- How Indian On-Demand Laundry Startups Are Washing Their Way To A Market Worth Billions Of Dollars Fill it, shut it, forget it. This famous tag line of the 1980s commercial of Hero Honda Splendour bike in the 1980s was a wonderful example of brilliant single minded communication which assured buyers of the peace of mind as far as fuel economy was concerned, thus valuing their convenience, time, and effort. Three decades […]
- News Roundup: 11 Startup Stories You Don’t Want To Miss This Week [4 April – 9 April] Facebook has introduced a local services website in India to help customers discover the best-rated service providers in their vicinity. The website works on the hyperlocal model, where services are catered to a local geographical area, and lets vendors upload their business details through their Facebook page. The site has been under pilot since November […]
- LocalOye’s Founder Aditya Rao Quashes Shutdown Rumours, Admits To Restructuring Quashing rumours about a possible shutdown, Aditya Rao, CEO of Bangalore based home services startup LocalOye admitted that though the company is not in a good shape, but is still dedicated to growth. In an email to Inc42, Aditya clarified his stance about shutdown rumors as follows: “No we are NOT shutting down. Yes, we […]
- PE firm Nalanda Capital Invests $18 Mn In JustDial; Ups Stake By 2% Singapore-based Private equity investment firm Nalanda Capital has invested around $18 Mn (INR 120 Cr.) in Mumbai-based local search service JustDial. With this, Nalanda’s total stake in the company increased by 2% to 7.58% as per stock market reports. JustDial was founded in 1994 by VSS Mani. The official website (www.justdial.com) was launched in 2007. […]
- News Roundup: 11 Stories You Don’t Want to Miss This Week [16 November – 21 November] Housing.com has informed of its decision to focus on home buying and selling business and scale down all other verticals including listings and rentals. The company has laid off over 200 employees. This layoff is also meant to drive further efficiencies across the company. With this development, the company will be reorganising its teams to […]
- News Roundup: 9 Stories You Don’t Want To Miss This Week [24 August -29 August] Flipkart has put its plans to go app only on hold. The company is said to be concerned about mobile app only sales in big-ticket categories such as large appliances and furniture. For which, the company is experimenting with various aspects of service before going app only. Let’s Have A Look At The Important Developments […]
- LocalOye Goes Pan With Its “India Online Service Category”; Goes Live With 12 Professional Services Backed by Tiger Global and Lightspeed, home services startup, LocalOye, has launched its pan India online service category. This development will allow customers to get authentic and factual advice from over 100 certified & verified LocalOye partners. Through this innovative platform, LocalOye becomes the first player to gain a Pan India access of its consumers. […]
- The Indian Home Services Startups Are Killing It – Decoding The $100 Bn Opportunity There could not have been a better time for me to write an article on the home services startups. Not because it is the hottest sector where technology is causing disruptions in a highly unorganized market to change the very structure of it. Simply because I happened to witness the way standardisation is trying to […]
- Exclusive: Investors Love For Services Marketplace Is Here To Stay; FindYahan Grabs Funding From The Phoenix Fund Research shows that over 1200 Cr. searches are being done on daily basis by the people looking for service providers and over 6 Lakh service providers are being contacted everyday. But as an individual looking for a service provider its not that smooth to reach out the service provider which they are actually looking for. […]
- Funding Galore: Startup Fundings Of The Week [13 April – 18 April] One of the biggest announcement came from Ola this week, the cab hailing app raised over $400 Mn in Series E round led by DST Global with participation from GIC, Falcon Edge Capital and existing investors SoftBank Group, Tiger Global, Steadview Capital and Accel Partners US. This week, 15 startups raised about $517 Mn in […]
- LocalOye Aims To Disrupt The $100 Bn Local Services Market, Raises $5 Mn From LightSpeed & Tiger Global In India, local services market is worth $100 Bn. To tap this market, there are a number of startups that have made an foray in this space and the recent fundings in this space, further validates the fact that, this space is going to get much more investor attention. Mumbai-based LocalOye is one such startup […]
- Local Services Aggregation Startups In India – Going Beyond JustDial Local service aggregators are growing in India. The services catered by these startups are highly fragmented, have low ticket size and low frequency of usage. Individually these services may not be big enough to justify making a Internet business around it, unlike Cars or Restaurants, but collectively this makes for a sticky use case. Until […]