Press Release


Truelancer Raises Seed Funding from group of Investors from USA & India

The globally curated freelance marketplace from India with 200,000+ Freelancers receives Seed Funding

New Delhi, India, 18 November 2015: One of the hottest new Startups, New Delhi based — An Online Platform to hire Skilled People & Find work successfully — closed their Seed Round investment from USA based BlackstoneValleyGroup led by Raghu Vohra (@BlackstoneVG), Dr. Aditya Dev Sood (@adityadevsood), Kamal Bansal & other angel investors.

Launched in September, 2014, currently has more than 200,000 skilled Freelance Professionals who are available to be hired as developers, designers, content writers, virtual assistants, growth hackers, social media experts etc. Currently, Truelancer is focused on capturing the rapid growing Asian Market and is already the largest Freelancing Platform based out of Asia. The freelance industry is expected to grow 10x, that is around $120B industry in next 4 years.

"Dipesh & Truelancer team impressed us by their diligent approach and process of building of Truelancer marketplace. Their hard work & ability to execute on growth /user/project metrics, has been phenomenal. I am happy to have lead their seed round and am excited to join their Board."

says Raghu Vohra

Truelancer is built on the concept of Marketplace 2.0, which is more focused on creating better values rather than just focusing on transactions. This vision is fully supported by its ingenious technological features such as ‘Compare & Hire’ which has helped employers by providing them better insights about the shortlisted Freelancers to finalize the freelancer and curated listing of 5000+ Services or Gigs which helps the freelancers sell more and sell 24×7. Also Truelancer is building the first of its kind collaboration tool which will change how freelancers and employers collaborate to work remotely. The tool helps both new as well as experienced freelancers to get more work and connect with employers around the world.

"We see Trulancer as an enabling platform for millions of digital workers across World, working and collaborating in new ways, and earning incomes never before possible. That's exactly the kind of change-making company we like to see come out of Startup Tunnel."

says Dr. Aditya Dev Sood

According to Dipesh Garg, CEO & Cofounder at Truelancer, the raised capital will be used to scale up the marketing efforts to bring more work on the platform and expand the product for enterprise clients that will help Businesses & individual employers hire high quality & skilled professionals.

As a part of the deal, BlackstoneValleyGroup will onboard their operational expertise and network to Truelancer and Raghu Vohra will also join Truelancer’s board of Directors.

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Dipesh Garg


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