About GigIndia
GigIndia is a company based in Pune (India) founded in 2017 was acquired by PhonePe in March 2022. GigIndia has raised $2.25 million across 4 funding rounds from investors including PhonePe, Beyond Next Ventures and Incubate Fund India. The company has 229 employees as of May 31, 2025.
- Headquarter Pune, India
- Employees 229 as on 31 May, 2025
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Explorium Innovative Technologies Private Limited
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Annual Revenue
$8.24 M (USD)533as on Mar 31, 2024
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Net Profit
-$15.49 M (USD)-465as on Mar 31, 2024
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EBITDA
-$10.32 M (USD)-277as on Mar 31, 2024
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Total Equity Funding
$2.25 M (USD)
in 4 rounds
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Latest Funding Round
$1.03 M (USD), Seed
Dec 30, 2020
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Investors
PhonePe
& 15 more
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Employee Count
229
as on May 31, 2025
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Acquired by
PhonePe
(Mar 21, 2022)
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Funding Insights of GigIndia
GigIndia has successfully raised a total of $2.25M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.03 million completed in December 2020. 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.
Investors in GigIndia
GigIndia has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include PhonePe, Beyond Next Ventures and Incubate Fund India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity fund, investment holding & business conglomerate company
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Locked | Locked | Locked | |
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Deep-tech investments and incubation services are provided for researchers and entrepreneurs addressing global challenges.
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Locked | Locked | Locked | |
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Venture capital fund investing in early-stage tech startups
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Locked | Locked | Locked |
Investor details for GigIndia
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Investments & Acquisitions by GigIndia
Investment portfolio details for GigIndia
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Financial Statements - GigIndia
Detailed financials for GigIndia
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- Profit trends
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Gigindia Comparisons
Peer comparison for GigIndia
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of GigIndia
Detailed competitors of GigIndia
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Latest news on Gigindia
Complete news archive for GigIndia
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Frequently Asked Questions about GigIndia
GigIndia was founded in 2017 and raised its 1st funding round 1 year after it was founded.
GigIndia is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
GigIndia is a funded company, having raised a total of $2.25M across 4 funding rounds to date.
As of May 31, 2025, the latest employee count at GigIndia is 229.
Annual revenue of GigIndia is $8.24M as on Mar 31, 2024.
GigIndia was founded in 2017 in Pune, India, as a provider of on-demand part-time workforce solutions within the gig economy sector. A tech platform is utilized to connect businesses with a pre-screened network of freelancers for short-term engagements. Operations focus on sourcing, managing, and delivering talent to support project efficiency. Services are extended to businesses of various sizes across India, facilitating access to available skilled workers.
GigIndia has 16 investors. Key investors include PhonePe, Beyond Next Ventures, Incubate Fund India, SAB Holding, and Ravi Nigam.