The internet-based startup Fixpocket secured USD 250,000 seed funding from La Gajjar Group, a private investment group based in Ahmedabad. Following the venture, the two companies together formed Kasova Ventures Private Limited, which currently owns and operates Fixpocket.
The capital has been utilized for setting up the initial team, design & development of technology and early-stage marketing activities. Fixpocket launched the first version of its web portal in April 2017. It consists of more than a hundred categories identified to serve different microservices in the market. With a constant effort to make the portal reach its targeted audience, the marketing professionals at Fixpocket are working on a number of ground level and digital strategies. Fixpocket also launched its iOS and Android apps in July-end to make it easier for the buyers to access these services.
So far, around 17,000 people have enrolled as members of Fixpocket for providing one or more of its 3,500 services. The freelance marketplace has also been able to establish tie-ups with more than 200 corporate enterprises and fulfilled over 2,000 orders since the launch of its website.
Soham Thacker, Co-Founder, Fixpocket said, “Fixpocket was conceptualized by identifying the gap of micro-services in the freelancing market. People in India possess a variety of skills but the market lacks a platform for these skills to be publicized and monetized. We have established a special Corporate Management team that reaches out to large and mid-sized companies, educating them about the beneficial use of Fixpocket and how it can help them reduce fixed overheads by outsourcing their work. Fixpocket also has the vision to create an international marketplace for the workforce of over 15 million freelancers that India has to offer.
“Fixpocket’s vision is to create an Online Marketplace where Digital Microservices are offered by Working Professionals & Freelancers at a reasonable & fixed price. These services than can be purchased by Individuals, SME’s & Start-ups who are looking for freelancers or project-based content providers. We have a mission to establish Fixpocket as a brand which is known for its quality services offered at highly competitive prices. We want to develop valued trust amongst all the buyers by ensuring on-time delivery. The idea is to set Fixpocket as a benchmark for any requirement in the field of digital services such as Graphics, Social Media Content, SEO, Content Writers and various other categories.” added Kaivan Shah, Co-Founder, Fixpocket