Gigforce Raises $2 Million From Meraki Labs The funds will be used to build deep-tech and strong analytics for on-gig performances

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Gigforce, an on-demand staffing platform, raised $2 million from Meraki Labs. With the present investment from Meraki Labs, the tech platform has raised a total of $6 million till date.

The funds will be used to further build deep tech and strong analytics for on-gig performance. This will reduce the hiring process, drive giger delight and enhance productive engagement.

"As an organization, expansion of our team size by more than 2.5 times reflects our growth trajectory to grow bigger and better. We have stalwarts from industry continuously joining our leadership team across various functions. The aim is to have 50,000 active gigers by the end of this year. We feel encouraged with the trust and support of all our investors," said Chirag Mittal, co-founder and CEO of Gigforce.

"We're thrilled to join Gigforce in their mission to democratize access to good jobs. The gig economy will solve for India's burgeoning unemployment crisis in a way that caters to the aspiration and overall well being of gigers. Leveraging technology to build a strong ecosystem will ensure the benefits are equitably distributed and at scale," said Mridu Jhangiani from Meraki Labs.

Gigforce app is an interface for Gigers' for their documentation, choosing gigs and getting paid. Gigforce is also piloting to bring benefits on its app like insurance, quick training, doctors-on-call, and micro credit along with various industry leading partners, said a statement.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

The Fed's Decision to Keep Rates Steady Is 'Unsurprising,' According to a JPMorgan Expert. Here's Why.

Federal Reserve Chair Jerome Powell said that the Fed wasn't in any rush to make rate adjustments.

Business News

'Strapping a Rocket to Our Backs': What Is Wiz? Here's What to Know About Google's Largest Acquisition Ever.

Wiz will be folded into Google Cloud. It's the biggest deal of 2025 so far.

Growing a Business

Too Many Founders Are Making This Critical Mistake — And It's Costing Them

Are you making the mistake of waiting to monetize your digital product? Uncover four compelling reasons why starting early can change its future.

Marketing

6 Ways to Turn Your Audience into Loyal Buyers with Community Commerce

Embracing community-driven strategies can create lasting relationships that help your brand grow.