Goodera raises Rs 80 crore from Zoom Ventures, Elevation Capital, Nexus, Binny Bansal and others

Employee volunteering platform Goodera has announced that it has raised Rs 80 crore ($10 million) in a funding round. Investors in the round include Zoom Ventures, Elevation Capital, Xto10X Technologies, Nexus Venture Partners, Omidyar Network India, Ursula Burns, and Binny Bansal, among others.

As organizations look to create a deeper social footprint, Goodera aims to combine social impact and employee engagement. The company said it will use the funds from the recent fundraiser to scale its equipment, technology and catalog. He had grossed around Rs 35 crore in Series A and Rs 79 crore in Series B in 2017 and 2018 respectively.

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Through Goodera, companies can deliver impactful and engaging on-demand volunteer experiences to employees around the world. Some of these include reviewing resumes of underprivileged youth, assembling solar lanterns for the homeless, planting trees, and cleaning beaches and parks, among others.

“We made volunteering simple and eliminated these overhead costs. Millions of employees can now volunteer without spending time and effort on volunteer management…This fundraising will help us scale our infrastructure to enable millions of employees to volunteer,” said Abhishek Humbad, Founder and CEO of Goodera .

Goodera currently runs virtual, hybrid and in-person volunteer experiences for employees in more than 100 countries and in more than 20 languages. It has more than 400 clients including IBM, Target, EY, Amazon and other brands, including 60 from the Fortune 500.

“With a strong team and a clear mission, Goodera is ready to scale rapidly in a market ripe for disruption,” Binny Bansal said of her investment in Goodera.

Ravi Adusumalli of Elevation Capital added: “Abhishek and the Goodera team have unmatched domain expertise and are creating a whole new category with their employee volunteering solutions, and we are excited to continue to support them with scale.”

Today, Goodera’s platform provides access to more than 10 million employees through its clients and aims to reach more than 100 million employees by 2025.