# Vara

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vara-2

- Industry: Internet
- Headquarters: Singapore
- Website: https://varaapp.com/
- Total disclosed funding: $4.8M
- Latest round: Seed (Jul 13, 2021)
- Investors on record: 6

## About

Based in Singapore, and founded in 2020 by Abhinav Karale, and Vidush Mahansaria, Vara offers a staff management platform to small and medium enterprises in in labor-intensive sectors such as food and beverages and construction. In June 2022, Gyankaar Technologies Pvt Ltd, a portfolio company of India Quotient, QED Innovation Labs, and Surge, acquired Vara from Alpha JWC Ventures, FEBE Ventures, GO Ventures, RTP Global, and Taurus Ventures for USD 5.6 million.

The firm offers Bukugaji, which is a mobile application that acts as a staff management platform that enables small, and medium enterprises to manage their staff attendance and payroll. The product works through a single system of record to connect both employers and employees thus, reducing the manual work involved.

## Funding rounds

- Seed, Jul 13, 2021, $4.8M — RTP Global, GO Ventures, Alpha JWC Ventures, Taurus Ventures, FEBE Ventures, Surge

## Investors

- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Seed
- GO Ventures (https://capitalatlas.ai/funds/go-ventures) — Seed
- Alpha JWC Ventures (https://capitalatlas.ai/funds/alpha-jwc-ventures) — Seed
- Taurus Ventures (https://capitalatlas.ai/funds/taurus-ventures) — Seed
- FEBE Ventures (https://capitalatlas.ai/funds/febe-ventures) — Seed
- Surge (https://capitalatlas.ai/funds/surge) — Seed