Pune based Gigindia, a marketplace that provides on-demand work completion for companies through a gig workforce of jobseekers has completed pre- series A funding round. The startup raised 7.6 crore from a clutch of angel investors led by Incubate Fund India with participation from Beyond Next Ventures, Avaana Capital's Anjali Bansal and Vineet Patni.

The round also saw participation from S Ramadorai, former CEO, TCS; Kiran Deshpande, former CEO, Tech Mahindra; Ravi Nigam, Tasty Bite Eatables co-founder & former MD; and Shashank Deshpande, Co-Founder, Clarice Technologies.

Founded by Sahil Sharma, CEO and ditya Shirole, COO, Gigindia provides clients with on-demand work completion at scale. Having developed a proprietary AI led technology, the firm lets clients scale fast and optimize cost by leveraging its on-demand gig workforce.

Founded in 2017 Gigindia has launched its services across more than 200 cities and has completed over 3.5 million gigs so far. The Gigindia team has also doubled over the last eight months. The startup has witnessed growth in gig workers from Tier-II, -III and Tier-IV cities from 5.22 percent in March to 58.11 percent in September.

“GigIndia has been successful in empowering enterprises to scale effectively during the pandemic thereby providing meaningful employment avenues to job seekers. The company has seen consistent business growth, even through the pandemic, and we are sure this trend will improve with time,” said, Nao Murakami, Founder & general partner, Incubate Fund India.

According to company statement, GigIndia intends to use the fresh infusion of capital to enhance its technology platform for building a larger community of such workers to serve contracts signed with the largest enterprises from next year.