Nikhil Kamath’s Gruhas invests in Weavings Manpower Solutions

Gruhas, the investment firm co-founded by Nikhil Kamath and Abhijeet Pai, has invested an undisclosed sum in Weavings Manpower Solutions, a provider of staffing and workforce solutions in India. 

The funding will help the company to support and scale innovative businesses across the country. It will also use the funds to enhance Weavings' technology platform, expand into new geographies, and introduce specialised staffing solutions across various industry sectors. 

Founded in 2011, Weavings Manpower Solutions, a Planet Group venture, offers a comprehensive suite of people management solutions which are diligently designed to offer a competitive edge to the client’s business.

Commenting on the investment, Abhijeet Pai from Gruhas, said, “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 like manufacturing, warehouse management, and logistics. Their tech-driven solutions not only address compliance but also empower these 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.”

Weavings Manpower Solutions is one of the rapidly growing staffing agencies in India which provides end-to-end HR solutions like Contract Staffing, Permanent Recruitment, Statutory Compliance Management, Human Resources Information System (HRIS) Services, Master Vendor Services, Front-line bulk- hiring, and Payroll Management Services to medium and large-scale organizations in India operating in different industrial domains. 

Ashish Talwar, managing director at Weavings Manpower Solutions said, “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.”

In the startup space today, another company called  Scimplify, a speciality chemical manufacturing startup also raised $9.5 million funding from a slew of investors. Read more