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Gigforce To Cross Rs 100 Cr. Annual Recurring Revenue In 2022

According to the official statement, Gigforce has already grown its topline by 10X+ within 2021. The company is backed by Unitus Ventures and Endiya Partners and has raised seed and pre-Series A rounds of funding.

Photo Credit : PTI

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Gigforce, an Indian on-demand staffing platform, on Tuesday, said that it is on course to clock Rs 100 crore annual recurring revenue (ARR) by 2022. 

The company that provides pre-qualified and pre-trained gig workers have been strategically focusing on the logistics sector- one of the highest demand generating industries for gig talent. 

According to the official statement, Gigforce has already grown its topline by 10X+ within 2021. The company is backed by Unitus Ventures and Endiya Partners and has raised seed and pre-Series A rounds of funding.

"There has been a gap in accessing the right talent at the right time for the gig jobs since long. We realised the opportunity for an on-demand, B2B driven staffing platform and opted for a category focused approach to provide the skilled and flexible talent. Our brand partnerships and increasing gig registrations are a testament to our progress. We have already crossed INR 50 Cr in ARR and expect to cross Rs 100 crore very soon,” said  Co-founder and CEO, Gigforce, Chirag Mittal.

We have grown 10X y-o-y in terms of revenue and our target is to grow to 50K daily active users in the coming year, which will swell to 5 lakh workforce within the next 2 years. This will help us in emerging as a category leader in tech-driven staffing for gig workers and be the largest Staffing Company in India within the next 2 years," said Mittal.


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