New Delhi-based Pracify connects gig workers, especially students, with companies looking for helping hands. To know more about the start-up: https://www.outlookbusiness.com/enter...
#JustStarted #Pracify #Business #OutlookBusiness #OutlookMagazine #OutlookGroup
#JustStarted #Pracify #Business #OutlookBusiness #OutlookMagazine #OutlookGroup
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00:00 Whether you're a college student looking for a part-time job or a company looking for part-time
00:11 workers, New Delhi-based Shivam Malhotra hopes to make life easier for you by making the whole
00:17 hiring process easier. His startup Pracify was founded in March 2020 with an initial
00:22 investment of five lakhs and received a funding worth 2.5 million from 100XVC. Here, founder
00:28 Shivam Malhotra gives us an insight into how the app works. So we at Pracify, we help companies
00:35 connect with young Indians who perform simple task-based jobs on an outcome basis. Using Pracify,
00:42 companies can onboard a large distributed workforce comprising of young Indians who perform
00:47 marketing, business development, research, operations and diligence-driven tasks using
00:52 their smartphone either in their home or in their locality. In less than three weeks of its official
00:57 launch, it now has more than 1000 downloads by gig workers and signups by 20 companies.
01:02 By the end of FY22, Pracify aims to earn about 16 to 25 crores. With the Indian gig economy still
01:11 at a nascent stage and expected to grow rapidly, Pracify is hoping to be an important cog in the
01:16 wheel. Watch out!