Shiftz secures investment from industry veteran Nakul Anand

Shiftz, the pioneering staffing platform tailored for the hospitality industry, launched in 2023, continues to assert its dominance in the sector with a recent milestone achievement. Notably, the platform has attracted investment from Nakul Anand, the esteemed retired Director of ITC Group, boasting a distinguished career spanning over four decades.

The investment comes at a pivotal juncture for Shiftz, coinciding with projections by Crisil Ratings forecasting an 11-13% growth in the hospitality industry by FY 2025. With domestic demand and foreign tourism on the rise, Anand’s backing aligns perfectly with Shiftz’s aspirations for growth in tandem with the industry’s trajectory.

Expressing his confidence in the platform, Mr. Nakul Anand emphasized the critical role of people in the hospitality sector and lauded Shiftz’s innovative approach to addressing staffing challenges. He commended the team’s dedication and solution-oriented approach, underscoring the immense global potential he sees in the platform.

Shiftz aims to revolutionize staffing in the hospitality industry, combating high attrition rates and inconsistent talent pools. Already boasting collaborations with industry giants such as Taj Hotels, Ginger Hotels, Sarovar Hotels & Resorts, Barista Coffee, and Chalet Hotels, Shiftz utilizes an AI-enabled discovery engine to match companies with the most suitable on-demand workers, each profile subjected to rigorous background checks and verification.

CEO of Shiftz, Rachit Mathur, hailed Anand’s investment as a significant milestone, expressing gratitude for his visionary guidance. With the hospitality sector rebounding post-pandemic, Shiftz is poised to capitalize on this resurgence, leveraging Mr. Anand’s wealth of experience to drive industry leadership.

Operating in India and the UAE, Shiftz boasts over 50,000 users on its platform, experiencing a remarkable 50% month-on-month growth. Facilitating flexible workforce management, the platform enables hospitality businesses to scale operations without fixed payroll costs, positioning itself as an aspirational platform for industry professionals.

With comprehensive features encompassing communication, security, task management, discovery engines, transparency dashboards, and upskilling tools, Shiftz is primed to enhance productivity, foster engagement, and provide unparalleled flexibility for both employers and workers.

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