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Temasek-backed GoodWorker injects funding in platform co-founded by Sonu Sood

By Bruhadeeswaran R

  • 27 Nov 2020
Temasek-backed GoodWorker injects funding in platform co-founded by Sonu Sood
Sonu Sood | Credit: Reuters

Temasek-backed GoodWorker has infused Rs 250 crore (about $34 million) in Pravasi Rojgar, a platform for blue-collar workers floated as a joint venture between actor Sonu Sood and vocational skills provider Schoolnet India, according to a company statement.

Bengaluru-based GoodWorker is a job-matching platform for blue-collar workers.

Pravasi Rojgar was started as an initiative by Sood along with Schoolnet in July 2020 as an employment portal for job-seekers, especially migrants, after millions lost jobs in the pandemic. It has already onboarded 10 lakh job seekers and thousands of employers in the last 4 months.

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The funding expands Pravasi Rojgar’s scope beyond job-matching and builds in migrant outreach, education, skilling and technology. The strategy centres around a core digital platform supported by Schoolnet’s physical network spread across India. The joint venture will formally launch its product offerings early next year.

Schoolnet (formerly IL&FS Education and Technology Services Ltd) has been into skilling and education for 20 years, the statement said.

Pradyumna Agrawal, board member of GoodWorker, said, “The cutting-edge technology that GoodWorker brings will allow businesses in India to effectively expand their operations by finding the right talent, and allow workers to have control over their data while widening access to digital products and services.”

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In September this year, Schoolnet was sold to Falafal Technology Pvt Ltd by debt-ridden IL&FS under the Insolvency & Bankruptcy Code (IBC).

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