Women-focussed career platform Sheroes has acquired Bangalore-based online career restart platform Women Restart for an undisclosed amount.
As part of the deal, Women Restart founder and CEO Sheetal Arora will join Sheroes as director of research and resources, according to a press statement.
The acquisition will help Sheroes, owned and operated by Applied Life Pvt. Ltd, strengthen its presence in Bangalore.
Founded by Arora in 2015, Women Restart helps women restart and progress in their career after a break. It offers job readiness assessment and skill development training in addition to connecting with them with potential employers.
“The aim is to strengthen women in their personal and professional pursuits. This acquisition will integrate with those efforts. Women Restart has been a strong community on the SHEROES app ever since we launched and having them onboard will bring deeper support via the platform,” Sheroes founder Sairee Chahal said.
Sheroes works with companies to provide support for their workforce needs and helps them build women-centric channels.
The companyoffers a diverse range of engagement formats to women. These include corporate jobs, partner programmes, work from home, part-time work, freelancing and internship programmes. The company also runs a career support helpline via phone and an app.
Sheroes was launched in January 2014. Women Restart is its third acquisition. The company had earlier acquired Gharkamai.com, an online platform which helps stay-at-home professional women find work, and LoveDoctor.in, a relationship and sexual health counselling platform.
In August last year, the company had raised Rs 12 crore in a Series A round of funding led by Gurgaon-based investment firm Lumis Partners. The HR Fund, angel investor Rajul Garg and existing investor Raghav Bahl-led Quintillion Media also participated in the round.
In 2015, it had raised angel funding from Quintillion Media, 500 Startups and a clutch of investors including Paytm founder Vijay Shekhar Sharma, Google India head Rajan Anandan and Flipkart co-founder Binny Bansal.
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