About 99PerHour
99PerHour was a Business Services company based in Hyderabad (India) founded in 2015 by Bhavani Shankar and Vidya Kaipa. It provides local services on a flat rate basis for consumers. It operates on a B2C model. 99PerHour has raised $300 thousand across 1 funding round. Its Indian entity 99Perhour Services (India) Private Limited reported revenue of ₹12 Lakh. The company is recorded as dissolved. Its focus areas include Services, Local Services, On-Demand Services and Flat Rate Offerings. Its competitors include OneDios, Bro4u, LocalOye, Lookup and FindYahan and 2 more; 4 of its 7 listed competitors have raised funding.
Company details
99PerHour, founded in 2015 in Hyderabad, India, focuses on providing essential services, local services, on-demand services, and flat rate offerings. Provides local services on a flat rate basis for consumers. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Hyderabad, India
- Founders Bhavani Shankar, Vidya Kaipa
- SectorsBusiness Services
- Website 99perhr.com
- Social X Facebook
- Legal Name 99Perhour Services (India) Private Limited
- Date of Incorporation 13 Aug, 2015
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹12 Lakh
FY 2017 · +420% YoY
- Net Loss-₹15.3 Lakh
FY 2017 · -128% margin
- EBITDA-₹1.8 Lakh
FY 2017 · -15% margin
- Total Equity Funding$300K (USD)
in 1 rounds
- Latest Funding Round$300K (USD), Seed
Jan 2017
Associated legal entities of 99PerHour
99PerHour operates through 99Perhour Services (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| 99Perhour Services (India) Private Limited CIN U74900TG2015PTC100258 | Active | 13 Aug 2015 | Hyderabad, Telangana | ₹0.1 Cr | – | 2 | View details |
Funding Insights of 99PerHour
99PerHour has successfully raised a total of $300K through 1 strategic funding round. The most recent funding activity was a Seed round of $300 thousand completed in January 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $300,000
- Total Rounds 1
- Last Round Seed — $300,000
- First Round $300,000
(Jan 2017)
All 1 funding rounds of 99PerHour with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2017 | $300,000 | Seed | – | – | – |
Board of directors of 99Perhour Services (India) Private Limited (99PerHour)
99Perhour Services (India) Private Limited is the primary company behind 99PerHour. The board of 99Perhour Services (India) Private Limited currently have 2 directors; the longest-serving is Bhavani Shankar Kaipa, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhavani Shankar Kaipa DIN 07233432 | Director | 13 Aug 2015 | 11 yrs 2 mo | 99Perhour Services (India) Private Limited |
| Vidhyaa Kaipa DIN 06922369 | Director | 13 Aug 2015 | 11 yrs 2 mo | 99Perhour Services (India) Private Limited |
People of 99PerHour
2 people are tracked at 99PerHour (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Vidya Kaipa | Co-Founder | Leadership |
Complete people profiles for 99PerHour
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of 99PerHour
Figures of 99Perhour Services (India) Private Limited, the primary company behind 99PerHour, for FY 2017. Revenue was ₹12 Lakh (+420% year on year). Net loss was -₹15.3 Lakh (-128% margin). EBITDA was -₹1.8 Lakh (-15% margin).
- ₹12 LakhRevenue · FY 2017 · +420% YoY
- -₹15.3 LakhNet loss · -128% margin
- -₹1.8 LakhEBITDA · -15% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of 99Perhour Services (India) Private Limited are on its company page.
Detailed financial statements for 99PerHour
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of 99PerHour
2 dated milestones of 99PerHour across 2 years, from founding to its latest funding, stage changes and deals.
- Founded 99PerHour is founded.
- Funding First funding round of $300K.
Competitors of 99PerHour
99PerHour has 7 listed competitors in our database, 4 of them funded. They include OneDios, Bro4u, LocalOye, Lookup and FindYahan, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| onedios.com | 2019 | Noida, India | $2.26M | 74 | Local services are facilitated through an online marketplace platform. | |
| bro4u.com | 2014 | Bengaluru, India | $721,518 | 1 | An online marketplace for local services | |
| localoye.com | 2013 | Bengaluru, India | $5.21M | – | Hosts a digital marketplace for multiple local services. | |
| lookup.to | 2014 | India | $2.88M | – | Online marketplace for multiple local services | |
| findyahan.com | 2013 | Delhi, India | – | – | Local services are searched and booked through an online marketplace. | |
| just-calls.com | 2020 | Ahmedabad, India | – | – | Provides an app-based platform for booking various local services. | |
| mydude.co.in | 2020 | Erode, India | – | – | Offers an app-based platform for accessing multiple local services. |
Detailed competitors of 99PerHour
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Local & Community Services
10 companies that operate in the same segment as 99PerHour (Local & Community Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 2,111 | |
App-based pet sitting marketplace | 2011 | Olympia, Washington, United States | USD 409.19 M | – | – | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | – | 969 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | – | 1,807 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | – | 923 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Operates and franchises fitness clubs | 2002 | – | USD 4.49 M | – | 340 | |
Online marketplace that provides home repair & maintenance services | 2012 | New York, New York, United States | USD 112.67 M | – | – |
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Frequently Asked Questions about 99PerHour
99PerHour was founded in 2015 and raised its 1st funding round 2 years after it was founded.
99PerHour is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
99PerHour is a funded company, having raised a total of $300K across 1 funding round to date. The company's 1st funding round was a Seed of $300K, raised on Jan 2017.
The primary company behind 99PerHour, 99Perhour Services (India) Private Limited, reported revenue of ₹12 Lakh for FY 2017, up 420% year on year.
99PerHour, founded in 2015 in Hyderabad, India, focuses on providing essential services, local services, on-demand services, and flat rate offerings. Provides local services on a flat rate basis for consumers. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
99PerHour operates through 99Perhour Services (India) Private Limited.
The legal entities of 99PerHour currently have 2 directors, including Bhavani Shankar Kaipa, Vidhyaa Kaipa.