GigIndia raises Rs 7.3 Cr in pre-Series A round led by Incubate Fund

The startup, which had earlier raised two seed rounds of funding, also saw the participation of existing angel investors – former TCS CEO, S Ramadorai; Kiran Deshpande – former CEO of Tech Mahindra; Ravi Nigam, former MD & Co-founder of Tasty Bite Eatables; and Shashank Deshpande, Co-founder of Clarice Technologies. Besides, other angel investors like Sakshi Gudwani, Senior Program Officer, Gates Foundation and Dr Pratap and Shantanu Deshpande, CEO of Bombay Shaving Company, also participated in the round.

Lead Advisory acted as the sole financial advisor to GigIndia for its latest round of fundraising.

GigIndia was part of Yourstory’s Tech 30 startup list for 2019. The startup plans to use this funding in the areas of technology, team, and brand building.

Founded in 2017 by Sahil Sharma and Aditya Shirole, GigIndia is a marketplace that provides on-demand work completion for companies through a gig workforce of jobseekers. The startup leverages technologies like machine learning and artificial intelligence for faster turnaround and quality check.

GigIndia is a platform for both freelancing as well as long term jobs.

GigIndia’s platform allows for companies to drive results faster without being burdened by issues like recruiting, training and managing the workforce.