Timesaverz Raises Angel Funding

Mumbai-based Timesaverz, which offers a  platform to obtain people for home services, has raised seed funding from a group of angel investors led by Neville Taraporewalla and Rajesh Sawhney of GSF.

Ashish Jalani, founder at eTailing India, Dinesh Agarwal, founder of Indiamart, and Nish Bhutani, COO of Saffronart also participated in this round.

Launched last year by Debadutta Upadhyaya and Lovnish Bhatia, Timesaverz offers handyman and cleaning services and appliances repair.

“Timesaverz is a mobile marketplace that combines ‘uberification of services’ with an understanding of the needs and dynamics of Indian households. The leadership team of Timesaverz has curated a strong network of service partners and have built a scalable model of service delivery,” said Rajesh Sawhney.

The raised funds will be used for scaling up and expanding services across multiple cities in India, as of now its services are available only in Mumbai.

It currently has a network of over 500 service providers on its platform. Each service partner goes through a process before enlisting with the platform that includes background check, verification of skill-sets and polishing of soft-skills.

Timesaverz was part of  GSF’s 2013 Summer Accelerator Program.

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