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Quess Corp acquires additional 33% stake in digital gig worker platform ‘Taskmo’

10 Jul 2021 Evaluate

Quess Corp has acquired additional 33% stake in digital gig worker platform Taskmo with an investment of about Rs 3.2 crore. Earlier, the company held a 16.12% stake in Stellarslog Technovation, which operates under the name of Taskmo. This investment will strengthen Quess' presence in the digital gig economy and enable it to serve the demand for flexible gig workers from existing and new clients.

Taskmo's turnover stood at Rs 1.25 crore in the financial year 2020-21, and the firm had over 20,000 users as on June 30, 2021.

Quess Corp is one of India’s leading integrated business services providers focused on emerging as the preferred partner for handling end-to-end business functions of its clients.

Peers
Company Name CMP
SIS 418.65
Quess Corp 354.00
TeamLease Services 1194.95
Bluspring Enterprise 140.75
BLS Internatl. Serv. 223.90
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