About Gigforce
Gigforce is a company based in Gurugram (India) founded in 2020 by Randhir Tomar and Chirag Mittal.. Gigforce has raised $7.23 million across 4 funding rounds from investors including Venture Catalysts, Z Nation Lab and 100Unicorns. The company has 487 employees as of April 06, 2024. Gigforce offers products and services including Gig Workforce Platform and Task Management Tools.
- Headquarter Gurugram, India
- Employees 487 as on 06 Apr, 2024
- Founders Randhir Tomar, Chirag Mittal
- Stage Minicorn
-
Sectors
Business Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Gigforce Private Limited
- Date of Incorporation 27 Aug, 2019
- Jurisdiction Gurgaon, Haryana, India
-
Annual Revenue
$7.8 M (USD)55.08as on Mar 31, 2023
-
Net Profit
$-2.33 M (USD)-115.25as on Mar 31, 2023
-
EBITDA
$-2.62 M (USD)-67.74as on Mar 31, 2023
-
Total Equity Funding
$7.23 M (USD)
in 4 rounds
-
Latest Funding Round
$1.02 M (USD), Series A
Jul 02, 2022
-
Investors
Venture Catalysts
& 15 more
-
Employee Count
487
as on Apr 06, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Gigforce
Gigforce offers a comprehensive portfolio of products and services, including Gig Workforce Platform and Task Management Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Connections between employers and gig workers are facilitated for project-based work
Tools for managing on-demand tasks are provided to users
Funding Insights of Gigforce
Gigforce has successfully raised a total of $7.23M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.02 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $1.0M
-
First Round
First Round
(11 Mar 2020)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - Gigforce | Valuation | 100Unicorns | |
| Feb, 2022 | Amount | Angel Round - Gigforce | Valuation | Mukesh Bansal , Mukesh Bansal | |
| Jun, 2021 | Amount | Seed - Gigforce | Valuation | Capria , Endiya Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gigforce
Gigforce has secured backing from 16 investors, including venture fund and angel investors. Prominent investors backing the company include Venture Catalysts, Z Nation Lab and 100Unicorns. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage startup ecosystem is supported by Venture Catalysts in India.
|
Founded Year | Domain | Location | |
|
Startup accelerator
|
Founded Year | Domain | Location | |
|
Private debt and equity funds are managed for technology sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Gigforce
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Gigforce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gigforce Comparisons
Competitors of Gigforce
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Gigforce
When was Gigforce founded?
Gigforce was founded in 2020.
Where is Gigforce located?
Gigforce is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Gigforce?
Randhir Tomar is the current CEO of Gigforce. They have also founded this company.
Is Gigforce a funded company?
Gigforce is a funded company, having raised a total of $7.23M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.4M, raised on Mar 11, 2020.
How many employees does Gigforce have?
As of Apr 06, 2024, the latest employee count at Gigforce is 487.
What is the annual revenue of Gigforce?
Annual revenue of Gigforce is $7.8M as on Mar 31, 2023.
What does Gigforce do?
Gigforce was founded in 2020 in Gurugram, India, within the business consulting sector. End-to-end after-sales services are offered, supported by technology-driven processes. A customer-centric approach is applied to deliver comprehensive solutions across operations. The company focuses on consulting activities tailored to client needs in the Indian market.
What products or services does Gigforce offer?
Gigforce offers Gig Workforce Platform and Task Management Tools.
Who are Gigforce's investors?
Gigforce has 16 investors. Key investors include Venture Catalysts, Z Nation Lab, 100Unicorns, Endiya Partners, and Trifecta Capital.
What is Gigforce's valuation?
The valuation of Gigforce is $48.55M as of Jul 2022.