About

Meraqui Ventures Pvt. Ltd., founded in 2019 by Shalin Maheshwari and Lalit Singh, is revolutionizing workforce management in India through its innovative Workforce-as-a-Service (WaaS) model. Headquartered in Mumbai, the startup addresses the unique challenges faced by both employers and the blue-collar workforce, offering a tech-enabled platform that provides end-to-end lifecycle management solutions.

India, with over 70 million enterprises and approximately 450 million blue-collar workers, faces significant challenges in workforce formalization. Only 8-10% of blue-collar workers have access to formal jobs, less than 5% benefit from upskilling opportunities, and just 1-2% can access formal credit facilities. Meraqui Ventures aims to bridge these gaps by leveraging technology to streamline processes, enhance transparency, and improve workforce management efficiency.

Meraqui's proprietary tech stack, Sheldon, simplifies the hiring and management process. It begins with a seamless recruitment journey facilitated by chatbots and SMS links for candidates, enabling OCR-backed automated background verification and onboarding. Once onboarded, workers’ attendance is managed through GPS-enabled geofencing and facial recognition, which feeds directly into an automated payroll module for error-free pay register generation.

Employers benefit from Meraqui's ENGAGE ecosystem, offering a single-window portal for real-time transparency in workforce status, compliance, and payroll. Workers access opportunities, skills, and financial benefits via the "Mera World" Android app. The app's pre-approved early wages feature, in particular, has proven invaluable during emergencies.

The platform operates across diverse sectors, including e-commerce, logistics, supply chain, warehousing, and manufacturing, with a presence in over 25 states and 82 cities. Trusted by 250+ clients, including blue-chip companies, MNCs, and unicorns, Meraqui is sector-agnostic, providing customized solutions tailored to specific organizational needs.

Meraqui’s AI-driven Sheldon Match Logic ensures optimal candidate-job matches, improving satisfaction and reducing attrition. Additionally, its focus on sourcing workers from Tier-III and Tier-IV cities has been well-received by clients looking for reliable and skilled labor.

In its journey toward sustainable growth, Meraqui aligns with India’s broader goals of economic inclusion and skill development. The company is actively contributing to the workforce management industry, projected to grow to $570 billion by 2028.

With a lean team of approximately 70 employees, Meraqui has achieved significant milestones, including 250% year-on-year growth and a positive ARR of ₹100 crore. The company’s vision for 2025 includes onboarding 300,000 associates for over 2,000 clients, targeting an ARR of ₹4,000 crore.

By addressing critical gaps in the hiring ecosystem, empowering workers with skills and financial benefits, and delivering unparalleled value to its clients, Meraqui Ventures is setting a new benchmark in workforce management.