Home services startup Frapperz raises $100K in seed funding

Home services startup Frapperz raises $100K in seed fundingOn-demand home services provider Frapperz has raised $100,000 (Rs 66.6 lakh) in seed funding from a group of investors led by an Australia-based healthcare entrepreneur. The mobile platform, owned and operated by NumeroSeven Technologies Pvt Ltd, has recorded over 10,000 active downloads, the startup said in a press release. It claims to have clocked monthly […]

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Housejoy FY16 losses widen 20-fold on higher ad spend, employee costs

home_feHome services startup Housejoy’s revenue rose nearly 32 times in FY16, but losses also went up 20-fold as employee costs soared and the company spent more on advertising and promotions. The company, run by Sarvaloka Services On Call Pvt. Ltd, reported total revenue of Rs 17.1 crore against Rs 54.43 lakh in the previous year, […]

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Amazon opens new front, pilots beauty service in Bangalore

Amazon-by-Shah-Junaid-(2)1Even as it is making deep inroads into the Indian ecommerce market, Amazon India is piloting in-home beauty services in the country, the most viable segment among home services that offers high frequency of transactions, better margins and repeat business. By stepping into services marketplace, the ecommerce major is opening a new front where it […]

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Servify raises funding from Beenext, Blume Ventures, others

ServifyServify, a platform that works as a personal assistant to electronic gadgets and appliances, has raised an undisclosed amount in its pre-Series A round of funding from Beenext, and existing investors Blume Ventures and two German firms— Barkawi Holdings GmbH and TM Service Technology Holdings GmbH, according to a blog post on the company’s website. […]

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Exclusive: Former ITC exec Pradeep Dhobale invests in home services startup Renowala

Joshua Kumar, CEO, RenowalaHyderabad-based on-demand marketplace for home improvement services Renowala.com secured a second round of seed funding from FMCG veteran Pradeep Dhobale, a top company executive told Techcircle.in. Dhobale, who is a former ITC executive and an active angel investor, picked a 6.25% stake in the firm for an undisclosed amount, Renowala CEO Joshua Kumar said. The […]

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Gadget repair platform Repaireasy raises $275K from MSA, others

repaireasy2Gadget and mobile phone repair platform Repaireasy has raised a pre-series A investment of $275,000 from a consortium of international and domestic investors including Morris Street Advisors (MSA) and P. Krishnamurthy, former vice chairman of JM Morgan Stanley. The startup plans to utilise the funds to power up its technology infrastructure, strengthen customer support, develop […]

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Exclusive: Wellness startup Gomalon raises second round of seed funding

Anil_KumarBangalore-based wellness services startup Gomalon Technology Ventures Pvt. Ltd has raised $100,000 (around Rs 68 lakh) in a second round of seed funding from a company that makes essential oils, natural food colours and spice extracts, Anil Kumar, co-founder, Gomalon told Techcircle. Kumar declined to name the company and only said that it has operations […]

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Exclusive: Wellness startup Gomalon raises second round of seed funding

Anil_KumarBangalore-based wellness services startup Gomalon Technology Ventures Pvt. Ltd has raised $100,000 (around Rs 68 lakh) in a second round of seed funding from a company that makes essential oils, natural food colours and spice extracts, Anil Kumar, co-founder, Gomalon told Techcircle. Kumar declined to name the company and only said that it has operations […]

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Why home services startups are finding it difficult to get customers

home_feUntil last year, a new startup was springing up in the on-demand home services space every few days, riding on the convenience and instant access that the smartphone provided. These startups promised to send reliable service professionals for every kind of work that an Indian home required – plumbers, electricians, wedding photographers, fitness instructors, home […]

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