A GigTech platform connecting blue-collar workers with no access to the digital economy.
HelloTask enables connectivity for non-smartphone user blue-collar gig workers in developing countries.More than 50M blue-collar gig workers are contributing to 100B+ USD economy in Asia. But these workers are also the largest users of feature phones with no access to the internet or digital economy. The digital platforms can only empower smartphone users and the labor class has been an untapped gold mine. In Bangladesh, domestic helpers are the most popular gig workers and 2.5M are actively contributing to the $4B+ economy. We piloted our solution connecting non-smartphone users the domestic helpers to users giving an Uber-like experience to get connected with verified helpers within 1 minute. There are 5.5M+ urban families that are dependent on domestic helpers every day. By serving 2500 families, we can generate 1M USD annualized GMV and by serving 250K daily active users, we can build a $100M business by 2025.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Oct 1, 2019 | Grant | $220K | 1 | Oxfam’s Enterprise Development Programme | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Oxfam’s Enterprise Development Programme | Yes | Grant |