Staffing platform Gigforce raised $2 million from venture fund Meraki Labs on Wednesday. Gigforce raised a total of $6 million with this latest investment.
The Gigforce App is a comprehensive set of features that allows you to easily track workforce attendance, payouts, integrate staffing verticals, and manage peaks and lows. The new funding will be used to expand the startup's deep-tech and strong analytics for on-gig performance. According to the platform, approximately 80% of its total active gig workers are deployed in the logistics sector, serving clients such as Delhivery, Blinkit, Zepto, Gati, DTDC, Grab, Ecom Express, Park+, and Shadowfax, among others. The goal is to have 50,000 active gig workers by the end of this year, with a long-term goal of having a million or more active gig workers by 2025.
“Expansion of our team size by more than 2.5x reflects our growth trajectory. We have stalwarts from the industry joining our leadership team across various functions. The aim is to have 50,000 active gig workers by the end of this year, pacing towards the medium-term goal of having a million-plus active gig workers by 2025,” said Chirag Mittal, cofounder and CEO Gigforce.
“We’re thrilled to join Gigforce in their mission to democratise access to good jobs. The gig economy will solve for India’s burgeoning unemployment crisis in a way that caters to the aspirations and overall wellbeing of gigers. Leveraging technology to build a strong ecosystem will ensure the benefits are equitably distributed and at scale.” said Mridu Jhangiani from Meraki Labs.