Home services provider Zimmber (Rejuvenate Solutions Pvt. Ltd) has acquired Findyahan India Pvt. Ltd, a hyperlocal marketplace for services. The deal amount has not been disclosed by either of the parties. However, Amit Kumar, co-founder and chief operations officer at Zimmber said the acquisition was a mix of cash and equity.
It is a strategic acquisition made by Zimmber to fuel its white collar services to further strengthen its foothold in the space of local services.
Findyahan is a location-based discovery platform that connects skilled individuals and home businesses to better target customers. It provides services like healthcare, fitness, beauty and catering among others.
As per the deal, both co-founders of Findyahan, Rachit Mathur and Snehil Khanor and five other team members will join Zimmber. Mathur will be part of growth and revenue initiatives team while Khanor will join the products team.
Founded in 2014 by Anubhab Goel, Gaurav Shrivastava and Amit Kumar, Zimmber offers the services of electricians, painters, plumbers, electrical appliance repairs and maintenance professional among others, in nearly 10 citiesCategory Business News