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Use Case For The Gig Economy

April 2023

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Commercial Vehicle

Shark Tank India fame Revamp Moto wants to transform the gig economy. Deepti Thore caught up with the team to look at the commercial offerings.

- Deepti Thore

Use Case For The Gig Economy

Gig workforce is creating a new economic revolution globally and India is at the forefront of this revolution. Startups like Revamp Moto are driving this change. With an aim to transform the gig economy, and to give it a competitive edge. According to a study released by Niti Aayog in 2022, Gig and Platform Economy is booming in India and the gig workforce is expected to expand to 23.5 million workers by 2029-30. No wonder then, Revamp Moto committed to providing adaptive and sustainable solutions to the layer at the bottom of the pyramid. The attempt to empower the gig workers and move them from unorganised to organised sector is fructifying. Speaking about the shift, Pritesh Mahajan, Co-Founder and Chief Executive Officer, Revamp Moto said, “The motto of our company is bring about this shift from unorganised to organised in the gig economy. We want the gig workers to go beyond salaries and chase entrepreneurship that they might have dreamt of.”

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