HerKey raises $4 Mn from Kalaari and others

HerKey, a career engagement platform for women in India, has raised $4 million in a pre-Series A round from Kalaari, 360 ONE Asset, and angel investors including Zia Mody, Puneet Dalmia, Pramit Jhaveri, Aditi and Shuchi Kothari, KP Balaraj, Ranjan Pai, Neeraj Bajaj, Akash Bhansali and others.

The investment was backed by Kalaari Capital through its CXXO programme, an initiative to level the playing field for Indian female founders and CEOs. 

The platform seeks to address the gender gap in the Indian workforce, where only 20% of women participate in the labor force, compared to 60% in China and 55% in the United States, HerKey said in a press release.

Formerly known as JobsForHer, HerKey supports companies in building a diverse and inclusive workplace, attracting and retaining top talent, and creating a positive impact on their business. 

HerKey currently services over 3.5 million women and plans to scale to power 30 million women's careers in India. 

Companies use the HerKey platform to engage with women candidates in their entire career lifecycle, from recruitment to retention to promotion. Currently, there are over 10,000 companies on the platform, and HerKey invites more companies to unlock opportunities, learning, and communities for women candidates on the platform.