Indian staffing firm Quess Corp has fully acquired Taskmo as its founders fully exited the staffing platform.

Taskmo was founded in 2020. Quess Corp first invested in Taskmo in 2021 with 49% stake in the gig economy startup for INR 100 million (USD 1.36 million). The investment marked Quess’ entry in the Indian digital gig economy.

According to the New Indian Express, Taskmo will continue to operate independently under the Quess Corp umbrella.

Prashant Janadri, co-founder and chief executive officer, Taskmo, told the New Indian Express, “We experienced a little shyness from workers to opt for gig work in our early days, but our seamless opportunities with the ease of product helped us serve more than 35,000 unique taskers or gig workers so far.”

Quess Corp also announced recently that it completed the disinvestment of its entire stake in Qdigi Services Limited.

Quess Corp first announced in February that it agreed to divest its wholly-owned subsidiary, Qdigi Services Limited, to Onsitego, an India-based device-care provider.

Qdigi ceased to be the subsidiary of the company with effect from 1 April 2024.

Quess Corp also announced that, on 30 March 2024, it acquired additional equity shares in Heptagon Technologies Private Limited, a a digital consulting and product engineering company. The company’s shareholding in Heptagon will increase from 60.67% to 100% pursuant to the share purchase agreement dated 30 March 2024.

Post-acquisition, Heptagon will become a wholly-owned subsidiary of the company.