Instawork raises $60m funding as it looks to double India workforce
Photo: Reuters
July 12, 2021
Instawork, a digital marketplace connecting local businesses with qualified professionals across the US, has raised $60 million in its Series C funding round led by Craft Ventures as it looks to double its employee base in India in the next few months.
Instawork has an office in Bengaluru and India currently contributes about 35% to the company’s total employee base.
The financing also saw participation of Greylock, Corner Ventures, Four Rtiver Group, WndrCo, and Tilman Fertitta , owner of Landry’s aext nd the Houston Rockets, alongside existing investors Benchmark, Spark Capital, GV, Burst Capital, and SV Angel, the company said in a statement.