Awign
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Awign

http://www.awign.com/
Last activity: 09.07.2024
Active
Categories: BusinessCorporateDeliveryDevelopmentEnterpriseMarketPlatformServiceSupplyTechnology
Awign works with enterprises to take up intricate work across the service lines of auditing, diligence, assessments, proctoring, last-mile delivery, new business development, and digital gigs, which have to be done in distributed locations PAN India at a large scale. We break it down into more uni-skill tasks and get them done - end to end - through highly trained gig workers who go on the ground and complete tasks in 400 cities PAN India. On the other hand, we also manage the job cycle for gig workers end to end, starting from selecting correct gig workers to training them and getting them to complete tasks in the required quality in their locality. Awign also bills their enterprise customers only on the outcomes we get and not on the manhours.
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Website visits
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Mentions
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Location: India, Karnataka, Bengaluru
Employees: 201-500
Phone: +91 80 6193 0049
Total raised: $44.3M
Valuation: $90M
Founded date: 2016

Investors 3

Funding Rounds 4

DateSeriesAmountInvestors
09.07.2024Series C$24.5M-
28.08.2022Series B$15.02M-
12.12.2019Series A$4M-
18.01.2018-$782.78K-

Mentions in press and media 33

DateTitleDescription
13.07.2024Awign's Funding Journey: From Series B Success to Series C TriumphAwign, a dynamic HR tech startup based in Bengaluru, recently made waves in the investment world by securing a substantial $24.5 million in Series C funding from the esteemed Mynavi Corporation of Japan. This strategic move has resulted in ...
09.07.2024Awign Secures USD 24.5 Mn from Mynavi Corporation for Business Growth The raised funds will be used by Awign for working capital requirements, general operations, and business growth.The Bengaluru-based HR IT startup Awign has secured INR 203.5 crore (USD 24.5 million) in Series C from Japan-based Mynavi Corporation, which will now own a 73% share in the business. The raised funds will be used by Awign for working capit...
06.07.2024HR tech Awign raised $24.5 M Series C funding from Japan’s MynaviAccording to Awign’s filings with the RoC, the Bengaluru-based HR tech startup has raised Rs 203.5 crore, or $24.5 million, from Japan-based Mynavi Corporation, which will now own a 73% stake in the business. According to Awign’s regulatory...
29.04.2024Capria Ventures' Success in India Opportunity FundCapria Ventures recently closed its India Opportunity Fund at INR 153 crore after the successful exit of Awign. This achievement marks a significant milestone for the company in the Indian market, showcasing their ability to identify and su...
27.04.2024India Opportunity Fund closed by Capria Ventures at $19 MThe successful fundraising for Capria Ventures’ India Opportunity Fund, which has a target of Rs 153 crore ($19 million), has been announced. Following a full cash withdrawal from its portfolio company Awign, this occurs. In February 2023, ...
27.04.2024Majority stake in HRtech startup Awign acquired by MynaviWork-as-a-service platform Awign has announced that Mynavi Corporation has agreed to buy a strategic majority stake in the company for all cash. A few of Awign’s early backers, including Capria, Lumis, MSDF, Amicus Capital, and Pankaj Bansa...
26.04.2024Capria Ventures closes India Opportunity Fund post successful sale of AwignEarly-stage venture capital firm Capria Ventures has concluded the fundraising for its India Opportunity Fund at ₹153 crore ($19 million). This comes on the heels of a full-cash exit from its portfolio company Awign. Capria Ventures formerl...
26.04.2024Mynavi acquires majority stake in Bengaluru-based start-up AwignJapan-based HR company Mynavi Corporation has acquired a majority stake in Workspace-as-a-Service (WaaS) platform, Awign. According to Awign, it is the largest HR tech sector deal in the last two decades. The partnership will also signify t...
26.04.2024Capria Ventures closes Rs 153 cr India Opportunity Fund post Awign exit-
26.04.2024Capria Ventures Closes India Opportunity Fund At INR 153 Cr Post Awign ExitSUMMARY Japan-based Mynavi has acquired majority stake in Awign, giving exit to Capria Ventures and other investors “The multiple on invested capital for Awign for our India Fund II is >7x,” said Surya Mantha, Managing Partner at Capria ...
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