DPIIT Inks Pact With Apna To Boost Employment In Startup Ecosystem

DPIIT Inks Pact With Apna To Boost Employment In Startup Ecosystem

SUMMARY

(DPIIT) has signed a memorandum of understanding (MoU) with professional networking platform Apna to boost startup-centric employment

With this collaboration, DPIIT-registered startups will have access to top-tier talent with the help of Apna

Furthermore, every company registered on the government's BHASKAR platform will receive hiring credits worth INR 2000 on Apna’s platform

In an attempt to boost startup-centric employment, the Department for Promotion of Industry and Internal Trade (DPIIT) has signed a memorandum of understanding (MoU) with professional networking platform Apna. 

With this collaboration, DPIIT-registered startups will have access to top-tier talent with the help of Apna, said DPIIT’s joint secretary Sanjiv Singh in a LinkedIn post.

Furthermore, every company registered on the government’s BHASKAR platform will receive hiring credits worth INR 2000 on Apna’s platform.

“This initiative, currently valued at INR 140 Cr, is poised to grow alongside the startup ecosystem, potentially reaching an impressive INR 300 Cr,” Singh added.

In an attempt to boost startup-centric employment, the Department for Promotion of Industry and Internal Trade (DPIIT) has signed a memorandum of understanding (MoU) with professional networking platform Apna. 

With this collaboration, DPIIT-registered startups will have access to top-tier talent with the help of Apna, said DPIIT’s joint secretary Sanjiv Singh in a LinkedIn post.

Furthermore, every company registered on the government’s BHASKAR platform will receive hiring credits worth INR 2000 on Apna’s platform.

“This initiative, currently valued at INR 140 Cr, is poised to grow alongside the startup ecosystem, potentially reaching an impressive INR 300 Cr,” Singh added.

The minister also said that Apna will enhance connectivity between skilled workers and the startup ecosystem. Additionally, the networking platform will also facilitate startups with  AI-driven matching features for efficient hiring and job posting on its platform. 

Founded by Nirmit Parikh in 2019, Apna claims to be connecting more than 5.9 Cr job seekers and 7 Lakh employers across India. The startup counts Tiger Global, Lightspeed, GSV Ventures, Rocketship, Insight Partners, Owl Ventures, Maverick Ventures and Greenoaks as its investors.

It has Zomato, Paytm, Flipkart and Axis Bank, among others as its key customers.

The Bengaluru-based startup posted an operating revenue of INR 180.2 Cr in FY23, an increase of 182% from INR 63.8 Cr in the previous fiscal year. 

On the other hand, last month, the government announced that DPIIT-registered startups created over 16.67 Lakh direct jobs across more than 55 industries. It is pertinent to note that this data is as of October 2024.

At that time, commerce and industry minister Piyush Goyal said that startups in IT services created the highest number of direct jobs followed by healthcare,commercial services, education,among others.

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