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GigIndia - About the company

GigIndia is an acquired company based in Bengaluru (India), founded in 2017 by Aditya Shirole. It operates as a Provider of on-demand curated part-time workforce. GigIndia has raised $2.25M in funding from Incubate Fund India and Jerry Chase Resources, with last known valuation of $*****. The company has 35 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like GoTu, Dweet and Laborocity.

Company Details

Provider of on-demand curated part-time workforce. It connects businesses with a pre-screened network of freelancers for short term projects. It offers a tech driven solution for sourcing and managing the workforce, ensuring speed and quality of work delivered. The platform aims to help businesses scale faster by providing access to a large pool of readily available talent. The service is designed to streamline project outsourcing and enhance performance for businesses.
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Registered Address
Office-2, Floor 4,5,6,7, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103
Key Metrics
Founded Year
2017
Location
Bengaluru, India
Stage
Acquired
Total Funding
$2.25M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 29, 2020
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
239 as on May 31, 2026
Similar Companies
Exit Details
Acquired by PhonePe (Mar 21, 2022)

GigIndia's acquisition details

GigIndia got acquired by PhonePe on Mar 21, 2022.
Click here to take a look at GigIndia's acquisition in detail
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GigIndia's funding and investors

GigIndia has raised a total funding of $2.25M over 4 rounds. Its first funding round was on Feb 12, 2018. Its latest funding round was a Seed round on Dec 30, 2020 for $*****. 7 investors participated in its latest round. GigIndia has 6 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of GigIndia:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 30, 2020
7108483
Seed
9190746
2944220
4668682
7495592
Jul 23, 2020
2609401
Seed
9209686
1063944
2727681
Aug 20, 2019
7327868
Angel
2954174
1194487
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GigIndia's founders and board of directors

Founder? Claim Profile
The founders of GigIndia is Aditya Shirole. Dirk Jonker is the CEO of GigIndia.
Here are the details of GigIndia's key team members:

GigIndia's Board of Directors

GigIndia's board has 4 active members. Hemant Manilal Gala, Kaushal Kumar Nahata, Meenakshi Sharma and Harshitkumar are independent board members.
Here is the list of GigIndia's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
2y 9m
vzhmqgb
Independent board member
-
Current
6y 9m
vgngjdx
Independent board member
-
Current
8y 2m
febgfeu
Independent board member
-
Current
6y 8m

GigIndia's employee count trend

GigIndia has 239 employees as of May 26. Here is GigIndia's employee count trend over the years:
Employee count trend for GigIndia
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GigIndia's Competitors and alternates

Top competitors of GigIndia include GoTu, Dweet and Laborocity. Here is the list of Top 10 competitors of GigIndia, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GigIndia
GigIndia
2017, Bengaluru (India), Acquired
Provider of on-demand curated part-time workforce
$2.25M
52/100
2nd
Logo for GoTu
GoTu
2017, Miami (United States), Funding Raised
Online freelancer marketplace for on demand services in dental industry
-
39/100
3rd
Logo for Dweet
Dweet
2020, London (United Kingdom), Seed
Pre-vetted talent marketplace connecting professionals in the fashion and luxury industry
$3.48M
38/100
4th
Logo for Laborocity
Laborocity
2017, Radnor (United States), Deadpooled
Online platform for on-demand jobs seekers
-
-
31/100
5th
Logo for DriversNG
DriversNG
2015, Lagos (Nigeria), Seed
Online marketplace for hiring drivers on-demand
-
30/100
6th
Logo for MakeTimePay
MakeTimePay
2021, Kuala Lumpur (Malaysia), Seed
Online freelancer marketplace for on-demand services
-
29/100
7th
Logo for Swaggie
Swaggie
2020, Brisbane (Australia), Seed
Online freelancer marketplace for on demand services
$435K
-
28/100
8th
Logo for Esnad Business
Esnad Business
2018, Dubai (United Arab Emirates), Unfunded
Online portal for on-demand freelancer services
-
-
28/100
9th
Logo for FieldSolutions
FieldSolutions
2007, Minnetonka (United States), Acqui-Hired
Online freelance marketplace for on-demand services
$7.63M
28/100
10th
Logo for Fieldscope
Fieldscope
2017, Bengaluru (India), Unfunded
Provider of on-demand translation, transcription, and writing services
-
-
26/100
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Looking for more details on GigIndia's competitors? Click here to see the top ones

GigIndia's Latest cap tables and shareholding

Founders (largest shareholder) own 61.02%, Funds own 14.21%, Enterprises own 10.45% and Angels own 7.53%. The net worth of GigIndia's founders is INR 38.9Cr as of Jul 23, 2020.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
61.02%
38.9Cr
2833651
2127071
2714237
2648257
8094771
3386000
3751965
3922052
9932660
3359136
Fund
14.21%
9.07Cr
2902440
4935618
4180499
4822104
4196676
8278076
4532527
5839118
6523954
1687561
768
529
229
192
826
696
33
33
72
19
22
48
0
0
0
0
0
0
Enterprise
10.45%
6.67Cr
3291622
8629226
1654601
5818788
Angel
7.53%
4.81Cr
8209012
4683551
3846678
2777799
43
23
20
66
37
35
ESOP Pool
6.78%
4.32Cr
673102
429995
207560
576300
Total
99.99%
63.8Cr
9399470
1241079
5798540
5890450
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of GigIndia's Shareholding

GigIndia's Investments and acquisitions

GigIndia has made no investments or acquisitions yet.

Reports related to GigIndia

Here is the latest report on GigIndia's sector:

News related to GigIndia

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