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Venture Capital | 26 October 2015

On Demand Expertise And Consultants Marketplace Flexing IT Secures Funding

by Ahemad Shaikh
On Demand Expertise And Consultants Marketplace Flexing IT Secures Funding
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Delhi based Flexing It, that connects companies with part-time resources for consulting assignments, has secured about R3.25 Cr ($500 K) in an angel round led by Arjun Dhawan (Head, HCC Infra) and Dhruv Agarwala (CEO, PropTiger).

The round also saw the participation from Tilman Ehrbeck (former partner, McKinsey) and J Walter Thompson (executive, Colvyn Harris).

The funding amount will be deployed towards scaling up its operations and marketing activities.

Founded in 2012 by Chandrika Pasricha, Flexing IT (operated by Flexing It Services Pvt Ltd) is an online marketplace for consultants and on-demand expertise. It connects organisations to professionals and expertise on an demand basis for projects, consulting assignments, advisory roles and part-time resource needs.

The company has built a community of over 12,365 professionals, and has over 1,067 companies are listed on its platform and counts companies such as Capgemini, Deloitte and Medtronic among others as clients.

Its functionality includes 3 models to organisations for posting assignments – MyFlex Prepaid, MyFlex Postpaid and SuperFlex.

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