Apna’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Apnatime Tech Private Limited | CIN: U74999MH2019PTC325170
Founded in 2019 by Nirmit Parikh, Apna has rapidly emerged as one of India's fastest-growing professional networks for blue- and grey-collar workers. The platform enables millions of users to find jobs, develop skills, and build professional communities through its mobile-first approach. Apna's growth trajectory has been fueled by its unique community-led model and hyperlocal focus, making it a critical tool for job seekers across urban and semi-urban India. Despite a challenging macroeconomic environment, Apna has expanded its services aggressively, helping employers connect with verified candidates quickly and efficiently. Its ability to combine social networking elements with employment solutions has set it apart in a highly competitive segment. With significant investor backing and a focus on technology innovation, Apna continues to evolve its platform to improve user experience and expand beyond recruitment into training and career development services.
| Founded | 2019 |
|---|---|
| Headquarters | Bengaluru, India |
| Valuation | ~$1.1 billion (2021) |
| Annual Revenue (FY24 est.) | ₹140 Cr |
| Net Loss (FY24 est.) | ₹109 Cr |
| Employees | ~600 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Seed | 2019 | $8 million | Lightspeed India, Sequoia Capital India |
| Series A | 2020 | $12 million | Sequoia Capital India |
| Series B | 2021 | $70 million | Insight Partners, Sequoia Capital India |
| Series C | 2021 | $100 million | Tiger Global, Owl Ventures, Insight Partners |
Apna has grown its revenue rapidly from ₹47 Cr in FY22 to an estimated ₹140 Cr in FY24, while maintaining its strong focus on product development and user growth.
Although EBITDA margins remain negative, Apna's losses have narrowed slightly as it prioritizes operational efficiencies and scales its monetization initiatives.
Apna has grown its team from around 400 in FY22 to approximately 600 in FY24, strengthening its technology and market expansion efforts.
Apna is focusing on expanding its presence in tier 2 and 3 cities, improving its AI-driven job matching, and potentially exploring an IPO in the coming years.
Recently, Apna announced partnerships with multiple large employers and introduced new skilling initiatives, reinforcing its position as a leading job and community platform.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹140 Cr (+46% YoY) – Strong revenue growth backed by higher placements and platform engagement. |
| Net Loss FY24 | ₹109 Cr – Losses narrowing slightly as monetization strengthens. |
| EBITDA Margin | -78% – Indicative of early-stage heavy investment in growth and technology. |
| Valuation | $1.1 billion – Unicorn status sustained through rapid expansion and investor trust. |
| Employee Count | 600 (+20% YoY) – Team expansion to support product and market growth. |
Apna’s fast-paced growth and strong user base highlight its potential to reshape India’s job market, particularly for blue- and grey-collar workers. Its focus on community, skilling, and hyperlocal expansion positions it well for future growth. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Entrackr, Economic Times, Business Standard, Crunchbase.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.