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PhonePe acquires freelance platform to boost enterprise business

March 23, 2022

PhonePe acquires freelance platform to boost enterprise business
Digital payments organization PhonePe on Monday declared that it has acquired freelance platform for small entrepreneurs GigIndia. The arrangement sum, nonetheless, wasn’t uncovered by PhonePe.

As indicated by the organization, it would use GigIndia’s organization of 1.5 million consultants to help corporates and endeavors get more clients and scaleup their circulation channels. GigIndia current has in excess of 100 ventures as clients. Gig work or outsourcing is basically alluded to on-request work delivery with unimportant or no proper contracting.

“This obtaining will reinforce PhonePe’s contributions and offer to its undertaking accomplices and result in the making of millions of chances for individual independent miniature business visionaries in India. As indicated by reports, India’s freelancing is projected to develop to $20-30 billion by 2025,” PhonePe said in an explanation.

“We are eager to invite GigIndia’s group to PhonePe and influence their area skill to offer worth added administrations to our endeavor accomplices, assisting them with scaling, extend and develop their organizations,” said Vivek Lohcheb, Head of Offline Business, PhonePe.

PhonePe works with organizations like Ola, Myntra, Domino’s Pizza, KFC, Indian Oil Corporation, IRCTC, Swiggy, and more to offer its business arrangements including Switch (which permits traders to incorporate their dynamic web applications or mobile destinations to PhonePe application), credit only payments at disconnected stores, online payments, and in-application brand promotions and prizes.
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