J. Sagar Associates (JSA) advised and represented GoodWorker Pte. Limited (GoodWorker) in its proposed investment of INR 250 Crore in a joint venture with SchoolNet India Limited (SchoolNet) and Sonu Sood.
GoodWorker is a job matching platform that connects blue-collar workers and potential employers in India with one another and has been founded by Temasek, a global investment company headquartered in Singapore. SchoolNet is one of India’s largest digitally-led education and skilling companies having in-house capabilities in the field of designing digital platforms and learning content. Sonu Sood has been actively supporting migrant workers since the nation-wide lockdown on account of COVID-19 and along with SchoolNet launched Pravasi Rojgar, an employment portal for job-seekers in July 2020. Pravasi Rojgar’s scope is now being expanded beyond job matching in partnership with GoodWorker, building on the combined strengths in migrant outreach, education, skilling and technology.
The joint venture aims to reach 10 crore Indians by providing access to good jobs and career progression through upskilling services, followed by financial, healthcare and social security services. The initiative will also help employers in recruiting and retaining verified blue-collar workers, which will result in productivity gains, improved profitability and sustainable operations.
JSA Team comprised – Partner – Manvinder Singh, Senior Associate – Divyam Sharma and Mukul Aggarwal andAssociates – Aman Parnami and Vishakha Singh.