Gunderson Dettmer clients lead $8M Series A Financing of Apna
Gunderson Dettmer represented clients Lightspeed India Partners, Sequoia Capital India and Greenoaks Capital in their $8M Series A investment into Apna Time, a Bangalore-based startup building a recruitment platform for blue and grey collar workers in India.
In the announcement of the transaction principal at Sequoia Capital India Harshjit Sethi said, “There are over 250 million blue and grey collar workers in India at present and providing meaningful employment opportunities to this segment is one of the biggest challenges in our country. With internet usage in this demographic growing rapidly, further catalysed by the Jio effect, apps such as Apna can play a meaningful role in democratising access to employment and skilling.”
The Gunderson deal team included Jon Pentzien, David He and Vanessa Ho.