In a significant boost to its mission of empowering gig workers in India, Futwork has announced the successful closing of its Series A funding round. This round was led by the Michael & Susan Dell Foundation, with participation from other notable investors. This new capital infusion will enable Futwork to further develop its platform, scale operations, and expand its reach across the country.
Founded in 2019 by Shantanu Jha and Raj Das, Futwork aims to provide meaningful gig opportunities for India’s vast youth population. The platform connects businesses with a trained and on-demand remote workforce, focusing primarily on sales and customer support roles. By offering flexible work opportunities, Futwork addresses the employment gap for young people, especially those in tier-2 and tier-3 cities.
The funds raised in this round will be used to enhance Futwork’s tech platform, improve worker training modules, and broaden its client base. The company plans to expand its team and strengthen its AI-driven matching algorithms to ensure a better fit between gig workers and employers, thereby improving overall job satisfaction and productivity.
The Michael & Susan Dell Foundation’s investment aligns with its mission of transforming the lives of children and families living in urban poverty. By backing Futwork, the foundation aims to support a sustainable solution that empowers the youth and contributes to economic growth.
With this latest funding, Futwork is poised to make a larger impact on the gig economy, creating accessible job opportunities and helping businesses tap into a skilled, flexible workforce. As it moves forward, Futwork is committed to building a robust platform that not only provides income opportunities for young Indians but also supports businesses in achieving their growth objectives.
Stay tuned as Futwork continues to revolutionize the gig work landscape in India.
