2014-10-15

Mumbai-based start-up Timesaverz raises seed funding

The startup will use the funds for scaling up and expanding its services across multiple cities in India.

Mumbai-based start-up Timesaverz raises seed funding

Right Angle Web India Pvt Ltd, which owns and operates an online marketplace for home services Timesaverz.com, has raised an undisclosed amount in seed funding led by internet business professional Neville Taraporewalla and GSF Superangels founder Rajesh Sawhney, as reported by VCCircle.

 

The startup will use the funds for scaling up and expanding its services across multiple cities in India. As of now, it is only available in Mumbai.

 

“We have established a business around organising a disorganised home services market through mobile technology intervention. Not only that, the social impact of this model has seen job creation and supplementary income for individual skilled workers. The current fundraising will be used to expand into other cities and strengthen our mobile-first vision,” Debadutta Upadhyaya, co-founder, Timesaverz told to VCCircle.

 

The Mumbai-based start-up was co-founded by Debadutta and Lovnish Bhatia in July 2012. According to the company, its marketplace connects home service seekers with home service providers. It currently has a network of over 500 service partners. Each service partner goes through a process before enlisting with the platform that includes a thorough background check, verification of skill-sets and polishing of soft-skills.

 

Available in Mumbai, the network of agents helps time-stressed Mumbaikars outsource their home service requirements in the area of cleaning tasks, handyman jobs, appliance repairs and errands co-ordination. Quality service delivery on time is ensured through ‘live’ tracking of the entire process from the job request to job completion and feedback gathering through mobile phones.

 

Related opportunities
  • Fine Dine Restaurants
    Figaro's Pizza is an American multinational quick service restaurant chain..
    Locations looking for expansion Haryana
    Establishment year 1981
    Franchising Launch Date 2001
    Investment size Rs. 30lakh - 50lakh
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Electric Vehicles
    We would like to introduce ourselves as an organisation working..
    Locations looking for expansion Tamil nadu
    Establishment year 2018
    Franchising Launch Date 2021
    Investment size
    Space required 500
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Chennai Tamil nadu
  • Diamond & Platinum Wears
    We at Xazina believe that the beauty of a diamond..
    Locations looking for expansion Delhi
    Establishment year 2020
    Franchising Launch Date 2022
    Investment size Rs. 50lakh - 1 Cr.
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Movies (Multiplex)
    Jadooz provides a virtual reality cinema theatre. It is a chain of..
    Locations looking for expansion Uttar pradesh
    Establishment year 2019
    Franchising Launch Date 2023
    Investment size Rs. 30lakh - 50lakh
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bishrakh Uttar pradesh
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads