About Lets Freelance
Lets Freelance is a Business Services company based in Delhi (India) founded in 2010. It operates as an an online job board dedicated to freelance opportunities. It operates on a B2C model. Its Indian entity Yukti Solutions Private Limited reported revenue of ₹1.82 Cr. Its focus areas include Human Resources, Freelance Services, Job Boards and Freelance Platforms. Similar companies include Upwork, Fiverr, Iziwork, Freelancer and Malt and 3 more; 7 of its 8 listed similar companies have raised funding.
Company details
Lets Freelance an online job board dedicated to freelance opportunities through managing HR solutions, freelance services, job boards, and freelance platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Delhi, India
- SectorsBusiness Services
- Website letsfreelance.com
- Social X Facebook
- Legal Name Yukti Solutions Private Limited
- Date of Incorporation 15 May, 2009
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1.82 Cr
FY 2024 · +154% YoY
- Net Profit₹43.4 Lakh
FY 2024 · 24% margin
- EBITDA₹56.4 Lakh
FY 2024 · 31% margin
Associated legal entities of Lets Freelance
Lets Freelance operates through Yukti Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Yukti Solutions Private Limited CIN U72200DL2009PTC190355 | Active | 15 May 2009 | New Delhi, Delhi | ₹1.8 Cr | – | 2 | View details |
Board of directors of Yukti Solutions Private Limited (Lets Freelance)
Yukti Solutions Private Limited is the primary company behind Lets Freelance. The board of Yukti Solutions Private Limited currently have 2 directors; the longest-serving is Rakesh Verma, appointed in 2009.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rakesh Verma DIN 02635585 | Director | 15 May 2009 | 17 yrs 5 mo | Yukti Solutions Private Limited |
| Tarun Verma DIN 02635591 | Director | 15 May 2009 | 17 yrs 5 mo | Yukti Solutions Private Limited |
Financials of Lets Freelance
Figures of Yukti Solutions Private Limited, the primary company behind Lets Freelance, for FY 2024. Revenue was ₹1.82 Cr (+154% year on year). Net profit was ₹43.4 Lakh (24% margin). EBITDA was ₹56.4 Lakh (31% margin). Revenue has grown at a compounded annual rate of +10% over three years and +19% over five years.
- ₹1.82 CrRevenue · FY 2024 · +154% YoY
- ₹43.4 LakhNet profit · 24% margin
- ₹56.4 LakhEBITDA · 31% margin
- ₹1 LakhPaid-up capital
- +10%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Yukti Solutions Private Limited are on its company page.
Detailed financial statements for Lets Freelance
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Similar companies to Lets Freelance
Lets Freelance has 8 listed similar companies in our database, 7 of them funded. They include Upwork, Fiverr, Iziwork, Freelancer and Malt, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upwork.com | 1999 | San Francisco, United States | $140M | 2 | Businesses are connected with freelancers via an online marketplace. | |
| fiverr.com | 2010 | Tel Aviv, Israel | $111M | – | Freelance services are facilitated via an online multi-industry marketplace. | |
| iziwork.com | 2018 | Paris, France | $61.36M | – | Freelancers are matched with employers via an online job platform. | |
| freelancer.com | 2009 | Sydney, Australia | – | – | An online marketplace is operated for freelancers in various industries. | |
| malt.com | 2013 | Paris, France | $133.88M | – | Freelance marketplace operated to connect experts with company projects. | |
| zbj.com | 2006 | Chongqing, China | $429.65M | – | Freelancers are matched with clients via an online services platform. | |
| superside.com | 2014 | Wilmington, United States | $33.5M | – | Digital marketing and application development services are provided globally. | |
| lancers.co.jp | 2008 | Shibuya, Japan | $11.4M | – | Freelancers are matched with companies through an online multi-industry marketplace. |
Detailed similar companies of Lets Freelance
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Top companies in Freelance & Gig Platforms
10 companies that operate in the same segment as Lets Freelance (Freelance & Gig Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A diversified conglomerate is operated by Jigen across multiple industries. | 2006 | Minato, Tokyo, Japan | – | USD 183.2 M | 964 | |
Operates an online job search engine. | 2004 | Noida, Uttar Pradesh, India | – | – | – | |
Operates an online job board to connect job seekers with employment opportunities. | 2017 | Delhi, Delhi, India | – | USD 16.61 M | 3,994 | |
An online job marketplace serving multiple industries. | 2019 | Bengaluru, Karnataka, India | USD 25 M | USD 25.85 | 13 | |
Runs an online job board for graduates. | 2018 | Vadodara, Gujarat, India | – | USD 951.54 M | 244,893 | |
Platform for finding, hiring, and verifying local workers efficiently and affordably. | 2016 | Delhi, Delhi, India | – | USD 20.77 K | – | |
Operates an online job board for recent graduates seeking employment. | 2016 | Pune, Maharashtra, India | – | USD 102.15 M | 2,680 | |
Provides online job listings, direct HR calls, and searches in various sectors across India. | 2019 | Noida, Uttar Pradesh, India | – | USD 344.63 M | 5,922 | |
Connects job seekers with employers through an intuitive online platform. | 2019 | Mumbai, Maharashtra, India | – | USD 606.53 K | 1 | |
Online portal connecting blue, grey, and pink collar job seekers. | 2015 | Bengaluru, Karnataka, India | USD 100 K | – | – |
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Frequently Asked Questions about Lets Freelance
Lets Freelance was founded in 2010.
Lets Freelance is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Lets Freelance, Yukti Solutions Private Limited, reported revenue of ₹1.82 Cr for FY 2024, up 154% year on year.
Lets Freelance an online job board dedicated to freelance opportunities through managing HR solutions, freelance services, job boards, and freelance platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Lets Freelance's top competitors include Upwork, Fiverr and Freelancer.
Lets Freelance operates through Yukti Solutions Private Limited.
The legal entities of Lets Freelance currently have 2 directors, including Rakesh Verma, Tarun Verma.