Weavings Manpower Solutions, the Indian staffing and workforce solutions company has found a strategic investor in Gruhas, the investment firm co-founded by Nikhil Kamath and Abhijeet Pai.
With its presence in over 100 cities and 22 states, Weavings is a platform for blue-collar staffing across India that has enriched over two lakh lives. It has built a robust ecosystem for blue-collar workers, ensuring they get fair employment as well as social security benefits.
With this funding, Weavings will be able to pursue a 4x growth trajectory over the next five years. The capital will be used to enhance Weavings’ technology platform, expand into new geographies, and introduce specialised staffing solutions across various industry sectors. The company’s financial foundation will also be strengthened along with its operational capabilities. Its proprietory digital platform ensures predictability and transparency in workforce management, enhancing speed and compliance.
Weavings aims to manage the entire talent lifecycle for frontline workers, offering a responsive and agile approach to meet fluctuating workforce demands. It hopes to deliver high-quality, organised, end-to-end staffing solutions to various growing sectors, including e-commerce, BFSI, retail and logistics.
Ashish Talwar, managing director, Weavings, is confident that “this investment will support Weavings in expanding its avenues into newer sectors as well as building long-term collaborations and establishing strategic partnerships. Furthermore, we aim to leverage Gruhas’ valuable experience, expertise, and industry connections to drive innovation, scale our operations, and achieve our strategic goals, which will solidify our position as the fastest-growing staffing company in the country.”
Abhijeet Pai, Gruhas, believes, “India’s economic engine runs on the sweat of its blue-collar workforce. Weavings is uniquely positioned to address this critical need by leveraging technology to bridge the gap between the blue-collar workforce and booming sectors such as manufacturing, warehouse management and logistics. Its tech-driven solutions not only address compliance but also empowers workers, improving their employability and career prospects. This, in turn, fuels India’s growth and creates a win-win situation for both businesses and the workforce.”