Breaking News

Staffing aggregator FeedMyPockets raises $625k from US-based impact investor

img


FeedMyPockets is a student engagement platform that provides part-time jobs with flexible working hours and is targeted towards students.  

Bengaluru, 13 Dec, 2018. RedNewswire/-

FeedMyPockets, India’s leading staffing aggregator is revolutionising the part-time work culture in India by providing jobs for Students who wants to work and earn at their flexible hours by doing hourly, daily and seasonal part-time jobs.

Bengaluru-based on-demand staffing platform FeedMyPockets has raised seed funding of $625,000 from an undisclosed impact investor based in South Florida, US.

The company was founded by Prashant Janadri and Naveen Ramachandra in 2017 and currently operates in Bengaluru, Hyderabad, Chennai, Mumbai and Pune. The startup will use the capital to further strengthen its tech infrastructure and expand operations, said Janadri.

It also provides a workforce management solution for employers to source talent and manages their hourly or part-time workforce.

Also Read:  Healthcare Facilities Management Market 2018 - 2026: A Well-Defined Technological Growth Map With An Impact-Analysis

Job Seekers/Students have to download its app and fill in their basic details required, get certified and collect the onboarding kit from the company. The company will notify them on job alerts.

The startup is owned and operated by StellarSlog Technovation Pvt. Ltd, the company claims to have disbursed nearly Rs 2 crore of wages among students who have clocked more than 2.5 lakh working hours.

In Association with fintech companies, students can take loan on education or gadget and pay back in flexible monthly EMIs with working on part time jobs through FeedMyPockets platform.

The company claims to have fulfilled about 25,000 job requirements, employing about 6,000 students.

FeedMyPockets runs a web portal for both recruiters and job candidates. Students can apply for jobs or internships based on location and different criteria. They are then screened and selected by FeedMyPockets. The final list is shared with the employer.

Also Read:  Licensed Sports Merchandise Market Estimated to Cross US$ 46,881.6 Million Globally by 2026: TMR

Featured image source