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MyKaam Garners Funding from Venture Catalysts

MyKaam will employ the funds to develop its technological infrastructure, increase its operations and employ more business to its platform
BY BEx Bureau
BusinessEx
Jun 09, 2020

Jobshob Tech Pvt. Ltd, which administers online platform MyKaam, has lately gathered funding from Venture Catalysts.

The funding exercise was led by Apoorva Ranjan Sharma, Co-founder of Venture Catalysts, along with Icebreaker Tech's Mrunal Jhaveri, Nirav Panchmatia, AUM Financial Advisors Blogger, Rivoli Fashions' Vikas Kapoor and Samhit Ventures MD Karan Garg, VC Circle reported.

MyKaam will employ the funds to develop its technological infrastructure, increase its operations and employ more business to its platform, according to the company's official statement.

"New India is using internet-enabled platforms to make significant improvements in their lives. We want to play an active role and keep addressing the employment needs of Indians, and blue-collar workers in particular," Ashish Gupta, founder at MyKaam, told the cited media agency.

MyKaam, which was initiated in 2019, employs a video-based platform to link blue-collar workers with local recruiters to ascertain jobs in their areas. It also permits local enterprises to post job vacancies in the form of short videos and link employees directly with them.

"Venture Catalysts was confident of its bet on the company because of its focus on the unexplored blue-collar recruitment segment," Sharma told the cited media agency.

Venture Catalysts, a startup accelerator and incubator, has continued to make investments in startups despite the current pandemic.

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