Zimmber, which currently operates in Mumbai, Pune and Gurgaon has acquired $400,000 (Rs 2.5 crore) from InMobi’s Co-Founder Naveen Tewari and has also acqui-hired Mumbai-based laundry service Dhulai.in. In 2014, the venture had raised about $500,000 from a group of angel investors including Jabong India head, Praveen Sinha, and an executive from Godrej Group.
Unlike other startups, Zimmber trains and accredits all handy-men before enrolling them on the platform. In India, this segment has received great VC interest, though there is intense activity with more than 69 home solutions firms being founded in 2014.
Talking about investment, Anubhab Goel, CEO and Co-Founder, Zimmber said, “Investments from such great businesses such as InMobi endorse our capabilities and help us in add value as a technology firm. Also, acqui-hiring Dhulai, helps in streamlining our supply side as our demand rises by the day. At present we are getting 100 orders per day from cities including Mumbai, Pune and Gurgaon.”
Launched in 2014 by Co-founders Amit kumar, Gaurav Shrivastava, and Anubhab Goel, the startup offers on-demand home services like home painting, AC services, electrical services, plumbing Services, and carpentry among others.
“India is primarily a service economy and when it comes to day to day home services, we all tend to suffer. Zimmber is solving a real life problem we all face each day. This is high time when a company like Zimmber does the comprehensive and holistic work on uplifting the ecosystem. We believe in the model and team and would continue to back Zimmber in our own ways. This is a huge market opportunity and Zimmber is well poised to solve the problem,” InMobi’s CEO Naveen Tewari said in a release on Monday.
Zimmber currently partnered with 250 service providers and also planning to expand their footsteps to metros like Delhi, Kolkata, Chennai and many more tier 2 and tier 3 cities in the upcoming months.
Henal from Dhulai said, “Laundry segment is not an organized space. We started Dhulai keeping the same vision, however with advent of new local Home Services providers, we see it as a shared vision. I really enjoyed meeting with Amit from Zimmber and thought since the dream and destination is the same why not merge the paths as well. We will ensure that this category become the leading one for Zimmber.“
Also, the company is in final stages to secure $12 million from three venture capital firms. A company spokesperson told iamWire that, the capital will takes place across two tranches, with the first tranche of $2 million that is expected to be closed with in a month.
The venture competes with UrbanClap, Urbanpro, LocalOye and Qyk among others. Just one day back, online marketplace for day-to-day services, UrbanClap secured $10 million in series A funding from existing investors SAIF Partners and Accel Partners.Category Investments