GigIndia
Company

Last deal

$869.35K
Local Amount - INR 73M

Amount

Seed

Stage

10.07.2020

Date

3

all rounds

$869.35K

Total amount

date founded

Financing round

General

About Company
GigIndia is a marketplace that provides on-demand work completion for companies through a gig workforce of jobseekers.

Industry

Sector :

Subsector :

founded date

05.01.2017

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

GigIndia is a freelancing marketplace that offers a well-trained workforce for short-term projects in all major Indian cities, empowering businesses to scale effectively by providing on-demand task completion via platform taskforce for use cases like field sales, field marketing, recruitment, field operations and telecalling. The company's technology-driven processes ensure businesses get the desired results with high standards of quality. GigIndia has over 750,000 platform taskforce across 100+ cities in India ready to complete tasks on an earn-per-task basis. Enterprises across industries like Ecommerce, Telecom, BFSI, Real-estate, Foodtech, EdTech, Manufacturing and FMCG have trusted GigIndia to grow faster.
Contacts

Contact Email

Social url

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M&A Details
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Transaction name

Acquired by

PhonePe

announced date

22.03.2022

Financials

Funding Rounds
3
3

Number of Funding Rounds

$869.35K

Money Raised

Their latest funding was raised on 10.07.2020. Their latest investor Hiro Mashita. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
10.07.2020
8
$869.35K
Local Amount - INR 73M
26.12.2017
1
Incubate Fund India

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Subsector

Closed End Investments

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count Of Investments

28

count Of Exists

2
Subramaniam Ramadorai

Subramaniam Ramadorai

Subramaniam Ramadorai is the Chairman of National Skill Development Agency & the National Skill Development Corporation, a Public Private partnership arm of the Government. Ramadorai has been in public service since February 2011. The NSDA is an autonomous body which coordinates and harmonizes the skill development efforts of the Government and the private sector to achieve the skilling targets of the nation. He is also Chairman of the National Skill Development Corporation (NSDC), a Public Private Partnership arm of the Government of India for creating large, for-profit vocational institutions. In February 2011, the Government had appointed him as the Adviser to the Prime Minister in the National Council on Skill Development, in the rank of a Cabinet Minister. This Council was subsumed into the NSDA in June 2013. Recently, Subramaniam retired as Vice-Chairman of the Board of Directors at Tata Consultancy Services. Subramaniam has been associated with TCS for the past 36 years. Subramaniam took over as Chief Executive Officer of TCS in 1996 and has been instrumental in building TCS to a $5.7 Billion global IT services, business solutions and outsourcing company, with a talent base of over 1,16,000 people, geographical reach of 42 countries and an enviable client list which includes six of the top ten Fortune companies. Subramaniam set his sights on ensuring that TCS is among the Global Top Ten Software companies. In October 2006, TCS was recognized by the Economic Times as the company of the Year, a fitting tribute to its increasing global presence. Subramaniam's contributions to the industry have been well recognized through the numerous awards he has received. In 2002, Subramaniam was awarded with CNBC Asia Pacific's prestigious 'Asia Business Leader of the Year' Award. Subramaniam has been honoured with the position of "IT Advisor to Qingdao City', People's Republic of China. In November 2006, Ernst & Young awarded him with the prestigious 'Entrepreneur Manager of the Year' award. In the same year he was recognized by Computer Business Review in July 2006 as the sixth most influential IT leader in the world. In appreciation of his commitment and dedication to the IT industry, Subramaniam was also awarded the "Padma Bhushan" by the Government of India in January 2006. Subramaniam holds chairmanships and directorships of several Tata Group companies and is a Member of the Board of Directors at Hindustan Unilever Limited and Nicholas Piramal India Limited. Subramaniam is a Member of the Corporate Advisory Board, Marshall School of Business (USC) as well as the Said Business School at Oxford. Among his other distinctions, Subramaniam is a Fellow of the Institute of Electrical and Electronics Engineers (IEEE), The Computer Society of India (CSI) and the Indian National Academy of Engineering. Subramaniam holds a Bachelors degree in Physics from Delhi University, India, a Bachelor of Engineering degree in Electronics and Telecommunications from the Indian Institute of Science, Bangalore, India, and a Masters degree in Computer Science from the University of California - UCLA, USA.

count Of Investments

4

count Of Exists

1
Hiro Mashita

Hiro Mashita

current job

M&S Partners
M&S Partners

count Of Investments

12

count Of Exists

3
Co-Investors
Investors
10
3

Number of lead investors

10

Number of investors

Hiro Mashita

Hiro Mashita

current job

M&S Partners
M&S Partners

count Of Investments

12

count Of Exists

3
Subramaniam Ramadorai

Subramaniam Ramadorai

Subramaniam Ramadorai is the Chairman of National Skill Development Agency & the National Skill Development Corporation, a Public Private partnership arm of the Government. Ramadorai has been in public service since February 2011. The NSDA is an autonomous body which coordinates and harmonizes the skill development efforts of the Government and the private sector to achieve the skilling targets of the nation. He is also Chairman of the National Skill Development Corporation (NSDC), a Public Private Partnership arm of the Government of India for creating large, for-profit vocational institutions. In February 2011, the Government had appointed him as the Adviser to the Prime Minister in the National Council on Skill Development, in the rank of a Cabinet Minister. This Council was subsumed into the NSDA in June 2013. Recently, Subramaniam retired as Vice-Chairman of the Board of Directors at Tata Consultancy Services. Subramaniam has been associated with TCS for the past 36 years. Subramaniam took over as Chief Executive Officer of TCS in 1996 and has been instrumental in building TCS to a $5.7 Billion global IT services, business solutions and outsourcing company, with a talent base of over 1,16,000 people, geographical reach of 42 countries and an enviable client list which includes six of the top ten Fortune companies. Subramaniam set his sights on ensuring that TCS is among the Global Top Ten Software companies. In October 2006, TCS was recognized by the Economic Times as the company of the Year, a fitting tribute to its increasing global presence. Subramaniam's contributions to the industry have been well recognized through the numerous awards he has received. In 2002, Subramaniam was awarded with CNBC Asia Pacific's prestigious 'Asia Business Leader of the Year' Award. Subramaniam has been honoured with the position of "IT Advisor to Qingdao City', People's Republic of China. In November 2006, Ernst & Young awarded him with the prestigious 'Entrepreneur Manager of the Year' award. In the same year he was recognized by Computer Business Review in July 2006 as the sixth most influential IT leader in the world. In appreciation of his commitment and dedication to the IT industry, Subramaniam was also awarded the "Padma Bhushan" by the Government of India in January 2006. Subramaniam holds chairmanships and directorships of several Tata Group companies and is a Member of the Board of Directors at Hindustan Unilever Limited and Nicholas Piramal India Limited. Subramaniam is a Member of the Corporate Advisory Board, Marshall School of Business (USC) as well as the Said Business School at Oxford. Among his other distinctions, Subramaniam is a Fellow of the Institute of Electrical and Electronics Engineers (IEEE), The Computer Society of India (CSI) and the Indian National Academy of Engineering. Subramaniam holds a Bachelors degree in Physics from Delhi University, India, a Bachelor of Engineering degree in Electronics and Telecommunications from the Indian Institute of Science, Bangalore, India, and a Masters degree in Computer Science from the University of California - UCLA, USA.

count Of Investments

4

count Of Exists

1
Kiran Deshpande

Kiran Deshpande

Kiran currently works as President at TiE Pune.

count Of Investments

2

count Of Exists

1

Ravi Nigam

count Of Investments

4

count Of Exists

1
Shashank Deshpande

Shashank Deshpande

Shashank has a unique combination of business understanding, technical acumen and creative talent and has crafted customer experience of interactive systems for more than 15 years. Prior to co-founding Clarice, Shashank managed a multi-location team of 140 usability consultants at Human Factors International (HFI), the world's largest usability consulting company. He directed projects across Product Design, User-Interface Design & Usability evaluation. Before HFI, Shashank institutionalized usability as a function in Symantec (then VERITAS) with a high performing User-Centered Design (UCD) team of over 25 usability and design professionals. The team catalyzed usability evolution of over 15 major products; a large chunk of Symantec's product portfolio. In his career, Shashank has sensitized more than 500 professionals to UCD, in organizations like Symantec, Yahoo, CMC (now TCS), L&T, NASSCOM. He is a regular speaker at usability conferences across the country and is invited to teach at leading institutes including NID, Ahmedabad and IIT IDC, Mumbai. Shashank holds a degree in Mechanical Engineering and a Masters in Industrial Design from the National Institute of Design (NID), Ahmedabad.

current job

Pentathlon Ventures
Pentathlon Ventures

organization founded

1
Kiran Deshpande

Kiran Deshpande

Kiran currently works as President at TiE Pune.

count Of Investments

2

count Of Exists

1

People

Founders
2
Sahil Sharma
Sahil Sharma

Sahil Sharma

Building the Future of Work @gigindia

current job

GigIndia
GigIndia

organization founded

1

Sahil Sharma

Aditya Shirole
Aditya Shirole

Aditya Shirole

Building the Future of Work @gigindia

current job

GigIndia
GigIndia

organization founded

1

Aditya Shirole

Employee Profiles
2
Aditya Shirole

Aditya Shirole

Co-Founder & CTO

Sahil Sharma

Sahil Sharma

Co-Founder & CEO

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