AamDhanE, a tech-enabled platform connecting blue-collar job seekers with employers, has successfully raised an undisclosed sum in its pre-Series A funding round. This funding round was led by the Michael and Susan Dell Foundation (MSDF) and the Tamil Nadu Emerging Sector Seed Fund (TNESSF), managed by the Tamil Nadu Infrastructure Fund Management Corporation Limited (TNIFMC), alongside contributions from the company’s founders.
Founded in 2021 by alumni from IIT Kanpur, INSEAD, and London Business School, AamDhanE addresses the fragmented nature of India’s blue-collar job market by leveraging technology and on-ground support. The platform caters primarily to industries such as manufacturing, e-commerce, construction, and textiles, boasting partnerships with over 400 factories. Services offered include manpower sourcing, payrolling, and tailored staffing solutions.
Krishna Gupta, co-founder and CEO of AamDhanE, emphasized the platform’s mission to serve India’s bottom-of-the-pyramid workforce, bridging gaps in unorganized recruitment channels and geographical disparities.
The involvement of MSDF and TNESSF underscores AamDhanE’s potential to enhance livelihoods and support industrial growth in the country. “MSDF is dedicated to AamDhanE’s vision of organizing the blue-collar workforce in India,” stated Sanjay Modi, Director at MSDF.