About Handyhome
Handyhome is a company based in Mumbai (India) founded in 2014 was acquired by Urban in January 2016.. Handyhome has raised $630 thousand across 1 funding round from investors including Urban Company, Bessemer Venture Partners and Kae Capital. The company has 23 employees as of April 02, 2024. Handyhome operates in a competitive market with competitors including Onsitego, Foxway, Gadgetwood eServices, eTechies and Repaireasy.in, among others.
- Headquarter Mumbai, India
- Employees 23 as on 02 Apr, 2024
- Stage Minicorn
-
Sectors
Business Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Handy Home Solutions Private Limited
- Date of Incorporation 25 Nov, 2014
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$17.94 M (USD)52.27as on Mar 31, 2023
-
Net Profit
$-1.85 M (USD)-4.17as on Mar 31, 2023
-
EBITDA
$-1.73 M (USD)1.16as on Mar 31, 2023
-
Total Equity Funding
$630 K (USD)
in 1 rounds
-
Latest Funding Round
$630 K (USD), Seed
May 29, 2015
-
Investors
Urban Company
& 3 more
-
Employee Count
23
as on Apr 02, 2024
-
Acquired by
Urban
(Jan 22, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Handyhome
Handyhome has successfully raised a total of $630K through 1 strategic funding round. The most recent funding activity was a Seed round of $630 thousand completed in May 2015. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $630,000
-
First Round
First Round
(29 May 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Seed - Handyhome | Valuation | Kae Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Handyhome
Handyhome has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Urban Company, Bessemer Venture Partners and Kae Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
|
Founded Year | Domain | Location | |
|
Early-stage investing in tech startups in India.
|
Founded Year | Domain | Location | |
|
Early-stage companies are targeted for series-stage venture capital investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Handyhome
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Handyhome
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Handyhome Comparisons
Competitors of Handyhome
Handyhome operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Onsitego, Foxway, Gadgetwood eServices, eTechies and Repaireasy.in, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Extended warranties for electronics are offered via an online platform.
|
|
| domain | founded_year | HQ Location |
Provider of lifecycle management services for tech devices
|
|
| domain | founded_year | HQ Location |
Online mobile & tablet repair service provider
|
|
| domain | founded_year | HQ Location |
Warranties and repairs for mobiles, laptops, and tablets are offered.
|
|
| domain | founded_year | HQ Location |
Electronic repair services for devices are booked online.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Handyhome
When was Handyhome founded?
Handyhome was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Handyhome located?
Handyhome is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Handyhome a funded company?
Handyhome is a funded company, having raised a total of $630K across 1 funding round to date. The company's 1st funding round was a Seed of $630K, raised on May 29, 2015.
How many employees does Handyhome have?
As of Apr 02, 2024, the latest employee count at Handyhome is 23.
What is the annual revenue of Handyhome?
Annual revenue of Handyhome is $17.94M as on Mar 31, 2023.
What does Handyhome do?
Handyhome is a mobile app to book repair services for electronic appliances from branded authorized service centers. Connects customers to brands including LG, Samsung, Godrej, Onida etc. Offers services for TV, A.C, refrigerator, washing machine, gas stove etc. After users book a service for their homekitchen appliance, the request is registered with the brands own service centre and a technician visits the customers house. Customers pay the technician after service while under-warranty appliances get free service. Charges commission from the brand. Clocking 150 service requests everyday as of July 2015. Presence in 500 cities. Acquired by UrbanClap in Jan 2016 in an equity swap deal.
Who are the top competitors of Handyhome?
Handyhome's top competitors include Onsitego, Foxway and Gadgetwood eServices.
Who are Handyhome's investors?
Handyhome has 4 investors. Key investors include Urban Company, Bessemer Venture Partners, Kae Capital, and Kalysta Capital.
What is Handyhome's valuation?
The valuation of Handyhome is $1.84M as of May 2015.