On-demand home services marketplace Zimmber has raised approximately $2 million rounded by IDG Ventures and Omidyar Networks along with participation from Ram Shriram founding board member of Google through Sherpalo Ventures;TV Mohandas Pai, Chairman of Manipal Global Education & ex-Member of Board of Directors of Infosys through Aarin capital.
Startup CEO Anubhab Goel said, the raised funds will be used to add more categories, develop technology and expand to other tier 1, 2 and 3 cities. The company plans to enter 37 new cities and also expand to 20 categories by early 2016. Further adding he said, “Apart from other growth parameters, we will be investing the fund into uplifting the eco-system of the Service Providers. Zimmber will do multiple initiatives in that direction including cross training them, enabling them in getting loans for buying houses etc through tie-ups with micro financing companies, ensuring their kids get preference in schools etc.”
In June 2015, the startup had raised $400,000 (around Rs 2.5 crore) from Bengaluru-based InMobi’s co-founders Naveen Tiwari, Mohit Saxena and Amit Gupta.
Founded 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.
Zimmber is currently present in Gurgaon, Mumbai and Pune and soon expanding to entire NCR and Navi Mumbai. They have 400+ service providers enrolled on their platform. Zimmber team is expanding, with more than 70 employees already on board and the startup is hiring aggressively across levels.
Ranjith Menon, Executive Director at IDG Ventures India said, “ Local services is an unorganized market in India. This platform will deliver a plethora of services that one needs everyday but not sure where to find. To solve this using technology is the challenge. The mobile first approach combined with the operational experience of the founding team is what got us excited about the opportunity.”Category Investments