Get All Access for $5/mo

FlexiBees and Oneiric11 Gaming Raise Early-Stage Funding The startups listed below have disclosed investment rounds.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

[L-R] Rashmi Rammohan COO, Shreya Prakash CEO, Deepa Swamy CTO, FlexiBees

FlexiBees Raises Pre-Series A Round Led by Inflection Point Ventures

Talent marketplace FlexiBees has raised its pre-Series A round led by Inflection Point Ventures for an undisclosed amount. The round also saw participation from Shan M S, COO of Namma Yatri, Reema Mahajan, founder of International Women in Dubai, and other notable investors.

The raised capital will be used for expanding its technological infrastructure, refining its AI algorithms, and broadening its market presence to better meet the needs of both employers and talent.

Shreya Prakash, Co-founder and CEO of FlexiBees, said, "Our objective is to scale our operations to generate employment opportunities and improve employability for millions of women professionals currently outside the full-time workforce. This initiative will provide businesses across the world with access to a remarkable talent pool, helping them grow competitively."

Founded in 2017 by Shreya Prakash, Deepa Swami, and Rashmi Rammohan, FlexiBees is a platform connecting highly qualified women professionals with part-time, project-based, and remote roles. Serving over 700 global businesses, including Kimberly-Clark Professional and Tata Realty, FlexiBees boasts a network of over 60,000 professionals.

Vikram Ramasubramaniam, Partner, Inflection Point Ventures, stated, "Balancing household and office responsibilities often takes a significant toll on individuals, such as new parents or those caring for aging relatives, leading to compromises. FlexiBees addresses this by offering part-time, project-based, and remote jobs, enabling professionals to manage both their personal and professional lives effectively. This approach allows them to contribute their expertise while maintaining personal commitments, benefiting employers with access to skilled talent."

The platform has placed over 1,400 women in flexible roles and impacted 20,000+ through coaching and returnship preparation. FlexiBees offers roles in sales, digital marketing, finance, HR, and technology, cutting hiring times by 90%.

Rashmi Rammohan, Co-founder and COO of FlexiBees, added, "We recognized early on that the traditional marketplace matching approach was insufficient for our needs. Companies today are hiring for a wide array of roles flexibly, from sales and marketing to content strategy. Traditional gig marketplaces lack the capability to effectively manage these complex skill matches."

As of July 2024, its remote team of 30+ exemplifies its flexibility. The company was a 2022 TiE Women's competition runner-up and is recognized by Jefferies for innovation in flexible work.

Oneiric11 Gaming Raises USD 1 Mn in Pre-Series A Round

Actor Rannvijay Singha-backed esports and gaming platform Oneiric11 Gaming has raised USD 1 million in a pre-Series A round co-led by NG Family Trust and TAC Holdings, along with participation from other investors.

With the raised funds, the Chandigarh-based startup aims to expand its game development team, enhance technological infrastructure, and increase marketing efforts to reach a broader audience.

Avneet Singh, Founder and CEO of Oneiric Gaming, said, "This investment will help us accelerate our growth and bring innovative gaming experiences to our users. With the launch of Oneiric11, we are proud to introduce a game-changer in the industry, setting a new standard of fairness and accessibility for all."

Started in 2020 by Avneet Singh, Oneiric11 Gaming focuses on creating immersive and engaging gaming content tailored to the preferences of Indian gamers.

According to the company, its zero transaction fee feature on the platform is a consumer-centric approach and showcases its commitment to responsible gaming. Players can engage in a wide range of fantasy sports and enjoy rewards and prizes, making it the destination for fantasy gaming enthusiasts.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Science & Technology

5 Rule-Bending AI Hacks to Make Your Mornings More Productive and Profitable

By 2025, AI will transform productivity by streamlining workflows and cutting costs. Major companies like Microsoft, Google, and OpenAI are leading the way, advancing AI into "Phase 3," where tools act as digital assistants. Discover 5 AI hacks to boost efficiency and redefine your daily routine.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

5 Things to Know About India's Chess Pride, Gukesh Dommaraju

He is not only inspired by Dhoni but also relies on a coach from Dhoni's cricketing era to help him prepare mentally.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.