EasyFix, India’s Uber for repair and maintenance, raises seed funding
With fresh capital, EasyFix plans to expand its geographical reach to 15 cities in India
SCREENGRAB OF EASYFIX WEBSITE.
India’s EasyFix, a maintenance and repair service startup, announced today that it secured an undisclosed amount of seed funding from Axilor Ventures.
Started in 2011, EasyFix calls itself an Uber for repair and maintenance services, such as carpentry, electrical work, and plumbing. The startup says its repairmen are all professionals and have undergone training. It claims to have serviced half a million people from Delhi, Bangalore, Chennai, Hyderabad, Kolkata Mumbai, Ahmedabad, and Pune.
With the fresh capital, EasyFix plans to expand its geographical reach to 15 cities in India. It will also build tools to improve delivery turnaround time.
“We have a huge unmet demand coming from existing customers and from cities we are yet to reach. We will invest in growing our field professional network from 2,000 to 5,000 strong, and tech-enabling them to ensure the home repairs experience is as close to the Uber experience as possible,” says EasyFix founder Shaifali Agarwal Holani.
Specialized service
This space has seen a number of new entrants and significant investments. In July, HandyHome, an on-demand electrical appliances repair service provider, raised US$500,000 in early stage funds from Bessemer Venture Partners and Kae Capital.
Other players in the space include heavily-funded services marketplaces like UrbanClap, LocalOye, and Taskbob. UrbanClap recently bagged US$10 million from SAIF and Accel Partners, while LocalOye raised US$5 million in series A funding from Tiger Global Management and Lightspeed Venture Partners. Taskbob received US$1.2 million from Orios Venture Partners and Mayfield.
These players are generic marketplaces providing all sorts of services – from guitar tutors, electricians, beauticians, and event managers. EasyFix specializes in the home repairs and maintenance category, which requires technical expertise.
This article was originally published at Tech in Asia here.
Started in 2011, EasyFix calls itself an Uber for repair and maintenance services, such as carpentry, electrical work, and plumbing. The startup says its repairmen are all professionals and have undergone training. It claims to have serviced half a million people from Delhi, Bangalore, Chennai, Hyderabad, Kolkata Mumbai, Ahmedabad, and Pune.
With the fresh capital, EasyFix plans to expand its geographical reach to 15 cities in India. It will also build tools to improve delivery turnaround time.
“We have a huge unmet demand coming from existing customers and from cities we are yet to reach. We will invest in growing our field professional network from 2,000 to 5,000 strong, and tech-enabling them to ensure the home repairs experience is as close to the Uber experience as possible,” says EasyFix founder Shaifali Agarwal Holani.
Specialized service
This space has seen a number of new entrants and significant investments. In July, HandyHome, an on-demand electrical appliances repair service provider, raised US$500,000 in early stage funds from Bessemer Venture Partners and Kae Capital.
Other players in the space include heavily-funded services marketplaces like UrbanClap, LocalOye, and Taskbob. UrbanClap recently bagged US$10 million from SAIF and Accel Partners, while LocalOye raised US$5 million in series A funding from Tiger Global Management and Lightspeed Venture Partners. Taskbob received US$1.2 million from Orios Venture Partners and Mayfield.
These players are generic marketplaces providing all sorts of services – from guitar tutors, electricians, beauticians, and event managers. EasyFix specializes in the home repairs and maintenance category, which requires technical expertise.
This article was originally published at Tech in Asia here.