Sheroes raises funds from Quin­til­lion media

The Pak Banker - - COMPANIES/BOSS -

BEN­GALURU: Ap­plied Life Pvt Ltd, which owns Sheroes, a jobs and ca­reer com­mu­nity for women, has raised an undis­closed amount from Quin­til­lion media, start-up ac­cel­er­a­tor 500 Star­tups and a group of an­gel in­vestors such as Paytm founder Vi­jay Shekhar Sharma, Google ex­ec­u­tive Ra­jan Anan­dan, Flip­kart co-founder Binny Bansal and Freshdesk founder Girish Mathrub­hootham.

Mekin Ma­hesh­wari, chief peo­ple of­fi­cer at Flip­kart, In­dus Khai­tan, founder of Bitzer Mo­bile which was ac­quired by Or­a­cle, and Kr­ishna Mehra, co-founder of Cap­il­lary Tech­nolo­gies, also par­tic­i­pated in the round. Ritu Ka­pur, who co-founded Quin­til­lion Media. along with Raghav Bahl, founder and for­mer man­ag­ing di­rec­tor of Net­work18, will join the com­pany's board. Sheroes, which claims to have more than 6,000 com­pa­nies and half a mil­lion women pro­fes­sion­als on the plat­form, helps women ex­plore part-time and work-from-home jobs, cor­po­rate roles as well as en­tre­pre­neur­ial op­por­tu­ni­ties.

"It was im­por­tant to bring in the right kind of in­vestors, as we build a high im­pact, high growth or­gan­i­sa­tion. Our in­vestors truly be­lieve in the pur­pose and vi­sion of Sheroes and we are de­lighted to have them sup­port us," said Sairee Cha­hal, founder of Sheroes. The com­pany plans to de­ploy the funds in build­ing the com­mu­nity and im­prov­ing the prod­uct. "The team has cre­ated a unique op­por­tu­nity for In­dian women, em­pow­er­ing them with ac­cess to ca­reers, while al­low­ing them to work from where they are the most pro­duc­tive. Sheroes is a rare en­ter­prise open­ing up cor­po­rates and other em­ploy­ers to a very ac­tive work force," said Quin­til­lion's Ka­pur. BMR Ad­vi­sors acted as trans­ac­tion ad­vi­sors to Quin­til­lion Media.

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