UniGigs expands its business in the US

Reader's Pick

UniGigs, a SaaS-based zero commission marketplace has recently announced its international expansion in the US.

The expansion is undertaken to scale the platform’s services by connecting US-based businesses and freelancers for on-demand digital services.

“The need and demand for freelancers have grown during the pandemic, causing a paradigm shift in employability, outsourcing, and work culture. As per the stats – around 9 million Americans performed freelance work in the past 12 months, representing 36% or more than one-third—of the entire U.S. workforce.,” the statement said.

- Advertisement -

“This has led to an upsurge in freelance activities across business sectors. UniGigs’ zero commission model simplifies the long painstaking process of finding on-demand freelancers and reliable clients at the right price point,” it added.

Speaking on the market expansion, Devaansh Bahl, Co-founder & CEO of UniGigs said, “There is a burst in demand for people to support customer services as well as e-commerce development, and web and mobile design. Companies are increasingly relying on freelancers as essential contributors to their operations. Our expansion in the US is aligned with the urgency to tap into the market. We believe with our unique insight coupled with the demand at an all-time high, we estimate our total addressable market to be $10Bn.”

With the strategic expansion, UniGigs also announces to generate employability in India as well as the US through its business. Considering the cost affordability, the platform plans to build the technology in-house in India while tapping into the market by setting up a marketing team in the US.

“As part of the expansion, UniGigs also targets to close more than 50,000 signups by September 2022 with 20,000 service listings by December 2022,” the statement further added.

- Advertisement -

Recently, UniGigs has also launched its new social networking feature ‘Knot’ that creates community engagement among skilled talent and employers. Along with the ability to post jobs, the platform is also in the process of setting up internal payouts to make the payout management process easier for freelancers.

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

NASA astronauts to carry first ever all-female spacewalk on 29 March

Two NASA astronauts are scheduled to carry out the first ever all-female spacewalk in...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's dominant...

Rajesh Bysani joins Brainly as its new CPO

A New York headquarter peer-to-peer learning platform, Brainly has announced the appointment of Rajesh...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rahul Gandhi...

AI bot “ClaRAN” can spot radio galaxy too.

An artificial intelligence (AI) programme used to recognize faces on Facebook can also identify...

New hiring policies to look at by HR leaders for the IT industry

A new paradigm in the Indian IT business is being influenced by the epidemic...

In conversation with Gaurav Mathur, Managing Director & Founder of SafeGold

Today we speak to Gaurav Mathur, MD & Founder, SafeGold to understand how SafeGold...

1Win App: Review India Apk for Android and iOS

The company 1Win has been successfully operating in the markets of many countries around...

Unicorn: 5ire secures $100 Mn in series A round, hit $1.5 Bn valuation

5ire, a blockchain-based sustainable distributed computing platform has raised $100 million in series A...

How to Transform Your Idea into a Successful Business?

So, you think you have a brilliant idea and want to venture. Well, the...

Jharkhand CM Soren says, “Industrial activities can open with 30-35% workforce”

Addressing the media on May 28, Jharkhand CM Hemant Soren says, "Industrial activities can...

How To Enhance Safety & Security Protocols At Your Business

As a business owner, it's vital that you invest in your safety and security...

Jack Dorsey may not appear before Indian parliamentary Panel on 25 February

Twitter CEO Jack Dorsey will not appear before the Parliamentary panel on IT on...

WiJungle secures seed funding from SOSV

Leading unified cyber security platform, WiJungle has raised an undisclosed amount in its seed...