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Job Market Platform Apna Raises $70M at $570 million valuation

21Jun By PriyankaNo Comments

FUNDING

Job Market Platform Apna Raises $70M at $570 million valuation

BANGALORE, India, June 21, 2021-- Apna, the leading job-based platform in India raises $70 million Series B round led by Insight Partners and Tiger Global. Existing investors, Sequoia Capital India, Lightspeed India, Greenoaks Capital and Rocketship VC have also participated in the round. The investment amounts to an endorsement of Apna's undisputed market leadership and stellar business growth. With this investment Apna has now raised over $90 million and is now valued at $570 million, within 16 months of product launch. The team plans to double down on their edtech platform for skilling by continuing to invest in hiring exceptional talent and building world-class engineering and product capabilities. Additionally, Apna plans to expand to high potential international markets such a...

US Unemployment Rate Fall to 7.9%, 661,000 Jobs are Added

2Oct By PriyankaNo Comments

USA

US Unemployment Rate Fall to 7.9%, 661,000 Jobs are Added

Washington, 2nd Oct 2020: The US economy added 661,000 jobs in September, the Labor Department said on Friday. Total nonfarm payroll employment increased by 661,000 in September. The unemployment rate dropped to 7.9 percent compared to 8.4% in the previous quarter, but the true rate, after adjusting for the misclassification error, was 8.3 percent. Between February and April, more than 22 million jobs were lost. Since April, 52% of those jobs have been recovered. However, recent data suggest that the rate of job recovery is slowing. We expect the US growth and jobs revivals to continue to decelerate in the coming months as the number of new Covid-19 cases is growing, layoff rates remain high, and weaker government stimulus limit the spending capacity of many households. As l...

How Avenue Growth is Creating Employment Opportunities in India?

30Aug By NitishNo Comments

Story

How Avenue Growth is Creating Employment Opportunities in India?

Whenever any venture takes its course of action, a medium of employment is created. And in a country like India where the population is soaring high, every opportunity is a ladder of success. And to strengthen the roots of sales platform in India, Avenue Growth brings in a concept of overall growth and opportunity to all rotatory platform. Being India’s largest Sales-as-a-Service platform, avenue growth is founded by a pair of marketing professionals with the vision of providing on-ground sales force solution to companies, which enables them to grow and explore new markets with a cost-effective approach. Many of us heard that how people overseas are extracting out their maximum sales by investing in sales outsourcing companies. To bring the same advantage in India, Avenue Growth launche...

22Jun By Lavina TolaniNo Comments

INDIA

Govt to Launch National Skills Portal to tally jobs in India

The government of India is collecting the rise in the number of skilled persons in the country since the launch of its flagship Skill India Programme, in an effort to tally jobs in India. The launch of national skills portal planned by the government is an initiative that will have skilling data from all central ministries, states and corporates. Earlier in January, the cabinet secretary, PK Sinha had conducted review meetings to track the number of skilled personnel bringing all central ministries on board to converge their skilling programmes. Since the launch of Skill India programme in 2015, the government had targeted training over 400 million people in different skills by 2022. However, coming to statistics only 40 million have been trained so far out of which 25 million of ...

How Indian Youth is Frying in The Politicians ‘Pakoda Politics’

9Feb By Sabhyata AgarwalNo Comments

BLOGS

How Indian Youth is Frying in The Politicians ‘Pakoda Politics’

"If a person sells 'pakodas' and takes home Rs 200 every evening, will it be considered employment or not?", PM Modi said in an interview on Zee News. The statement of the PM created quite a buzz in the opposition parties as what he said implied that even selling Pakodas is a job. In the aftermath, following such statement, politicians from all around India started a debate on social platforms about how can Modi ji advice the jobless, especially youth, to sell Pakodas. Not ony this, citizens majorily youth started to sell pakodas objectifying the promises of the government. The Timeline following the Interview(Feb 19)- January 29 On a question asked about employment in India, PM Narendra Modi resorted to a fact that a person selling chai and pakoda, who earns Rs 200 in order to feed...

Unacademy Collaborates With TapChief to Help Students Land Their First job

24Jan By AnkitaNo Comments

BUSINESS

Unacademy Collaborates With TapChief to Help Students Land Their First job

Employment opportunities have boomed over the years which have left fresh graduates with more than enough options to choose from. However, that has not sweetened the deal for them. Fresh graduates today, and even experienced professionals, find themselves confused about the career path they should embark upon. To make matters worse, no substantial professional help is available. India's leading online learning platform - Unacademy, in collaboration with leading career advice platform - TapChief , has launched courses on job preparation for freshers, recent graduates, and working professionals. The scopes of courses on offer include career counselling, skill development, switching jobs, and other related aspects. What sets these courses apart from the other content available online is th...

“4 Din Mai Bano Karobari (Businessman)” – PM Modi’s New Business Mantra

20Dec By PriyankaNo Comments

INDIA, News

“4 Din Mai Bano Karobari (Businessman)” – PM Modi’s New Business Mantra

Aiming to break into top 50 best countries to do business in, the government has identified areas requiring doing away with complex rules and simplifying procedures to enable businesses to start in four days flat. With India ranked poorly at 130th among 190 nations on the World Bank's Ease of Doing index, Finance Minister Arun Jaitley yesterday held a meeting to identify areas to improve the business climate and the country's ranking by cutting down on steps required to start a venture and make easy credit available. An eBiz portal will provide one-stop shop for dealing with matters related to the Ministry of Corporate Affairs as well as registrations of PAN/TAN and employee provident fund/employee insurance. "The Ministry of Corporate Affairs, CBDT, the Ministry of Labour and Employment ...

Automation Threatens 69% Jobs in India: World Bank

7Oct By Press Trust of IndiaNo Comments

News

Automation Threatens 69% Jobs in India: World Bank

Automation threatens 69 per cent of the jobs in India, while 77 per cent in China, according to a World Bank research which has said that technology could fundamentally disrupt the pattern of traditional economic path in developing countries. “As we continue to encourage more investment in infrastructure to promote growth, we also have to think about the kinds of infrastructure that countries will need in the economy of the future. We all know that technology has and will continue to fundamentally reshape the world,” World Bank president Jim Kim said. “But the traditional economic path from increasing productivity of agriculture to light manufacturing and then to full-scale industrialisation may not be possible for all developing countries,” Mr. Kim said in response to a question at the ...