Singapore-government owned investment firm Temasek’s job search platform for blue-collar workers GoodWorker has partnered with Bollywood actor Sonu Sood’s job search app for migrant workers Pravasi Rojgar to build a joint venture. GoodWorker has also created an initial investment of Rs 250 crore (about $34 million) into the new platform, it announced late Wednesday. Sood, who earned the national spotlight for assisting migrants attain their residences for the duration of the Covid-induced lockdown, had launched the Pravasi Rojgar app in July this year to help them in acquiring talent-primarily based jobs. Launched in partnership with edtech and skilling business Schoolnet India (formerly IL&FS Education and Technology Services), Pravasi Rojgar currently has ten lakh job seekers and employers which includes Amazon, Max Healthcare, Portea, Sodexo, Urban Company, and so forth. Temasek is amongst top investors in huge Indian technologies startups such as Zomato, Curefit, Ola, Pine Labs, and so forth.
The joint venture has targeted to “reach 10 crore Indians by providing access to good jobs and career progression through upskilling services, followed by financial, healthcare and social security services,” GoodWorker stated in a statement. Pravasi Rojgar’s scope via the tie-up is “now being expanded beyond job matching in partnership with GoodWorker, building on the combined strengths in migrant outreach, education, skilling, and technology.” The joint venture will formally launch its item offerings in early 2021.
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“This partnership will help in realising my dream of providing a better life and securing a livelihood for millions of youth. I am fortunate to partner with this socially relevant technology platform, as it helps institutionalise and scale Pravasi Rojgar’s humanitarian efforts,” stated Sood. For employers, the platform would enable them “effectively expand their operations by finding the right talent,” Pradyumna Agrawal, Board Member, GoodWorker. Temasek’s job search portal also presents blue-collar workers with a digital, verifiable profile to make their job search extra effective when creating the credentials extra genuine for employers to confidently employ them.
According to Betterplace — a technologies platform for blue-collar employee management — about 14 lakh blue-collar jobs are probably to be made in 2020 which would be 70 per cent of the all round demand levels in 2019. Moreover, 80 per cent of the all round demand will come from the gig economy when the recovery will be more rapidly in distinct gig economy sectors and would be led by Tier-II and III, the business stated in its blue-collar jobs report launched in September this year. The total job losses had been estimated at extra than ten lakhs due to Covid when the revenue loss was pegged at Rs 2467 crore per month.