About HouseJoy
HouseJoy is a company based in Bengaluru (India) founded in 2014 by Sanchit Gaurav.. HouseJoy has raised $30.98 million across 9 funding rounds from investors including Amazon, Vertex Ventures SG and Qualcomm Ventures. The company has 1 employees as of April 06, 2024. HouseJoy has completed 2 acquisitions, including MyWash and Orobind. HouseJoy operates in a competitive market with competitors including MordernIndia, NebourHood, Rennovet, Home Rejoice and Renovation Wale, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 06 Apr, 2024
- Founders Sanchit Gaurav
- Stage Minicorn
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Sectors
Business ServicesReal Estate & Construction Consumer
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Email
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Phone
*********
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Website
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Social
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- Legal Name Sarvaloka Services-On-Call Private Limited
- Date of Incorporation 17 Sep, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.03 M (USD)-29.23as on Mar 31, 2020
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Net Profit
$-1.66 M (USD)38.61as on Mar 31, 2020
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EBITDA
$-1.57 M (USD)38.86as on Mar 31, 2020
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Total Equity Funding
$30.98 M (USD)
in 9 rounds
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Latest Funding Round
$162.09 K (USD), Series B
Oct 17, 2024
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Investors
Amazon
& 13 more
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Employee Count
1
as on Apr 06, 2024
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Investments & Acquisitions
MyWash
& 1 more
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Funding Insights of HouseJoy
HouseJoy has successfully raised a total of $30.98M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $162.09 thousand completed in October 2024. 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 9
- Last Round Series B — $162,092
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First Round
First Round
(20 Nov 2014)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series B - HouseJoy | Valuation | Sundararaman Ramasamy , Neha Singla | |
| Mar, 2024 | Amount | Series B - HouseJoy | Valuation | Black Marlin Ventures |
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| Jan, 2024 | Amount | Series B - HouseJoy | Valuation | Socommerz |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HouseJoy
HouseJoy has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amazon, Vertex Ventures SG and Qualcomm Ventures. 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 |
|---|---|---|---|---|
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage technology companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HouseJoy
HouseJoy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MyWash and Orobind. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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On-demand online laundry and dry-cleaning services are provided.
|
2014 | ||||
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Mobile App for Discovery & Booking of Personal Fitness Coach
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HouseJoy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Housejoy Comparisons
Competitors of HouseJoy
HouseJoy 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 MordernIndia, NebourHood, Rennovet, Home Rejoice and Renovation Wale, 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 |
An online platform providing convenient in-house home services.
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| domain | founded_year | HQ Location |
Functions as a property technology platform connecting managers and service professionals.
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| domain | founded_year | HQ Location |
Operates an online platform delivering home improvement services.
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| domain | founded_year | HQ Location |
Wholesale trader of UPVC products and jacuzzi bathtubs for home improvement.
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| domain | founded_year | HQ Location |
An online platform offering home renovation services to simplify planning and execution for homeowners.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Housejoy
Frequently Asked Questions about HouseJoy
When was HouseJoy founded?
HouseJoy was founded in 2014.
Where is HouseJoy located?
HouseJoy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of HouseJoy?
Sanchit Gaurav is the current CEO of HouseJoy. They have also founded this company.
Is HouseJoy a funded company?
HouseJoy is a funded company, having raised a total of $30.98M across 9 funding rounds to date. The company's 1st funding round was a Series B of $10.81K, raised on Nov 20, 2014.
How many employees does HouseJoy have?
As of Apr 06, 2024, the latest employee count at HouseJoy is 1.
What is the annual revenue of HouseJoy?
Annual revenue of HouseJoy is $2.03M as on Mar 31, 2020.
What does HouseJoy do?
HouseJoy was established in 2014 in Bengaluru, India, with Sanchit Gaurav serving as founder and CEO. Operations are centered on the home services sector, where construction, cleaning, and painting needs are addressed for residential clients. The domain housejoygroup.com facilitates access to these offerings, primarily within urban areas of India. Focus is placed on practical solutions for household maintenance and improvements.
Who are the top competitors of HouseJoy?
HouseJoy's top competitors include Hombuilt, Home Rejoice and Renovation Wale.
How many acquisitions has HouseJoy made?
Who are HouseJoy's investors?
HouseJoy has 14 investors. Key investors include Amazon, Vertex Ventures SG, Qualcomm Ventures, RTP Global, and Saama Capital.
What is HouseJoy's valuation?
The valuation of HouseJoy is $83.42M as of Aug 2016.