About OnContract
OnContract was a Business Services company based in Mumbai (India) founded in 2011 by Chetan Indap. It operates a digital marketplace for on-contract staffing solutions. It operates on a B2B model. OnContract has raised $82.27 thousand across 2 funding rounds from investors including Unilazer Ventures. The company has 7 employees. Its Indian entity Joule Consulting Private Limited reported revenue of ₹7.17 Cr. The company is recorded as dissolved. Its focus areas include Technology, Marketplaces, Staffing and On-Contract Services. Its competitors include Awign and smartstaff; 2 of its 2 listed competitors have raised funding.
Company details
OnContract operates a digital marketplace for on-contract staffing solutions through leveraging cutting-edge technology, marketplaces, staffing, and on-contract services. 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 Mumbai, India
- Employees 7
- Founders Chetan Indap
- SectorsBusiness Services
- Website oncontract.com
- Social X Facebook
- Legal Name Joule Consulting Private Limited
- Date of Incorporation 10 Jan, 2011
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7.17 Cr
FY 2025 · +131% YoY
- Net Profit₹68.9 Lakh
FY 2025 · 10% margin
- EBITDA₹1.07 Cr
FY 2025 · 15% margin
- Total Equity Funding$82.27K (USD)
in 2 rounds
- Investors
- Employee Count7
Associated legal entities of OnContract
OnContract operates through Joule Consulting Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Joule Consulting Private Limited CIN U74120MH2011PTC212101 | Active | 10 Jan 2011 | Mumbai, Maharashtra | ₹7.2 Cr | 7 | 2 | View details |
Funding Insights of OnContract
OnContract has successfully raised a total of $82.27K across 2 strategic funding rounds. 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 $82,270
- Total Rounds 2
- First Round $82,270
(Mar 2012)
- Investors Count 1
All 2 funding rounds of OnContract with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2012 | Seed | – | – | ||
| Mar 2012 | $82,270 | Angel Round | – | – | – |
1 investors in total: 1 institutional.
Investors in OnContract
OnContract has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Unilazer Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| unilazer.com |
Investor details for OnContract
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Joule Consulting Private Limited (OnContract)
Joule Consulting Private Limited is the primary company behind OnContract. The board of Joule Consulting Private Limited currently have 2 directors; the longest-serving is Shainaz Jussa, appointed in 2011. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shainaz Jussa DIN 03351994 | Director | 10 Jan 2011 | 15 yrs 9 mo | Joule Consulting Private Limited |
| Chetan Vishwanath Indap DIN 03329805 | Director | 10 Jan 2011 | 15 yrs 9 mo | Joule Consulting Private Limited |
People of OnContract
1 people are tracked at OnContract (1 in leadership); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for OnContract
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of OnContract
Figures of Joule Consulting Private Limited, the primary company behind OnContract, for FY 2025. Revenue was ₹7.17 Cr (+131% year on year). Net profit was ₹68.9 Lakh (10% margin). EBITDA was ₹1.07 Cr (15% margin). Revenue has grown at a compounded annual rate of +36% over three years and +50% over five years.
- ₹7.17 CrRevenue · FY 2025 · +131% YoY
- ₹68.9 LakhNet profit · 10% margin
- ₹1.07 CrEBITDA · 15% margin
- ₹6.6 LakhPaid-up capital
- 7Employees (provident fund records)
- +36%Revenue CAGR, 3 years
- +50%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Joule Consulting Private Limited are on its company page.
Detailed financial statements for OnContract
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of OnContract
3 dated milestones of OnContract across 1 years, from founding to its latest funding, stage changes and deals.
- Founded OnContract is founded.
- Funding First funding round of $82K.
- Funding Latest funding round, Seed,.
Competitors of OnContract
OnContract has 2 listed competitors in our database, 2 of them funded. They include Awign and smartstaff.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| awign.com | 2016 | Bengaluru, India | $28.85M | 227 | On-demand internships are offered via a cloud-based platform across industries. | |
| smartstaff.co.in | 2020 | Bengaluru, India | $12.59M | 438 | Provider of workforce management platform for blue collar employee lifecycle management |
Detailed competitors of OnContract
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Freelance & Gig Platforms
3 companies that operate in the same segment as OnContract (Freelance & Gig Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 |
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Frequently Asked Questions about OnContract
OnContract was founded in 2011 and raised its 1st funding round 1 year after it was founded.
OnContract is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
OnContract is a funded company, having raised a total of $82.27K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $82.27K, raised on Mar 2012.
OnContract has 7 employees.
The primary company behind OnContract, Joule Consulting Private Limited, reported revenue of ₹7.17 Cr for FY 2025, up 131% year on year.
OnContract operates a digital marketplace for on-contract staffing solutions through leveraging cutting-edge technology, marketplaces, staffing, and on-contract services. 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.
OnContract's top competitors include Awign and smartstaff.
OnContract has 1 investor. Key investors include Unilazer Ventures.
OnContract operates through Joule Consulting Private Limited.
The legal entities of OnContract currently have 2 directors, including Shainaz Jussa, Chetan Vishwanath Indap.