Launched in September 2014 by Co-Founders Dipesh Garg & Rajshekhar, New Delhi-based Truelancer is an on demand curated freelance marketplace. The startup helps employers hire skilled freelance professionals. It operates globally, but presently it is focussing on South East Asia and has a strong presence in India, Philippines, Bangladesh, USA, UK, Pakistan, and Indonesia.
Truelancer takes care of the entire process of hiring a freelancer, one can either post a project or buy pre-listed service Gigs (eCommerce for digital services). Anyone can hire Developers, Designers, Content Writers, App Developers, Virtual Assistant or any professional. It also provides safety for employers & freelancer by providing Safe Deposit payment like an Escrow System.
The startup currently has more than 150,000 freelancers with 5000+ curated service Gigs (eCommerce for services). The firm claims to have 300,000+ monthly unique visitors. It aims to get 30 million freelance skilled professionals in next 3 years.
Truelancer solves two major problem ‘Quality’ and ‘Communication’. The startup has introduced ‘Compare & Hire’,
which helps employers compare proposals & professionals on 15
different parameters to make sure they are the right fit for their
The startup is in the process of integrating a strong collaboration tools inside the workstream which will be helpful to both employers & freelance professionals.
Businesses can build their teams on Truelancer, a Cloud Team and access it whenever required. This solves a major need of high growing business who need to scale talent demand quickly.
The company had closed an angel funding which included angel investors from India & US and currently is looking to raise another $1 million to fuel its growth and expand its tech team and community presence in India, Philippines, Bangladesh, USA and Indonesia. The firm will be launching its mobile app & enterprise solution in coming months.
The startup is growing rapidly and already the Largest Freelance platform in India and is looking to capture the increasing opportunity. The Freelance Industry has doubled in last year and is expected to be a $15B market in next 5 years.