Powered By Inc42 BrandLabs

Powered By Inc42 BrandLabs

Bangalore-based Housejoy has raised $4Mn in Series A round of funding from Matrix Partners. The company provides home services to users on-demand. The said funds will used to scale the company’s technology and expand to new cities as well.

Powered By Inc42 BrandLabs

Powered By Inc42 BrandLabs

The company was launched January this year by Arjun Kumar and Sunil Goel and it claims that it has been growing 30-40% on a weekly basis and is fulfilling around 1500 orders a day. It has also partnered with 2000 service providers across eight cities on its platform and is increasing its reach to two cities this month. The company takes a 10-25% cut of the service depending on the service it provides.

Along with this development, the company is currently in talks to raise another Series B round and given the rise of home services economy this seems imminent. The industry has witnessed a rapid rise as 69 startups were founded in 2014 alone. Company’s competition include Localoye, UrbanPro, UrbanClap, Taskbob and Qyk which have raised seed funding from institutional and angel investors.


Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.


Note: We at Inc42 take our ethics very seriously. More information about it can be found here.