Quess Corp Acquires Gig Discovery Platform Taskmo to Strengthen Gig Economy Solutions

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Posted by pallavi on 2024-11-29 17:23:30 |

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Quess Corp Acquires Gig Discovery Platform Taskmo to Strengthen Gig Economy Solutions

Quess Corp has fully acquired Taskmo, a gig discovery platform, for an undisclosed amount, following the exit of Taskmo's founders, Prashant Janadri and Naveen Ram. Taskmo, which was founded in 2020, connects businesses with on-demand talent for various tasks and projects.

The platform experienced rapid growth, with its revenue increasing from ₹1 crore in FY21 to ₹20 crore in FY23. Taskmo has partnered with major companies like Jiomart, Amazon, Flipkart, Meesho, Zomato, Rapido, Uber, Ola, HDFC, and Swiggy.

Despite the acquisition, Taskmo will continue to operate independently under the Quess Corp umbrella, focusing on solutions for the gig economy. The acquisition is expected to bolster Taskmo's market position and accelerate its growth.

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