Women focused career platform Sheroes has acquired the Bengaluru based online career restart platform Women Restart, for an undisclosed amount. India’s largest growth network for women Sheroes, is owned and operated by Delhi based Applied Life Pvt., Ltd.
Women Restart, founded in 2015, helps women restart careers and progress in their chosen field after a break. According to a press statement, as a part of this acquisition, the founder and CEO of Women Restart, Sheetal Arora will join Sheroes as director of research and resources.
Women Restart was launched because of the challenges women face trying to restart careers after a break, acting as a support system for such women. They have been a strong community on the Sheroes app which lends holistic support and space to its community of women according to Sheroes founder Sairee Chahal.
Founded in 2014, Sheroes works with companies to provide support for their workforce needs and helps them build women centric channels. This women centered platform offers a diverse range of engagement formats to women such as corporate jobs, partner programs, work from home, part time work, freelancing and internship programs. Speaking about their third acquisition, Sairee Chahal said, “The aim is to strengthen women in their personal and professional pursuits. This acquisition will integrate with those efforts.”
The company acquired online counseling platform LoveDoctor.in for an undisclosed amount in September last year. In October, they also acquired Gharkamai.com, which is an online platform that helps stay at home professional women find work. The career portal for women raised Rs. 12 crores in a Series A funding round led by Gurgaon based investment firm Lumis Partners along with the HR Fund, angel investor Rajul Garg and existing investor Raghav Bahl led Quintillion Media, in August 2016. 500 Startups, Paytm founder Vijay Shekhar Sharma, Google India head Rajan Anandan and Flipkart cofounder Binny Bansal have also invested in this women focused career startup.