak XV Partners (Formerly Sequoia Capital India), and Lightspeed India |
June 2021 | Series B | $70M | Insight Partners and Tiger Global Management |
September 2021 | Series C | $100M | Tiger Global Management |
Partnerships
Apna.co has collaborated with public and government organizations in India, including the National Skill Development Corporation (NSDC), the Ministry of Defence (India), UNICEF Yuwaah, and the Ministry of Minority Affairs, to provide skilling and job opportunities.
In April 2024, Apna.co partnered with The AICTE (All India Council for Technical Education) to launch a career portal aimed at helping over 3 million students.The portal offers job listings, resume-building tools, and placement support for students from more than 12,000 colleges. It also includes the Silicon Valley Immersion Program, which connects students with industry leaders from companies such as Google, Apple, and Microsoft.
Apna Initiatives
On August 12, 2024, Apna.co, in collaboration with AICTE, concluded the Silicon Valley Immersion Program, selecting four students from XLRI Jamshedpur, WCE Sangli, and PEC Chandigarh. These students will travel to Silicon Valley to meet leaders from tech companies like Google, Apple, and Meta.
Business model
Apna.co is an open platform for candidates but since 2022 it has used a subscription-based model for employers which is the primary source of revenue. The platform serves over 1,000 enterprises and more than 100,000 small and medium-sized businesses.
Awards and recognition
- 2023 - Apna received the Best Tech for Recruiter award at the Idea Indian Digital Enabler Awards.
- 2020 - Apna received the Google Play Store App of the Year Award
References
- "How Apna Became One of India's Fastest Unicorns with Almost Zero Annual Revenue".
- "Apna acquires unicorn status after $100 mn fundraise led by Tiger Global". business-standard.com. Retrieved April 3, 2024.
- "Apna.co records 50 million professional networking conversations in the last 90 days". aninews.in. Retrieved April 3, 2024.
- "Employment: Blue-collar hiring start-up Apna reports 60% jump in job postings in 2022". business-standard.com. Retrieved April 3, 2024.
- "Apna becomes India's fastest unicorn with $100 million from Tiger Global". Retrieved November 7, 2024.
- "Blue-Collar Worker App Becomes a Unicorn in Under Two Years". Bloomberg. September 15, 2021.
- Mittal, Apoorva; Mishra, Digbijay (September 16, 2021). "Apna becomes youngest startup to enter unicorn club in 21 months". The Economic Times.
- "ETtech Deals Digest: Apna, Mobile Premier League enter unicorn club". The Economic Times. September 17, 2021.
- "One Third of Nifty 100 Companies Hire Thousands of Young Talent on apna.co". Retrieved November 7, 2024.
- "Nifty 100 companies tap smaller cities to ramp up hiring of young talent". India Today. August 9, 2024. Retrieved November 7, 2024.
- "Silicon Valley Immersion Program wraps up: AICTE, Apna.co announce winners and their upcoming tech adventure". Financialexpress. August 14, 2024. Retrieved November 7, 2024.
- "AICTE, apna.co conclude youth empowering Silicon Valley Immersion Programme". Retrieved November 7, 2024.
- Basu, Sreeradha (November 11, 2021). "Apna.co sees 100% surge in job listings; 5 million new users during the festive season". The Economic Times.
- "Indian Digital Enabler Awards 2021 - Awards Winner".
- "Google Play Store's Best of 2020 awards: Sleep by Wysa is the best app for 2020". December 2020.