HouseJoy

Bengaluru, India Founded: 2014 • Age: 12 yrs Minicorn
Home construction, cleaning, and painting services are provided.

About HouseJoy

HouseJoy is a Business Services company based in Bengaluru (India) founded in 2014 by Sanchit Gaurav. Home construction, cleaning, and painting services are provided. It operates in the Business Services, Real Estate & Construction, and Consumer sectors. 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. HouseJoy has completed 2 acquisitions, including MyWash and Orobind. HouseJoy was last valued at $83.42 million in August 2016. Its chief executive, as recorded, is Sanchit Gaurav. Its Indian entity Sarvaloka Services-On-Call Private Limited reported revenue of β‚Ή14.84 Cr. Its focus areas include Retail, Home Improvements, Services and Horizontal. Its competitors include MordernIndia, NebourHood and Rennovet.

Company details

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.

  • Headquarters Bengaluru, India
  • Employees 1
  • Founders Sanchit Gaurav
  • Stage Minicorn
  • Sectors
    Business Services
    Real Estate & Construction Consumer
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website housejoygroup.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Sarvaloka Services-On-Call Private Limited
  • Date of Incorporation 17 Sep, 2014
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹14.84 Cr

    FY 2020 · -30% YoY

  • Net Loss
    -₹12.13 Cr

    FY 2020 · -82% margin

  • EBITDA
    -₹11.92 Cr

    FY 2020 · -80% margin

  • Total Equity Funding
    $30.98M (USD)

    in 9 rounds

  • Latest Funding Round
    $162.09K (USD), Series B

    Oct 2024

  • Investors
    Amazon

    & 13 more

  • Employee Count
    1
  • Investments & Acquisitions
    MyWash

    & 1 more

Apps and channels of HouseJoy

its YouTube channel Housejoy has 3.48K subscribers and 30 videos.

Housejoy
YouTube 3.48K subscribers 30 videos Howto & Style
Open channel

Videos from HouseJoy

The most watched videos on HouseJoy's YouTube channel, Housejoy (3.48K subscribers). Click a video to play it here.

AT- home beauty service from Housejoy
572.2K views
at- Home beauty service from Housejoy*** 2018
125.7K views
At-home Appliances service Testimonial
90.2K views
Moved into a new home - Get professional Plumbing, Electrical & Carpentry Services at your home
79.8K views

More on Housejoy.

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 $30.98M
  • Total Rounds 9
  • Last Round Series B β€” $162,092
  • First Round $2.49M

    (Nov 2014)

  • Investors Count 14

All 9 funding rounds of HouseJoy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2024$162,092Series B–Sundararaman Ramasamy, Neha Singla
Mar 2024$120,624Series B–Black Marlin Ventures
–
Jan 2024$10,808Series B–Socommerz
–
Oct 2022$48,588Series B–Black Marlin Ventures
–
Dec 2018$3.24MSeries B–Z47, Vertex Ventures
–
Aug 2016$196,011Series B$83.42MBrand Capital
–
Sep 2015$22.92MSeries B$75.05MAmazon
Jul 2015$1.79MSeries A$β€’β€’β€’β€’β€’Z47
–
Nov 2014$2.49MSeries A$β€’β€’β€’β€’β€’Z47
–
Valuation history
DateValuationStage
Aug 2016$83.42Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2015$75.05Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of HouseJoy

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $83.42M (Aug 2016). 14 investors in total: 9 institutional and 5 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investment firm
z47.comBengaluru, India
Venture capital fund focused on multiple sectors
1997vertexventures.sgSingapore, Singapore
Venture capital firm focused on early-stage technology companies
2011rtp.vcNew York, United States
Venture capital investing in technology sectors such as AI and automotive.
2000qualcommventures.comSan Diego, United States
Venture capital investments and partnerships in diverse sectors.
2012saama.vcBengaluru, India
Investments in early-stage startups are made by Brand Capital.
brandcapital.co.inMumbai, India
Multi-category products are offered through an online marketplace.
1994amazon.comSeattle, United States
blackmarlinventures.tcc.mode
Provides tech incubation, AI wrappers, and retail solutions for businesses worldwide.
socommerz.comDubai, United Arab Emirates

Sundararaman Ramasamy

unknown_83c5256f27cf4fe78
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Investor details for HouseJoy

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Board of directors of Sarvaloka Services-On-Call Private Limited (HouseJoy)

Sarvaloka Services-On-Call Private Limited is the primary company behind HouseJoy. The board of Sarvaloka Services-On-Call Private Limited currently have 2 directors; the longest-serving is Ashok Singh, appointed in 2022. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ashok Singh
DIN 08725609
Additional Director21 Jul 20224 yrs 3 moSarvaloka Services-On-Call Private Limited
Sumanta Chowdhury
DIN 10141888
Director01 May 20233 yrs 5 moSarvaloka Services-On-Call Private Limited

People of HouseJoy

1 people are tracked at HouseJoy (1 in leadership); the tracked headcount is 1.

NameRoleGroup
Sanchit Gaurav
Founder & CEOLeadership
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Financials of HouseJoy

Figures of Sarvaloka Services-On-Call Private Limited, the primary company behind HouseJoy, for FY 2020. Revenue was ₹14.84 Cr (-30% year on year). Net loss was -₹12.13 Cr (-82% margin). EBITDA was -₹11.92 Cr (-80% margin). Revenue has grown at a compounded annual rate of -22% over three years and +94% over five years.

  • ₹14.84 CrRevenue · FY 2020 · -30% YoY
  • -₹12.13 CrNet loss · -82% margin
  • -₹11.92 CrEBITDA · -80% margin
  • ₹2.58 CrPaid-up capital
  • 1Employees (provident fund records)
  • -22%Revenue CAGR, 3 years
  • +94%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sarvaloka Services-On-Call Private Limited are on its company page.

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Detailed financial statements for HouseJoy

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Investments & Acquisitions by HouseJoy

HouseJoy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MyWash and Orobind.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Mobile App for Discovery & Booking of Personal Fitness Coach
orobind.comBengaluru, India2014Feb 2016β€’β€’β€’β€’
On-demand online laundry and dry-cleaning services are provided.
mywash.inBengaluru, India2014Feb 2016β€’β€’β€’β€’
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Complete acquisition details for HouseJoy

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Timeline of HouseJoy

6 dated milestones of HouseJoy across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded HouseJoy is founded.
  2. Funding First funding round of $2.5M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires MyWash.
  5. Acquisition Acquires Orobind.
  6. Funding Latest funding round, Series B, of $162K.

Competitors of HouseJoy

HouseJoy has 3 listed competitors in our database. They include MordernIndia, NebourHood and Rennovet.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mordernindia.com2019Vadodara, India
An online platform providing convenient in-house home services.
nebourhood.com2022Bengaluru, India
Functions as a property technology platform connecting managers and service professionals.
rennovet.com2022Mumbai, India
Operates an online platform delivering home improvement services.
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Detailed competitors of HouseJoy

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Verified entity values are shown only after access is granted.

Web traffic of HouseJoy

The website of HouseJoy (housejoygroup.com) receives about 9K visits a month.

  • Monthly visits
    9K

    ▼ 2.2% vs previous month

Similar websites

Websites whose visitors overlap most with HouseJoy. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
google.com
100%
85.8B#1View details

Top companies in Local & Community Services

3 companies that operate in the same segment as HouseJoy (Local & Community Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Customers are connected with vetted professionals for on-demand home services.
2014Gurugram, Haryana, IndiaUSD 376.49 MUSD 165.84 M2,111
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
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Related news about Housejoy

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Complete news archive for HouseJoy

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Frequently Asked Questions about HouseJoy

HouseJoy was founded in 2014.

HouseJoy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Sanchit Gaurav is the CEO of HouseJoy, as recorded in our data. They have also founded this 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 A of $2.49M, raised on Nov 2014.

HouseJoy has 1 employees.

The primary company behind HouseJoy, Sarvaloka Services-On-Call Private Limited, reported revenue of β‚Ή14.84 Cr for FY 2020, down 30% year on year.

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.

HouseJoy's top competitors include MordernIndia, Rennovet and NebourHood.

HouseJoy has made 2 acquisitions, including MyWash, and Orobind.

HouseJoy has 14 investors. Key investors include Amazon, Vertex Ventures SG, Qualcomm Ventures, RTP Global, and Saama Capital.

The valuation of HouseJoy is $83.42M as of Aug 2016.

HouseJoy operates through Sarvaloka Services-On-Call Private Limited.

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