Jobaaj Stories
It was a hidden ambition to do something of his own which took him to build India’s Youngest Unicorn within only two years.
Nirmit Parekh hails from Mumbai in a middle-class family, where achieving goals are the top priority. Following this he completed his B-Tech from Nirma Institute of Technology in 2009. His decision of pursuing an MBA from the prestigious Stanford University Graduate School of Business helped him learn a lot about running quality businesses.
Parikh was always interested in pursuing something of his own. At the age of 21, he founded his first company named Incone, which worked on solving the problem of managing floods. It also took Parikh to World Economic Forum.
Later, his other company called Cruxbox was acquired by Intel. Through this, he had an opportunity to work as the director of data analytics at Intel.
His other opportunity was in another legendary tech corporation, Apple. While his dreams of working as a techie in the U.S. were becoming true, He had his heart set on pursuing something of his own.
After hearing about the stories of some of his friends, Parikh decided to run an initiative. As per him, in a country where numerous people are unemployed and how there is a lack of employment.
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Let’s jump to what his story helps us learn.
Past few years as the wave of pandemic hit leading to unemployment with businesses shutting down. In a country of about 1,428,627,663 people divided into blue and white collared employees and still facing unemployment is the country’s major concern.
Apna is such a platform that aims to connect professionals with potential employees to land their jobs.
Apna was founded in 2019 and within 21 months it was declared as a unicorn.
Employers may now use this platform to post job openings, interact with prospects and recruit manpower in their organization. Some of the notable clientele of the Apna App include Unacademy, BigBasket, Licious, WhiteHatJr, Flipkart, etc. Apna App can be accessed on IOS as well as Android.
It can even be accessed in 11 languages and about 28 cities. This business has established over 70 networks for working professionals even from beauticians to electricians so that they can explore more prospects and opportunities.
Today, Apna is one of the largest professional networks in recruiting vertical.
The applications help interact with one another and generate leads and Ideas for self-improvement.
Before launching the business, Parikh discussed with the employees to understand the issues they faced to understand the working better.
For example, grow with Markets has stated that if a watchman is hired somewhere, and the plumber is needed due to some issue in the water facility. The watchman can post a status in the application mentioning the need for the plumber. In the past, Parikh had no intentions of adding Adds to the platform.
The platform further provides skill enhancement options to its users. A premium edition is also available for individuals who require various support.
This Tiger Global-backed job platform earns its revenue by providing software development services and some recruitment solutions through the web or application. However, the majority of its revenue comes from software development. It reportedly generated Rs. 63.87 crores last year.
This venture has till now bagged $ 190 million + from Marquee Investors like Owl Ventures, Insight Partners, Maverick Ventures, etc.
Also, Read This founder brought Mayfield's stake
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