Awign Enterprises Private Limited
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Awign Enterprises Private Limited - overview
Established
2016
Location
Bangalore, Karnataka, India
Primary Industry
Internet
About
Based in Karnataka, India, and founded in 2016 by co-founders Annanya Sarthak, Gurpreet Singh, and Praveen Kumar Sah, Awign Enterprises Private Limited operates as a provider of an online platform that allows users to find internships and full-time and part-time jobs. In July 2024, Awign Enterprises Private Limited raised INR 2. 046 billion in Series C funding from Mynavi. As part of the transaction, Unitus Ventures, Pinnacle Investment, The Michael and Susan Dell Foundation.
Awign Enterprises Private Limited developed a mobile application platform, which allows companies to connect with candidates for hiring resources for businesses. These include field work positions like delivery partners and exam invigilators, as well as work-from-home roles in recruitment, telecalling, and digital gigs. It manages end-to-end execution, from project configuration and task allocation to quality control and payment completion. As of 2024, the firm offers a mobile application platform for Andorid smartphone users.
The company plans to use the funding from July 2024 for general operations, meeting working capital needs, and business expansion, filing revealed.
Current Investors
Indian Institute of Technology Ropar, Capria Ventures, Lumis Partners
Primary Industry
Internet
Sub Industries
Recruitment/Executive Search, Human Resources Services, Education & Training Website, Web Applications, HR & Workforce Software
Website
www.awign.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Series C
Total Amount Raised
Subscriber access only
Awign Enterprises Private Limited - timeline of key events
Awign Enterprises Private Limited - financials
| Fiscal Year Ended | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 224,566 | 8,147,943 | 86,663,614 | 137,430,399 | 134,468,654 | - | - | - |
| % Revenue Growth (YoY) | - | 3528.3% | 963.6% | 58.6% | (2.2%) | - | - | - |
| EBITDA (USD) | (2,486,830) | (12,611,716) | (21,782,436) | (152,043,611) | (168,082,752) | - | - | - |
| Operating Income (USD) | (2,498,318) | (12,665,448) | (21,803,747) | (152,074,807) | (168,186,606) | - | - | - |
| Operating Margin | (1112.5%) | (155.4%) | (25.2%) | (110.7%) | (125.1%) | - | - | - |
| % EBITDA Margin | (1107.4%) | (154.8%) | (25.1%) | (110.6%) | (125.0%) | - | - | - |
| NET Income (USD) | (1,728,578) | (13,449,091) | (22,020,684) | (153,029,491) | (169,425,992) | - | - | - |
| % Net Margin | (769.7%) | (165.1%) | (25.4%) | (111.4%) | (126.0%) | - | - | - |
Awign Enterprises Private Limited - employee data
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