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.
- Website
- gigindia.netlify.app
- 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
Investors
Ranked
1st among 35 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
239 as on May 31, 2026
Exit Details
Acquired by PhonePe (Mar 21, 2022)
Legal entities associated with GigIndia
GigIndia is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PHONEPE LENDING SERVICES PRIVATE LIMITED CIN: U63119KA2016PTC174869 , India, Active | Oct 20, 2016 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 435 (As on Aug 01, 2025) |
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:
Filter 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 |
View details of GigIndia's funding rounds and investors
GigIndia's founders and board of directors
Founder? Claim ProfileThe founders of GigIndia is Aditya Shirole. Dirk Jonker is the CEO of GigIndia.
Here are the details of GigIndia's key team members:
- Aditya Shirole: Former Co-Founder of GigIndia and founder of 1 other company. Contact Info: 1 phone number
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 |
View details of GigIndia's Founder profiles and Board Members
GigIndia's employee count trend
GigIndia has 239 employees as of May 26. Here is GigIndia's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of on-demand curated part-time workforce | $2.25M | 52/100 | ||
2nd | GoTu 2017, Miami (United States), Funding Raised | Online freelancer marketplace for on demand services in dental industry | - | 39/100 | |
3rd | Dweet 2020, London (United Kingdom), Seed | Pre-vetted talent marketplace connecting professionals in the fashion and luxury industry | $3.48M | 38/100 | |
4th | Laborocity 2017, Radnor (United States), Deadpooled | Online platform for on-demand jobs seekers | - | - | 31/100 |
5th | Online marketplace for hiring drivers on-demand | - | 30/100 | ||
6th | MakeTimePay 2021, Kuala Lumpur (Malaysia), Seed | Online freelancer marketplace for on-demand services | - | 29/100 | |
7th | Online freelancer marketplace for on demand services | $435K | - | 28/100 | |
8th | Esnad Business 2018, Dubai (United Arab Emirates), Unfunded | Online portal for on-demand freelancer services | - | - | 28/100 |
9th | FieldSolutions 2007, Minnetonka (United States), Acqui-Hired | Online freelance marketplace for on-demand services | $7.63M | 28/100 | |
10th | Fieldscope 2017, Bengaluru (India), Unfunded | Provider of on-demand translation, transcription, and writing services | - | - | 26/100 |
Looking for more details on GigIndia's competitors? Click here to see the top ones
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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LegaLogic Consulting advised GigIndia in its acquisition by PhonePeLegaLogic•May 12, 2022•GigIndia, PhonePe, Legalogic
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Gigindia Closes Pre-series A Funding At Rs 7.6 Crore With An Additional Influx From Marquee InvestorsCyberMedia India Online•Dec 30, 2020•GigIndia, Influx
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Freelance marketplace GigIndia raises funds from tech industry veteransPeople Matters•Sep 19, 2019•GigIndia
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Former TCS, Tech Mahindra CEOs log into jobs marketplace GigIndiaVCCircle•Sep 18, 2019•GigIndia, LegaLogic
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