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Awign Enterprises

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Operations and manpower outsourcing startup with a platform to take up on-the-ground work from businesses

Bengaluru, IndiaFounded 2016eCommerce & Marketplaces
Valuation $100–250M Last recorded · 2024
Headcount 1–2k Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Awign Enterprises and the history behind them.

About Awign Enterprises

Awign Enterprises operates as a tech-driven, on-demand work fulfillment platform in India, connecting enterprises with a flexible gig workforce. Founded in 2016 by IIT alumni Annanya Sarthak, Gurpreet Singh, and Praveen Sah, the company is headquartered in Bengaluru, India. The founders identified a market need to organize and execute enterprise work digitally, leading to the creation of a platform that bridges the gap between companies requiring project-based work and a distributed workforce. CEO Annanya Sarthak, a mechanical engineer, previously worked as a management consultant. Gurpreet Singh serves as the Chief Revenue Officer, leading enterprise sales, while Praveen Sah, the Chief Technology Officer, brings experience from previous roles at Flipkart and Ola.

The company functions as a two-sided marketplace, serving enterprises on one end and gig workers on the other. Its business model is outcome-based, meaning clients are billed for the completed work itself, not for the number of workers. Awign does not charge the gig workers on its platform. The firm caters to a wide array of sectors including FMCG, retail, BFSI, telecom, e-commerce, and mobility, with notable clients like Tata Group, Swiggy, and Infosys. In April 2024, Japanese firm Mynavi acquired a majority stake in Awign, turning it into a subsidiary to support both Indian and Japanese companies.

Awign's core service involves taking on complex enterprise requirements and breaking them down into smaller, manageable micro-tasks for its network of over 1.5 million gig partners across more than 1,000 cities. The platform handles the entire workflow, from discovering and training workers to managing task execution and processing payroll. Services offered are extensive, encompassing business development, last-mile delivery, auditing, due diligence, content moderation, tele-calling, and proctoring. For its gig workforce, Awign provides flexible work opportunities, upskilling through online courses via Awign University, and career growth prospects, aiming to make gig work a viable career path. The company's technology platform is a key feature, automating task allocation, tracking, and payments, ensuring efficient and quality-controlled outcomes for its enterprise clients.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2016
Headquarters
Bengaluru, India
Employees
1,463
Open positions
None listed
Dealroom signal
91.0/100
Industry
Jobs Recruitment
Sector
eCommerce & Marketplaces, Business Development, Outsourcing, Market Intelligence
Business model
Marketplace & ecommerce
Client focus
b2b, b2c

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCOther financing May 2024 $25M $100M Mynavi ↗
ACQUISITIONOther financing Apr 2024 $0 — Mynavi ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Awign Enterprises website traffic

Latest recorded traffic for Awign Enterprises is 56K monthly website visits, up 107.4% over the last three months. Awign Enterprises's team grew 57.1% over the past year.

Latest monthly visits56K 3-month web change+107.4% 1-year team growth+57.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Capria Ventures

Series A6 investors entered at this stage

  • Michael & Susan Dell Foundation
  • Eagle10 Ventures
  • Amicus Capital Partners
  • Bertelsmann India Investment
  • Mynavi
  • Amicus India Capital Partners

Series B and later1 investor entered at this stage

  • Blacksoil
Team profiled 32 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇮🇳 India98.2%
🇦🇪 United Arab Emirates0.3%
🇺🇸 United States0.2%
🇩🇪 Germany0.2%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Awign Enterprises on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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