GigsTime was founded in 2014 by Sagar Rana to create a social platform for music lovers to connect. It allows musicians to collaborate, promote, and distribute their music. GigsTime functions as both a social network for artists and fans, and as a platform for labels to receive demos and promote existing artists. It aims to solve the problem of how to share music interactively without risking lost revenue from piracy. The site generates revenue through ads on profiles, logout pages, popups, and by allowing artists to sell music through stores like iTunes and Amazon, earning a percentage of each sale.