PickMyWork
PickMyWork operates as a dynamic gig platform specializing in connecting Fintech and Digital Companies with SMBs through a pay-per-task model. Central to PickMyWork’s approach is the employment of upskilled unemployed youth, who bring trained capabilities to the tasks they undertake, fostering both economic inclusion and skill development among young individuals.
PickMyWork employs a robust digital distribution network to connect businesses with SMBs through digital channels like social media and online platforms. This facilitates seamless transactions, expands market reach, and creates freelance opportunities for youth in the digital economy.
Founder
Vidyarthi Baddireddy
Co Founder & CEO
10+ years of experience
FMS-Delhi, VIT Vellore
Ex- Deloitte
Kajal Malik
Co Founder & CBO
10+ years of experience
FMS- Delhi, NIT Kurukshetra
Ex- Mahindra | Ex- Samsung
Key Highlights
ARR March'24
INR 7.5 Cr
Revenue Growth
3 X in 24 Months
Gig Agents
17 K+
Presence
2,000+ Pincodes
End Customers
700 K+
Clients
50+
Key Investors
Key Clientele
Deal Details
Current Deal Round
Pre Series A
Round Size
INR 2.5 Cr ( INR 2 Cr committed)
Instrument
CCPS
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
INR 53 Cr (Pre Money)
Minimum Ticket Size per Investor
INR 2,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
Deal Runner
Devanshi Pahuja
Harshita Kotia
Documents
Pitch Call Recording
Media
PickMyWork Raises Funds to Enhance Financial Services Penetration in Tier 2 and Tier 3 Cities Using Gig Worker Network
PickMyWork, a leading platform leveraging gig workers to improve the reach of financial services, has announced the successful completion of its latest funding round. The funding will be used to accelerate the company’s mission to enhance financial services penetration in India’s tier 2 and tier 3 cities.
The investment round saw participation from prominent investors, including Gray Matters Capital, GI Ventures, SAN Angels, and Chandigarh Angels. This influx of capital will enable PickMyWork to expand its gig worker network, push financial products tailored to underserved markets, and invest in technology to improve service delivery.
