Jobs platform Apna raises $70 mn from Insight Partners, Tiger Global

Professional networking and jobs platform Apna has raised a $70 million in a Series B round led by Insight Partners and Tiger Global. Existing investors, Sequoia Capital India, Lightspeed India, Greenoaks Capital and Rocketship VC also participated in the round. With this investment Apna has now raised over $90 million and is now valued at $570 million, within 16 months of launch.

The startup will use the proceeds to strengthen its presence in existing cities and expand pan-India over the next 6 months to help restart India’s economy as it recovers from the Coronavirus (Covid-19) pandemic. The team plans to double down on its edtech platform for skilling by continuing to invest in hiring exceptional talent and building world class engineering and product capabilities.