About Awign
Awign is a company based in Bengaluru (India) founded in 2016 by Harjit Singh, Gurpreet Singh, Praveen Kumar Sah, and Annanya Sarthak was acquired by Mynavi in April 2024. Awign has raised $28.85 million across 9 funding rounds from investors including BlackSoil, Wellfound and Pinnacle. The company has 156 employees as of September 18, 2024. Awign offers products and services including Awign App, Upskilling Programs, and Workforce Solutions. Awign operates in a competitive market with competitors including smartstaff, Vahan, Workex, PickMyWork and Taskmo, among others.
- Headquarter Bengaluru, India
- Employees 156 as on 18 Sep, 2024
- Founders Harjit Singh, Gurpreet Singh, Praveen Kumar Sah, Annanya Sarthak
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Awign Enterprises Pvt. Ltd
- Date of Incorporation 06 Jul, 2016
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$16.36 M (USD)115.61as on Mar 31, 2023
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Net Profit
-$4.77 M (USD)-96.73as on Mar 31, 2023
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EBITDA
-$4.65 M (USD)-115as on Mar 31, 2023
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Total Equity Funding
$28.85 M (USD)
in 9 rounds
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Latest Funding Round
$155.89 K (USD), Series B
Apr 02, 2024
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Investors
BlackSoil
& 53 more
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Employee Count
156
as on Sep 18, 2024
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Acquired by
Mynavi
(Apr 26, 2024)
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Products & Services of Awign
Awign offers a comprehensive portfolio of products and services, including Awign App, Upskilling Programs, and Workforce Solutions.
Mobile app for finding and completing gig work tasks.
Online courses to enhance skills for gig workers.
Services for enterprises to manage gig staffing needs.
Funding Insights of Awign
Awign has successfully raised a total of $28.85M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $155.89 thousand completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Awign
Awign has secured backing from 54 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include BlackSoil, Wellfound and Pinnacle.
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Venture debt is provided to growth-stage companies for business scaling.
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Venture capital firm backed by Bertelsmann
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Investment services in financial services, consumer, healthcare, technology, and manufacturing sectors.
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Investor details for Awign
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Awign
Investment portfolio details for Awign
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - Awign
Detailed financials for Awign
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- Profit trends
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Awign Comparisons
Peer comparison for Awign
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Awign
Awign operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as smartstaff, Vahan, Workex, PickMyWork and Taskmo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of workforce management platform for blue collar employee lifecycle management
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AI-powered recruitment and staffing for blue-collar workers are provided.
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Platform for recruitment, staff management, and payroll automation
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Gig employee hiring platform
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On-demand staffing platform connecting companies with pre-screened temporary workers.
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Detailed competitors of Awign
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Latest news on Awign
Complete news archive for Awign
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Frequently Asked Questions about Awign
Awign was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Awign is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Annanya Sarthak is the current CEO of Awign. They have also founded this company.
Awign is a funded company, having raised a total of $28.85M across 9 funding rounds to date.
As of Sep 18, 2024, the latest employee count at Awign is 156.
Annual revenue of Awign is $16.36M as on Mar 31, 2023.
Awign was established in 2016 in Bengaluru, India, as a cloud-based platform for on-demand internships in sectors including human resources, sales, and logistics. Internship vacancies are listed for candidates to review and apply to, with selections made following interviews. On-job training is delivered to selected participants. The platform is accessible through downloads from Google Play and the Apple Store.
Awign's top competitors include Vahan, LabourNet and PickMyWork.
Awign offers Awign App, Upskilling Programs, and Workforce Solutions.
Awign has 54 investors. Key investors include BlackSoil, Wellfound, Pinnacle, Michael & Susan Dell Foundation, and Eagle10 Ventures.
The valuation of Awign is $44.69M as of Apr 2024.