Ending Soon! Save 33% on All Access

Gigforce Raises $2 Million From Meraki Labs The funds will be used to build deep-tech and strong analytics for on-gig performances

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Gigforce, an on-demand staffing platform, raised $2 million from Meraki Labs. With the present investment from Meraki Labs, the tech platform has raised a total of $6 million till date.

The funds will be used to further build deep tech and strong analytics for on-gig performance. This will reduce the hiring process, drive giger delight and enhance productive engagement.

"As an organization, expansion of our team size by more than 2.5 times reflects our growth trajectory to grow bigger and better. We have stalwarts from industry continuously joining our leadership team across various functions. The aim is to have 50,000 active gigers by the end of this year. We feel encouraged with the trust and support of all our investors," said Chirag Mittal, co-founder and CEO of Gigforce.

"We're thrilled to join Gigforce in their mission to democratize access to good jobs. The gig economy will solve for India's burgeoning unemployment crisis in a way that caters to the aspiration and overall well being 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.

Gigforce app is an interface for Gigers' for their documentation, choosing gigs and getting paid. Gigforce is also piloting to bring benefits on its app like insurance, quick training, doctors-on-call, and micro credit along with various industry leading partners, said a statement.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

News and Trends

GenAI Could Help Indians Save 51 million Hours a Week On Routine Tasks: Report

By 2026, GenAI will be saving a big number of 4,387,000 hours per week on the time spent on promoting products, services, or programs

Business News

Here Are the Books on Bill Gates' Summer Reading List

The four books recommended by the Microsoft founder all "touch on the idea of service."

News and Trends

Soleos Solar Energy Secures INR 48.5 Cr Funding

This funding infusion will help the company in generating its working capital, global renewable energy portfolio development and establishing manufacturing facilities across the globe.

News and Trends

Miss World Manushi Chhillar Turns Entrepreneur With Swimwear Line 'Dweep'

'Dweep' aims to redefine the swimwear industry by catering to a diverse range of body types, skin tones, and personal styles