Jeeves Consumer Services

Bengaluru, India Founded: 2007 • Age: 19 yrs Minicorn Acquired By Flipkart
Repair and maintenance services for appliances and electronics are provided.

About Jeeves Consumer Services

Jeeves Consumer Services is a Business Services company based in Bengaluru (India) founded in 2007, and was acquired by Flipkart in June 2014. Repair and maintenance services for appliances and electronics are provided. Jeeves Consumer Services has raised $1.96 million across 2 funding rounds from investors including Flipkart and Seedfund. The company has 103 employees. Jeeves Consumer Services was last valued at $5.64 million in June 2012. Its chief executive, as recorded, is Nipun Sharma. Its website jeeves.co.in draws about 68 thousand monthly visits. Its Indian entity Jeeves Consumer Services Private Limited reported revenue of ₹300 Cr. Its focus areas include Consumer, Local Services, Home Services and Maintenance & Repair. Its competitors include Onsitego, Handyhome and Foxway; 2 of its 3 listed competitors have raised funding.

Company details

Jeeves Consumer Services was founded in 2007 in Bengaluru, India, focusing on after-sales support for consumer electronics and home appliances. Repair, transfer, and maintenance services are offered to individuals and businesses. Extended warranty programs are provided, especially for mobile devices, through collaborations with platforms like Flipkart. Customized solutions are developed to address specific business requirements in the sector.

  • Headquarters Bengaluru, India
  • Employees 103
  • Stage Acquired
  • Sectors
    Business Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website jeeves.co.in
  • Social LinkedIn
  • Acquired by Flipkart (Jun 2014)
  • Legal Name Jeeves Consumer Services Private Limited
  • Date of Incorporation 20 Dec, 2007
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹300 Cr

    FY 2023 · +4% YoY

  • Net Loss
    -₹101 Cr

    FY 2023 · -34% margin

  • EBITDA
    -₹92.97 Cr

    FY 2023 · -31% margin

  • Total Equity Funding
    $1.96M (USD)

    in 2 rounds

  • Latest Funding Round
    $887.24K (USD), Series A

    May 2013

  • Investors
    Flipkart

    & 1 more

  • Employee Count
    103
  • Acquired by
    Flipkart

    (Jun 2014)

Funding Insights of Jeeves Consumer Services

Jeeves Consumer Services has successfully raised a total of $1.96M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $887.24 thousand completed in May 2013. 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 $1.96M
  • Total Rounds 2
  • Last Round Series A — $887,240
  • First Round $1.08M

    (Jun 2012)

  • Investors Count 1

All 2 funding rounds of Jeeves Consumer Services with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2013$887,240Series A–Seedfund
–
Jun 2012$1.08MSeries A$5.64MSeedfund
–
Valuation history
DateValuationStage
Jun 2012$5.64M••••••••

Last known valuation $5.64M (Jun 2012). 2 investors in total: 2 institutional.

Investors in Jeeves Consumer Services

Jeeves Consumer Services has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Flipkart and Seedfund.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital funding and support for Indian startups.
2006seedfund.inMumbai, India
Multi-category consumer products are offered via an online marketplace platform.
2007flipkart.comBengaluru, India
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Investor details for Jeeves Consumer Services

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Board of directors of Jeeves Consumer Services Private Limited (Jeeves Consumer Services)

Jeeves Consumer Services Private Limited is the primary company behind Jeeves Consumer Services. The board of Jeeves Consumer Services Private Limited currently have 3 directors; the longest-serving is Deepak Kumar Agarwal, appointed in 2024. 23 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Deepak Kumar Agarwal
DIN 10757695
Director30 Aug 20242 yrs 1 moJeeves Consumer Services Private Limited
Nitin Bhan
DIN 11368298
Director24 Nov 202511 moJeeves Consumer Services Private Limited
Sudipto Mazumdar
DIN 11362278
Whole-Time Director24 Nov 202511 moJeeves Consumer Services Private Limited

People of Jeeves Consumer Services

3 people are tracked at Jeeves Consumer Services (2 in leadership, 1 in team); the tracked headcount is 103.

NameRoleGroup
Nipun Sharma
CEOLeadership
Dileep Thazhmon
CEO & FounderLeadership
Manjunath Ns
Operations ManagerTeam
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Financials of Jeeves Consumer Services

Figures of Jeeves Consumer Services Private Limited, the primary company behind Jeeves Consumer Services, for FY 2023. Revenue was ₹300 Cr (+4% year on year). Net loss was -₹101 Cr (-34% margin). EBITDA was -₹92.97 Cr (-31% margin). Revenue has grown at a compounded annual rate of +9% over three years and +38% over five years.

  • ₹300 CrRevenue · FY 2023 · +4% YoY
  • -₹101 CrNet loss · -34% margin
  • -₹92.97 CrEBITDA · -31% margin
  • ₹1.17 CrPaid-up capital
  • 103Employees (provident fund records)
  • +9%Revenue CAGR, 3 years
  • +38%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Jeeves Consumer Services Private Limited are on its company page.

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Detailed financial statements for Jeeves Consumer Services

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Timeline of Jeeves Consumer Services

5 dated milestones of Jeeves Consumer Services across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Jeeves Consumer Services is founded.
  2. Funding First funding round of $1.1M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $887K.
  5. Exit Acquired by Flipkart.

Competitors of Jeeves Consumer Services

Jeeves Consumer Services has 3 listed competitors in our database, 2 of them funded. They include Onsitego, Handyhome and Foxway.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
onsitego.com2010Mumbai, India$34.61M611
Extended warranties for electronics are offered via an online platform.
handyhome.in2014Mumbai, India$630,00039
Mobile app to book repair services for electronic appliances
foxway.com2009Bengaluru, India21
Provider of lifecycle management services for tech devices
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Detailed competitors of Jeeves Consumer Services

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Web traffic of Jeeves Consumer Services

The website of Jeeves Consumer Services (jeeves.co.in) receives about 68.5K visits a month.

  • Monthly visits
    68.5K

    ▲ 4.4% vs previous month

Similar websites

Websites whose visitors overlap most with Jeeves Consumer Services. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
tryjeeves.com
100%
160.6K#303,790View details
amazon.in
31%
#48View details
chatgpt.com
chatgpt.com
30%
#6–
flipkart.com
27%
215.3M#127View details

Top companies in Local & Community Services

3 companies that operate in the same segment as Jeeves Consumer Services (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 Jeeves Consumer Services

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Frequently Asked Questions about Jeeves Consumer Services

Jeeves Consumer Services was founded in 2007 and raised its 1st funding round 5 years after it was founded.

Jeeves Consumer Services is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Nipun Sharma is the CEO of Jeeves Consumer Services, as recorded in our data.

Jeeves Consumer Services is a funded company, having raised a total of $1.96M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.08M, raised on Jun 2012.

Jeeves Consumer Services has 103 employees.

The primary company behind Jeeves Consumer Services, Jeeves Consumer Services Private Limited, reported revenue of ₹300 Cr for FY 2023, up 4% year on year.

Jeeves Consumer Services was founded in 2007 in Bengaluru, India, focusing on after-sales support for consumer electronics and home appliances. Repair, transfer, and maintenance services are offered to individuals and businesses. Extended warranty programs are provided, especially for mobile devices, through collaborations with platforms like Flipkart. Customized solutions are developed to address specific business requirements in the sector.

Jeeves Consumer Services's top competitors include Onsitego, Handyhome and Foxway.

Jeeves Consumer Services has 2 investors. Key investors include Flipkart, and Seedfund.

The valuation of Jeeves Consumer Services is $5.64M as of Jun 2012.

Jeeves Consumer Services operates through Jeeves Consumer Services Private Limited.

Yes. Jeeves Consumer Services was acquired by Flipkart in June 2014.

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