COMMUNITY ENGAGEMENT AND HIRING PLATFORM UNSTOP RAISES $5M FROM MYNAVI AND COURSERA

COMMUNITY ENGAGEMENT AND HIRING PLATFORM UNSTOP RAISES $5M FROM MYNAVI AND COURSERA

About Unstop-

Started as a blog by Ankit Aggarwal in 2019, Unstop has a community engagement and hiring platform for students and freshers to learn, upskill, showcase their skills, gain CV points, and get hired. The platform connects students in India to a world of opportunities across the globe.

The capital from our first funding round will help us drive our growth plans to drive user and customer penetration in addition to enhancing our product and technology while adding team members who have been there and done that. With the capital, Unstop hopes to create a future where brands can match their skills requirements while engaging and recruiting talent across domains, including engineering, MBA, arts, science, commerce, and more.

Features - 

  • Unstop, a community engagement and hiring platform for students and graduates, has raised $5 million in its first funding round led by Mynavi, a Japan-based HRtech firm. 
  • Online learning platform Coursera, Venture Catalysts, 9Unicorns, and Pankaj Bansal, through his fund Caret Capital, also participated in the funding round.
  • In July, the Delhi-based platform hit about six million users and seven million monthly traffic for the first time. With a 90% margin and an EBITDA of 20%, we aim to grow multi-fold across all our parameters—users, revenue, traffic, etc., by March 31, 2024.
  • Currently, it is a community of over six million students and freshers from 20,000+ colleges attracting nearly two million monthly active users.
  • It has more than 800 brands, including Flipkart, Amazon, Reliance, Tata Sons, HUL, Reckitt, Accenture, EY, Infosys, Wipro, and other top recruiters working to engage and hire from this community.