GigIndia Will Use The Funding For Its Expansion, Hiring Of Staff
Pune-headquartered GigIndia, which provides micro-jobs to students has raised an undisclosed amount of Seed funding from a consortium of angel investors. The list includes Jessica Wong, Founding Managing Partner of Ganesh Ventures; Hiro Mashita, Director at M&S Partners; Xue Manzi, Director-Manzi Fund and Yiyun Zhang, CEO at Pocket Part Time.
The startup plans to use the newly raised funding for its expansion, hiring of staff and shaping the product with automation techniques to enhance the user experience.
Commenting on the funding, Sahil Sharma, Co-founder and CEO of GigIndia said, “Till now our focus was on enhancing the user experience by constantly improving GigIndia as a platform, but with the infusion of funds, we will be focused on scaling our business to multiple cities and campuses in 2018.”
Founded in 2015 by Sahil Sharma and Aditya Shirole, GigIndia offers part-time work opportunities for students to help them earn as well as build their CV for their future jobs. The company promises micro-jobs with biggies like Alibaba, Xiaomi, SHAREit, Uber, and Paytm amongst others.
GigIndia also promises paid internships for the students. It offers opportunities for students in Tier I cities as well as in Tier II and Tier III cities by offering them to work remotely.
In the sector for student internships and part-time work, the company competes with players like Awign, LetsIntern, etc.
In January 2018, Bengaluru-based outsourcing by crowdsourcing platform Awign raised $783K (INR 5 Cr) from Unitus Seed Fund and a couple of undisclosed angel investors. With this funding, the startup aims to expand its presence in 12,000 pin codes across India, partner with 100 corporates and startups by June 2019.
Delhi-based online and mobile internship platform, Letsintern was acquired by Gurugram-based job credentialing platform, Aspiring Minds in December 2015. However, the LetsIntern team continued to scale up the platform.
With the huge number of students in various universities across the country, the idea of part-time jobs has been in its nascent stages. With the growing influence of freelance work and internships, the idea of GigIndia to help a student earn and build a CV simultaneously has been appealing for many. The expansion and growth of GigIndia with the latest funding will be something to look forward to.