iService

Bengaluru, India Founded: 2011 • Age: 15 yrs Acquired By Servify
Repair services for Apple products are offered by iService.

About iService

iService is a Business Services company based in Bengaluru (India) founded in 2011 by Anil Kumar Chowdhary, and was acquired by Servify in January 2019. Repair services for Apple products are offered by iService. It operates on a Professional Services model. iService has raised $439.92 thousand across 1 funding round from investors including Blume Ventures, Vijay Sharma and Aprameya Radhakrishna. The company has 4 employees. Its Indian entity Servicemonk Technologies Private Limited reported revenue of β‚Ή9.2 Lakh. iService offers products and services including Apple Device Repair. Its focus areas include Technology, Consumer Electronics and Repair Services. Its competitors include JustLikeNew, SSP Advantage and Seva Services; 2 of its 3 listed competitors have raised funding.

Company details

Repair and maintenance services for Apple devices, including iPhone, iMac, MacBook, and iPod, are provided by iService. Focus is placed on consumer electronics repair within the technology sector. Solutions for device functionality restoration are delivered to customers.

Key Metrics
  • Annual Revenue
    ₹9.2 Lakh

    FY 2025 · -25% YoY

  • Net Loss
    -₹11.5 Lakh

    FY 2025 · -126% margin

  • EBITDA
    -₹7.6 Lakh

    FY 2025 · -83% margin

  • Total Equity Funding
    $439.92K (USD)

    in 1 rounds

  • Latest Funding Round
    $439.92K (USD), Seed

    Jan 2017

  • Investors
  • Employee Count
    4
  • Acquired by
    Servify

    (Jan 2019)

Products & Services of iService

iService offers a comprehensive portfolio of products and services, including Apple Device Repair.

Apple Device Repair
Repair Services

Repair services for Apple devices are provided expertly.

Funding Insights of iService

iService has successfully raised a total of $439.92K through 1 strategic funding round. The most recent funding activity was a Seed round of $439.92 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 $439,922
  • Total Rounds 1
  • Last Round Seed β€” $439,922
  • First Round $439,922

    (Jan 2017)

  • Investors Count 6

All 1 funding rounds of iService with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2017$439,922Seed–Blume Ventures
Valuation history

7 investors in total: 2 institutional and 5 angel.

Investors in iService

iService has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Blume Ventures, Vijay Sharma and Aprameya Radhakrishna.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Seed and early-stage investments are made across sectors in India.
blume.vcMumbai, India

Vijay Sharma

Founder of Paytm, leading Indian fintech innovator and active angel investor
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Aprameya Radhakrishna

unknown_046b0bd543c04d828

Ankur Singla

Founder of Akasa Air, angel investor in Indian startups
unknown_cbfaf78418f44244a

Mekin Maheshwari

Ex-CTO Flipkart, angel investor, founder of Udhyam Learning Foundation
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Girish Mathrubootham

Founder & CEO of Freshworks, prominent angel investor in Indian startups
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Servify is recognized as a product lifecycle management platform.
servify.inMumbai, India
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Investor details for iService

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Servicemonk Technologies Private Limited (iService)

Servicemonk Technologies Private Limited is the primary company behind iService. The board of Servicemonk Technologies Private Limited currently have 2 directors; the longest-serving is Anil Kumar Chowdhary, appointed in 2014. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anil Kumar Chowdhary
DIN 06980643
Director24 Oct 201411 yrs 11 moServicemonk Technologies Private Limited
Sneha Chowdhary
DIN 08284207
Director21 Nov 20187 yrs 11 moServicemonk Technologies Private Limited

People of iService

2 people are tracked at iService (2 in leadership); the tracked headcount is 4.

NameRoleGroup
Co-FounderLeadership
Vijay Sharma
Leadership
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Financials of iService

Figures of Servicemonk Technologies Private Limited, the primary company behind iService, for FY 2025. Revenue was ₹9.2 Lakh (-25% year on year). Net loss was -₹11.5 Lakh (-126% margin). EBITDA was -₹7.6 Lakh (-83% margin). Revenue has grown at a compounded annual rate of -37% over three years and -49% over five years.

  • ₹9.2 LakhRevenue · FY 2025 · -25% YoY
  • -₹11.5 LakhNet loss · -126% margin
  • -₹7.6 LakhEBITDA · -83% margin
  • ₹1 LakhPaid-up capital
  • 4Employees (provident fund records)
  • -37%Revenue CAGR, 3 years
  • -49%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Servicemonk Technologies Private Limited are on its company page.

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Detailed financial statements for iService

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

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Timeline of iService

3 dated milestones of iService across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded iService is founded.
  2. Funding First funding round of $440K.
  3. Exit Acquired by Servify.

Competitors of iService

iService has 3 listed competitors in our database, 2 of them funded. They include JustLikeNew, SSP Advantage and Seva Services.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
justlikenew.in2014Hyderabad, India$842,5891
Provides online repair services for smartphones and tablets.
sspadvantage.com2012Mumbai, India$2.39M5
Smartphone after-sales repair, insurance, and warranty services are provided.
sevaservices.com2010Jaipur, India
Mobile repair services are delivered via an app-based platform.
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Detailed competitors of iService

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of iService

The website of iService (iservice.co.in) receives about 2.1K visits a month.

  • Monthly visits
    2.1K

    ▲ 10.5% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
doc-gadget.com
doc-gadget.com
100%
–
iservice.truelife.com
iservice.truelife.com
98%
–
locate.apple.com
locate.apple.com
98%
–
facebook.com
87%
12.1B#3View details
9282922.ru
9282922.ru
60%
#2,322,417–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 13 similar websites and full traffic analytics for iService

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 13 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Local & Community Services

3 companies that operate in the same segment as iService (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 Iservice

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Complete news archive for iService

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Frequently Asked Questions about iService

iService was founded in 2011 and raised its 1st funding round 6 years after it was founded.

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

iService is a funded company, having raised a total of $439.92K across 1 funding round to date. The company's 1st funding round was a Seed of $439.92K, raised on Jan 2017.

iService has 4 employees.

The primary company behind iService, Servicemonk Technologies Private Limited, reported revenue of β‚Ή9.2 Lakh for FY 2025, down 25% year on year.

Repair and maintenance services for Apple devices, including iPhone, iMac, MacBook, and iPod, are provided by iService. Focus is placed on consumer electronics repair within the technology sector. Solutions for device functionality restoration are delivered to customers.

iService's top competitors include Seva Services, SSP Advantage and JustLikeNew.

iService offers Apple Device Repair.

iService has 7 investors. Key investors include Blume Ventures, Vijay Sharma, Aprameya Radhakrishna, Ankur Singla, and Mekin Maheshwari.

iService operates through Servicemonk Technologies Private Limited.

Yes. iService was acquired by Servify in January 2019.

The legal entities of iService currently have 2 directors, including Anil Kumar Chowdhary, Sneha Chowdhary.

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