Bengaluru-based Awign, a platform allows companies to outsource business functions to remote workforce, including students, has raised funding amounting to ₹5 Crore. The funding round was led by Unitus Seed Fund, a leading social impact investment firm, reported LiveMint.

Founded in July 2016 by IIT Ropar alumni -- Annanya Sarthak, Gurpreet Singh and Praveen Sah, Awign enables firms to outsource aspects of their core operations and sales that require human workforce in distributed locations and converts them into project-based internship programs offered to students.

The fresh funding raised will be used by the startup to improve its products and for outreach -- pitching to more corporates and tapping students.

Earlier in August 2017, the startup had raised Rs 90 lakh ($140,000) from a clutch of angel investors including IIT Ropar, Imanpreet Singh Arora, Sidharth Rozario and entrepreneur Saurabh Abichandani.

"We are currently operational in 130 cities in India and manage everything without ever physically visiting any city. We want to completely turn our service into product and influence career paths for a million students. The funds would be instrumental in both scaling our outreach and improving our product,” said Gurpreet Singh, co-founder of Awign.

“We are excited to be working with Awign to support their growth. Majority of business operations in India continue to be offline-driven, requiring high-intensity human intervention at all stages. Awign’s strong technology-enabled platform and a growing network of well-trained college temp workforce have successfully streamlined these operations, minimized turnaround time and completely eliminated setup and operation costs in multiple locations,” said Will Poole, co-founder and managing partner at Unitus Seed Fund.

About Unitus, it is being said that with its investments in over 14 startups in its active portfolio, Unitus Seed Fund has improved the lives of over 1.2 million people at the bottom of the pyramid (BoP).

The firm is currently raising its second fund of $50 million and plans to back between 25 and 30 startups in education, health care and financial technology by 2021.

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