GigIndia raises 7.6 crore pre-Series A funding

Pune: Explorium Innovative Technologies Pvt Ltd, which operates business-to-business jobs marketplace GigIndia, has raised Rs 7.6 crore (a little over $1 million) in pre-Series A funding, the Pune-based firm said in a statement.

The round was led by Incubate Fund India with participation from Beyond Next Ventures, Avaana Capital’s Anjali Bansal, and Vineet Patni.

GigIndia was set up in 2017 by Sahil Sharma, who is its CEO, and Aditya Shirole, who is the chief operating officer.

The company says its platform helps businesses scale up quickly by providing on-demand work completion through a gig workforce for business lines such as sales, marketing, and operations.

It claims to eliminate overheads involved with recruiting, training, and managing a workforce.

The firm will use the capital raised for enhancing its technological infrastructure.