AI-Driven Staffing Firm Tryfacta Set to File for $150 Million IPO at GIFT City

Under the leadership of Adesh Kumar Tyagi, Tryfacta Inc., a US-based AI-driven staffing and technology solutions firm, is preparing to file draft papers for an Initial Public Offering (IPO) aimed at raising between $100 and $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 Emerging Global Financial Hub

Listing on the GIFT City exchange strategically positions Tryfacta to tap into India’s only International Financial Services Centre (IFSC), known for its world-class infrastructure, competitive tax framework, and regulatory incentives. If successful, Tryfacta will become only the second company — after Mumbai-based XED — to list on this international exchange.

Adesh Tyagi’s Vision and Tryfacta’s Growth Journey

Founded in 1996 by Adesh Kumar Tyagi and Ratika Tyagi, Tryfacta began as a niche IT staffing firm and has since evolved into a comprehensive workforce solutions provider. The company specialises in US federal, state, and local government contracts, serving over 200 clients across 40 states and managing a contractual workforce of more than 4,000 professionals.

Under Adesh Tyagi’s leadership, Tryfacta has expanded into new markets through the integration of advanced AI-driven solutions that optimise workforce efficiency and service delivery.

Inside Tryfacta’s AI-Driven Staffing Model

Tryfacta’s rapid growth is underpinned by its proprietary AI-enabled recruitment and digital workforce management platforms. These systems streamline the process of identifying, assessing, and deploying qualified professionals for critical projects.

Some of its notable government contracts include:

• A $43 billion multi-year agreement with the US Defence Health Agency
• An $11.9 billion cybersecurity and AI platform contract
• A $100 million renewable healthcare staffing contract

These large-scale engagements highlight Tryfacta’s capability to deliver technology-driven staffing solutions at a national level.

Tryfacta’s IPO: Integrating Global Capital and Technology

According to industry sources, Tryfacta’s planned IPO is aligned with its broader strategy to merge global capital access with its AI-based staffing and technology offerings. Yoki Financial Services, registered with the International Financial Services Centres Authority (IFSCA), has been appointed as the lead investment bank for this proposed listing.