Business English

QSET acquires GrowthMart ( founded by IIT Kharagpur alumni ) at an undisclosed amount

Delhi, [India] “We are glad to build a profitable freelancing marketplace and create employment opportunities for the freelancers during this pandemic” says Avirup Mondal,, Co-Founder and CEO, GrowthMart.

Pune based IT company, QSET has  acquired on-demand freelancing marketplace, GrowthMart for an undisclosed sum to expand their business verticals in the domains of development, design and digital marketing.

GrowthMart was founded by IIT Kharagpur alumni, Avirup Mondal and Vaibhav Dusad in December 2019 .It is a bootstrapped tech-startup which went cash flow positive in four months since its inception.

“GrowthMart aims to create, promote and manage 15 Million+ freelancers in India by building a platform to network, learn and earn.

‘’The quality of our service providers and a seamless hiring process is our USP!

Our service providers are strictly tested on past experience, communication, project management and technical skills.

Apart from that, we assign a dedicated customer experience manager for every project engagement to ensure end-to-end delivery of the project and resolve disputes ” Avirup explained.

QSET did not disclose terms of the deal. According to the conversation with Bhushan, Founder and CEO of QSET, GrowthMart was valued at less than 3 Crores.

QSET is a comprehensive IT Solutions Company based out of Pune, serving its clients globally. Having a strong background in programming languages like Angular, Ionic, NodeJS, MongoDB, Flutter and React, QSET made a mark of its presence worldwide.

“We are heading towards success by providing value to our clients through Web applications, Mobile Applications, ERPs, and eCommerce websites.” Says Bhushan,Founder and CEO of QSET.

Post the acquisition, the company plans to expand overseas with it’s offices in Pune and Bangalore, offering services in the domains of Product Consultation, Website/Application Development, Design and Digital Marketing.