Gigforce, a staffing platform, announced on Wednesday that it had raised $2 million from Meraki Labs, a venture capital firm.
The new funding will be used to expand the startup’s deep-tech and analytics capabilities for on-gig performance. Gigforce has now raised a total of $6 million with its latest investment.
“The fact that our crew has grown by more than 2.5 times demonstrates our upward trend.” We’ve added industry veterans to our leadership team in a variety of capacities. By the end of this year, we hope to have 50,000 active gig employees, with a medium-term objective of a million or more active gig workers by 2025, stated Chirag Mittal, cofounder and CEO of Gigforce.
The site claims that the logistics sector employs around 80% of its total active gig workers, with clients including Delhivery, Blinkit, Zepto, Gati, DTDC, Grab, Ecom Express, Park+, and Shadowfax, among others.
“We’re ecstatic to be a part of Gigforce’s aim to democratise access to decent jobs.” The gig economy would help India’s rising unemployment crisis by catering to gig workers’ aspirations and general well-being. Using technology to create a strong ecosystem will ensure that the benefits are dispersed evenly and at scale. ” Meraki Labs’ Mr. Jhangiani said so.
Chirag Mittal, cofounder and CEO of Gigforce, said the funding will enable the company to enhance its workforce and technology in order to swiftly scale across India in the next few quarters. Today’s market is underserved due to a lack of appropriate scale-management technology. The top five staffing firms in India collectively employ around one million people. This is set to change as a result of significant tailwinds such as the widespread availability of low-cost smartphones, ubiquitous Internet connectivity for blue and grey collar employees, mature technology platforms, labour code simplification, and India’s massive economic trajectory over the next ten years.
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