Hitouch invests in talent marketplace Zolo

29 Aug, 2016

Zolo2Delhi-based Zolo Technologies Pvt. Ltd, which operates on-demand online talent marketplace Zolo, has raised an undisclosed amount in seed funding from Switzerland-based software firm Hitouch AG, it said in a statement.

The company plans to use the funds to expand to other cities and add more categories.

"Zolo aims to revolutionise the service industry by empowering talented individuals to follow their passion and share it with the world. With our pre-packaged gig model along with other innovative features, Zolo intends to lead the 'service-as-a-product' revolution in India," said Manish Tahiliani, co-founder and CMO, Zolo.

The company was founded in September 2015 by Tahiliani and Satayu Basu.

Zolo connects goods and service providers and users and eliminates problems related to negotiations and payments.

Zolo charges a commission of 10-20% from vendors on each sale they make through the platform. It is also planning to launch platforms like Zolo Homes, Zolo Skills, Zolo Rentals, Zolo Academy, Zolo Lounges and Zolo Eat.

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