Bengaluru-based professional networking and jobs platform Apna has raised Series B funding of $70 million led by Insight Partners and Tiger Global, at a valuation of $570 million. Existing investors Sequoia Capital India, Lightspeed India, Greenoaks Capital, and Rocketship VC also participated in the round.
The investment will allow Apna to build more new products, hire best-in-class tech talent, and expand to new geographies. A statement shared by the company added that the funding would be used to strengthen its presence in existing cities and expand pan-India over the next six months.