Delhi based MyMobiForce (Innotion Technologies Pvt. Ltd.) has secured $1.42 Million (10.3 Crores INR) as part of Pre-Series A round of funding led by Bharat Inclusion Seed Fund with participation from Group of Angels led by Manu Iyer of Bluehill Capital, Acsys Investments and Ashutosh Agrawal (Ex-Urban Company).
MyMobiForce is an AI powered crowdsourcing Platform which claims to empower businesses to scale effectively by providing on-demand Field Technical workforce in a plug and play fashion. The company was set up in 2018 by Dheeraj Khatter, Himanshu Kumar, and Kshitiz Saini. MyMobiForce has a resource pool of 50,000 technical gig workforce across 8,000 Pin Codes in India.
The Founder’s in a joint statement said, “MyMobiForce has grown 2x during the Covid times and has managed to scale the operations to support 100 Plus customers. We will use the capital raised to skill and empower additional 20,000 Service Technicians across 10,000 Pin codes.”
Commenting on the investment, Sanjay Jain, Partner at Bharat Inclusion Seed Fund, added, “India is still among the least penetrated flexi staffing markets globally with merely ~0.5% of the workforce employed in a flexible manner as against 3-4% globally. With the increasing formalisation of the economy, GST, labour law reforms, Covid and increasing number of enterprises shifting to flexi-staffing, Crowd sourced platforms are poised for the next leg of growth over the long term. We are really excited to partner with MyMobiForce; the company has built a world class platform that allows businesses to digitally connect, skill, monitor and empower field workforce to complete technical jobs.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.