GoodWorker revealed on Wednesday that it had invested $34 million in Pravasi Rojgar, Sonu Sood, and Schoolnet’s career platform for blue-collared employees.
Launched by Sood along with Schoolnet in early 2020, Pravasi Rojgar is an employment portal for work-seekers, especially migrants, after millions of job losses during the pandemic.
By providing access to good employment and career progress through upskilling services, followed by financial, healthcare, and social security services, the digital platform aims to reach 100 million Indians.
The program aims to help employers attract and retain confirmed blue-collar employees, resulting in improvements in efficiency, increased profitability, and sustainable operations.
This collaboration will allow me to fulfill my dream of providing millions of young people with a better life and a better livelihood. “I am fortunate to be partnering with this socially relevant technology platform as it helps institutionalize and scale up the humanitarian efforts of Pravasi Rojgar,” said Sood, founder of Pravasi Rojgar, whose philanthropic services to migrant workers have been widely recognized.
The job portal uses decentralized technology developed by Affinidi, also created by Temasek, a Singapore investment firm, and will provide digital identities and verifiable qualifications for employees and their families. They would have greater control of their data and better access to opportunities for work and life-enhancing programs.
“GoodWorker’s cutting-edge technology will enable businesses in India to expand their operations effectively by finding the right talent, and also enable employees to control their data while expanding access to digital products and services,” said Pradyumna Agrawal, GoodWorker’s board member, while announcing the partnership. “With digital transformation accelerating against the backdrop of the COVID-19 pandemic, the investment by GoodWorker reflects our optimism towards technology and digitalization-based trends in India.”
In collaboration with GoodWorker, the scope of the platform is now being extended beyond job matching, drawing on the combined strengths of migrant outreach, education, expertise, and technology. The strategy revolves around a central digital platform backed by the physical network of Schoolnet distributed across India. Early next year the joint venture will officially announce its product offerings.
