Under the leadership of Adesh Kumar Tyagi, Tryfacta Inc, a US-based AI-driven staffing and technology solutions company, is preparing to file draft papers for an Initial Public Offering (IPO) aiming to raise $100 to $150 million on the Gujarat International Finance Tec-City (GIFT City) exchange. The filing is expected by the end of October 2025.
GIFT City: India’s Global Finance Gateway
Listing on the GIFT City exchange strategically positions Tryfacta to leverage India’s only International Financial Services Centre (IFSC), which offers world-class infrastructure, significant tax incentives, and regulatory benefits. If successful, Tryfacta will be only the second company after Mumbai’s XED to list on this exchange.
Adesh Tyagi’s Vision Behind Tryfacta’s Expansion
Founded by Adesh Kumar Tyagi and Ratika Tyagi in 1996, Tryfacta evolved from a niche IT staffing firm into a comprehensive workforce solutions provider specializing in US federal, state, and local government contracts. The company serves over 200 clients across 40 states and manages a contractual workforce of 4,000 across sectors such as healthcare, IT, education, cybersecurity, and professional services. Adesh Tyagi’s strategic vision has propelled Tryfacta’s growth into new markets with cutting-edge AI technology.
Inside Tryfacta’s AI-Powered Staffing Model
Tryfacta’s remarkable success is driven by its advanced AI-enabled recruiting and digital workforce management platforms. These technologies enable rapid identification, vetting, and deployment of highly qualified professionals for critical government projects. Key contracts include a $43 billion multi-year deal with the US Defense Health Agency, an $11.9 billion cybersecurity and AI platform contract, and a $100 million renewable healthcare staffing contract.
Tryfacta’s IPO: Strategic Global Capital Integration
Sources reveal that Tryfacta’s IPO plans align with its long-term strategy to integrate global capital access with its AI-driven staffing and technology capabilities. IFSCA-registered Yoki Financial Services has been appointed as the lead investment bank for this landmark offering.