Women’s career engagement platform HerKey announced on Wednesday that it had raised $4 million in funding from Kalaari and 360 ONE Asset and angel investors, including Puneet Dalmia, Zia Mody, Pramit Jhaveri, Aditi & Shuchi Kothari, Ranjan Pai, Akash Bhansali, and Neeraj Bajaj.
Companies engage with women candidates throughout their careers, from recruitment and retention to promotion, via the HerKey platform. At present, HerKey’s platform has more than 10,000 companies.
“HerKey’s services are designed to support companies in building a diverse and inclusive workplace, attracting and retaining top talent, and creating a positive impact on their business,” the company said in a statement.
HerKey, formerly JobsForHer, stated that it was exploring ways to close the gender gap in the workforce, where women make up only 20% of the workforce, compared to 55% in the US and 60% in China.
“A digital platform like HerKey is the need of the hour to make progress towards this goal. HerKey helps women exchange diverse knowledge and perspectives and enables them to interact without being constrained by time and location,” said Vani Kola, Founder, and Managing Director of Kalaari Capital.
Through its CXXO programme, which aims to build a community of women leaders, Kalaari Capital backed the investment.
Nidhi Ghuman, the senior EVP at 360 ONE Asset, said HeryKey had accomplished remarkable feats over the years. “On average 80 percent women on a career break look forward to coming back into the workforce and we are delighted to participate in this endeavour to empower women and promote a more inclusive and equitable society,” she said.
Neha Bagaria, the Founder and CEO of HerKey, said she was grateful to the investors for their support in helping create a more inclusive workforce for women. “We need to create a movement where everyone, including men, supports and champions women’s careers. By working together, we can create a more inclusive and equitable workforce, which will benefit all,” she said.