And more money for the home service providing space. Housejoy, a Bangalore-based door to door home services provider, has managed to scoop in $4 million in a fresh Series A funding round led by Matrix Partners.
Founded this January, Housejoy aims to organise India’s immensely scattered basic home services market, by providing all those basic door to door services that you can think of, spanning from plumbing, electric repairing, computer fixing, laundry services and much more.
Moreover, calling in an expert from Housejoy isn’t a hectic task, just choose your location, followed by the service that you are in need of and your man of the hour will arrive at your door within 2 hours. What makes this so much flexible. is that you can make payment once your work is done and you are fully satisfied with the experience.
Also, you will be provided full details of the repairer in advance for security reasons. Housejoy claims to have ensured that each service provider is certified for skills, which is done by an extensive certification provided by a third party.
The customer is also able to track the movement of the service provider and know exactly the estimated time of arrival. As it has become a trend these days, An ‘Uber’ for door-to-door services.
Vikram Vaidyanathan, Bengaluru MD of Matrix Partners said-
The biggest difference between Housejoy and others is that it’s a full-stack marketplace. They are taking ownership of the user’s problem and guarantee that the service provider shows up. India has a large home services economy. The next large horizontal marketplace is going to be a services marketplace.
Housejoy has been growing 30-40% on a weekly basis and currently processes around 1,500 orders a day. It has partnered with close to 2,000 service providers across eight cities on its platform.
Arjun Kumar, co-founder at Housejoy said-
Home services are supply agnostic”customers do not care who the service provider is as long as the problem is fixed. So, we decided to ensure supply at standardized prices.
With this recent incoming of cash, Housejoy plans to scale up the company’s technology and expand to new cities.
Online home services industry in India has been rising up the charts at an exponential rate , with about 69 startups founded in 2014 itself, according to startup industry tracker Tracxn (which also just raised $10 Million for an incubator program). Also, preference towards calling in services via web platforms has been garnering enough hype in the country.