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About Kunal Khattar

Kunal Khattar, a FORE School of Management alumnus, is the Co-founder & VP of Carnation Auto.

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Junoon - vocational training and job platform for blue collar workers raises seed round from reputed angel Investors

Dec 15, 2020

News Junoon - vocational training and job platform for blue collar workers raises seed round from reputed angel Investors 11th, November 2020    -    News Junoon, founded by 17-year-old entrepreneur Ahaan Aggarwal is a vocational training and Jobs search platform for blue-collared workers in India has raised a seed round from reputed investors like Kunal Khattar, Sandeep Aggarwal, Chaim Freidman, Viren Rana, and Vishesh Tandon. The deal size and company valuation are undisclosed and the round is led by Kunal Khattar of AdvantEdge and Tech Entrepreneur and Investor Viren Rana. Junoon launched in April 2020 with a mission to help blue-collar workers unleash their full potential by providing standard and easy to assimilate vocational training and land satisfying jobs. Ahaan Aggarwal developed the platform while pursuing his IB and High School Diploma from the American Embassy School, New Delhi. During the pandemic, over 360 million informal jobs were impacted in India, resulting in an unemployment rate of over 23.5%. Junoon also released a research report on the informal jobs sector, that further talks about the eradication of livelihoods, and lack of training and opportunities to upskill for the 500 million labour force in India. Over 93% of the workers in this segment, had never received any vocational training. To solve this problem, Ahaan Aggarwal conceptualized and developed Junoon which not only provides rich training and upskilling programs to workers in over 20 categories but also supports them in finding a sustainable livelihood as per their improved proficiency. The training programs come in both text and video format and, also incorporates an AI-based algorithm to match the employer with the right set of skilled candidates. Speaking on the investment and the opportunity Ahaan Aggarwal, Founder & CEO, Junoon affirmed "India is the home for the largest number of blue-collared workers in the world. During the lockdown, most of us normalized work-from-home very quickly, I could see that its wasn't the same for the large majority of unskilled workers across the country. The mass exodus from the urban areas due to extinguished opportunities was horrifying on multiple aspects. I created Junoon to support our workers to come back to the job market by being better trained and give them the ability to easily find opportunities. In many ways, we are creating digital community colleges for vocational training and placements. We are supported in this endeavor by corporates, individuals and government branches – and would like to invite more to work with us on this life and economy changing initiative."     Speaking on the investment Kunal Khattar, Managing Partner, AdvantEdge Founders said, "We have been observing the way this young venture has been leading from the front and believe that it has the requisite vision and execution in place to upskill our blue-collared workers in the country. These people witnessed hand to mouth situation due to no job in the Pandemic and now facing lots of challenges to get back the required Job. The right set of training will scale the working procedure of these workers. I collaborated considering how the vision is to provide the right set of talent to enterprises too. "      About Junoon Junoon is a simple, instructional based online vocational training and job search platform that is focused on blue-collar jobs. Junoon is founded by Ahaan Aggarwal, a 17-year-old young entrepreneur. Ahaan is passionate about helping unskilled workers to learn new skills and become upwardly mobile. Economic Independence for all, is a long-term vision for Junoon. Junoon provides rich training programs to workers across 20 categories like Auto Mechanic, Auto Driver, Painter, Plumber, Electrician, Warehouse Keeper, Security Guard, Carpenter, Mason, Construction Worker, Cleaner, Laundry Attendant, Gardener, Server, Runner, Cooking Assistant, Nanny, Pick, Pack, Delivery Man. The training programs come in both text and video formats and are deemed to be an important step towards standardizing the modest jobs in the country to provide a substantial living. It offers an end-to-end workforce management system by producing quality, skilled manpower, thereby contributing to the Indian economy. For more details please visit –  https://junoon.me/

Kunal Khattar Investments

6 Investments

Kunal Khattar has made 6 investments. Their latest investment was in Onsurity Technologies as part of their Angel on April 4, 2021.

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Kunal Khattar Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/2/2021

Angel

Onsurity Technologies

Yes

2

11/10/2020

Angel

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$99M

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10

11/14/2017

Seed VC

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$99M

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10

8/2/2016

Seed VC

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$99M

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10

4/19/2016

Seed VC

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$99M

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10

Date

4/2/2021

11/10/2020

11/14/2017

8/2/2016

4/19/2016

Round

Angel

Angel

Seed VC

Seed VC

Seed VC

Company

Onsurity Technologies

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Amount

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

10

10

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