Mr. Homecare

Mumbai, India Founded: 2014 • Age: 12 yrs Minicorn
On Demand Home Services

About Mr. Homecare

Mr. Homecare is a Business Services company based in Mumbai (India) founded in 2014. On Demand Home Services. Mr. Homecare has raised $932.64 thousand across 3 funding rounds from investors including Toshvin Analytical, T Bhimjyani Realty and Madhav Kapur. The company has 64 employees. Mr. Homecare has completed 1 acquisition, including Hammer and Mop. Mr. Homecare was last valued at $3.86 million in March 2016. Its focus areas include Consumer, Local Services, Multi Services and Own Fleet. Its legal entity in India is Mister Homecare Services Private Limited (U74110MH2015PTC262614). Its competitors include Urban Company, OneDios and Easy Fix; 3 of its 3 listed competitors have raised funding.

Company details

Mr. Homecare was founded in 2014 in Mumbai, India, within the home services sector. On-demand solutions are offered for deep cleaning, pest control, car cleaning, AC servicing, and electrical and plumbing tasks. The parent entity, Sila Group, has handled maintenance for infrastructure projects including Adlabs and Chatrapathi Shivaji Airport. Operations are limited to Mumbai, Pune, and Bangalore as of June 2015.

Key Metrics
  • Net Loss
    -₹4.1 Lakh

    FY 2023 · 0% margin

  • EBITDA
    -₹3.9 Lakh

    FY 2023 · 0% margin

  • Total Equity Funding
    $932.64K (USD)

    in 3 rounds

  • Latest Funding Round
    $184.71K (USD), Seed

    Mar 2016

  • Investors
  • Employee Count
    64
  • Investments & Acquisitions

Funding Insights of Mr. Homecare

Mr. Homecare has successfully raised a total of $932.64K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $184.71 thousand completed in March 2016. 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 $932,635
  • Total Rounds 3
  • Last Round Seed β€” $184,708
  • First Round $156,563

    (May 2015)

  • Investors Count 22

All 3 funding rounds of Mr. Homecare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2016$184,708Seed$3.86MAnand Piramal, Jamshid Pandole
Jul 2015$591,364Seed$3.12MShuchi Kothari
May 2015$156,563Seed$β€’β€’β€’β€’β€’Anand Piramal, Puneet Sehgal
Valuation history
DateValuationStage
Mar 2016$3.86Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2015$3.12Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $3.86M (Mar 2016). 22 investors in total: 4 institutional and 18 angel.

Investors in Mr. Homecare

Mr. Homecare has secured backing from 22 investors, including angel and institutional investors. Prominent investors backing the company include Toshvin Analytical, T Bhimjyani Realty and Madhav Kapur.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Luxury residential and commercial properties are developed in Mumbai.
2011tbhimjyani.comMumbai, India
General interest news on diverse topics is provided to consumers.
indianexpress.comNoida, India
Provision of analytical and laboratory instruments, along with services, in India.
toshvin.comMumbai, India

Madhav Kapur

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Roopika Kapur

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Anand Piramal

Indian businessman, angel investor, and Executive Director at Piramal Group.
unknown_536a59a58d7643a3a

Jamshid Pandole

unknown_ab4ca6e3e39a4fa5a

Sahil Kukreja

unknown_2263c05aa4674208a

Nikhil Jaisinghani

unknown_f00e9f5b2b204101b

Rushabh Vora

Co-founder of SILA, active angel investor in Indian startups
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Investor details for Mr. Homecare

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Board of directors of Mister Homecare Services Private Limited (Mr. Homecare)

Mister Homecare Services Private Limited is the primary company behind Mr. Homecare. The board of Mister Homecare Services Private Limited currently have 2 directors; the longest-serving is Sahil Rajesh Vora, appointed in 2015. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Sahil Rajesh Vora
DIN 02711389
Director11 Mar 201511 yrs 7 moMister Homecare Services Private Limited
Rushabh Rajesh Vora
DIN 02891565
Director11 Mar 201511 yrs 7 moMister Homecare Services Private Limited

Financials of Mr. Homecare

Figures of Mister Homecare Services Private Limited, the primary company behind Mr. Homecare, for FY 2023. Net loss was -₹4.1 Lakh (0% margin). EBITDA was -₹3.9 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.

  • -₹4.1 LakhNet loss · 0% margin
  • -₹3.9 LakhEBITDA · 0% margin
  • ₹1.5 LakhPaid-up capital
  • 64Employees (provident fund records)
  • -100%Revenue CAGR, 3 years
  • -100%Revenue CAGR, 5 years

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

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Investments & Acquisitions by Mr. Homecare

Mr. Homecare has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hammer and Mop.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Professional cleanup services for homes and offices are offered locally.
hammerandmop.comMumbai, India2011Oct 2015β€’β€’β€’β€’
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Timeline of Mr. Homecare

5 dated milestones of Mr. Homecare across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mr. Homecare is founded.
  2. Funding First funding round of $157K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Hammer and Mop.
  5. Funding Latest funding round, Seed, of $185K.

Competitors of Mr. Homecare

Mr. Homecare has 3 listed competitors in our database, 3 of them funded. They include Urban Company, OneDios and Easy Fix.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
urbancompany.com2014Gurugram, India$376.49M1,213
Customers are connected with vetted professionals for on-demand home services.
onedios.com2019Noida, India$2.26M74
Local services are facilitated through an online marketplace platform.
easyfix.in2011Gurugram, India$496,70042
Technology-enabled handyman solutions are provided for home and facility needs.
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Detailed competitors of Mr. Homecare

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Top companies in Local & Community Services

3 companies that operate in the same segment as Mr. Homecare (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 Mr. Homecare

Wassup Ondemand, Mr Homecare in tie-up
Business-Standard β€’ 11 years ago
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Frequently Asked Questions about Mr. Homecare

Mr. Homecare was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Mr. Homecare is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Mr. Homecare is a funded company, having raised a total of $932.64K across 3 funding rounds to date. The company's 1st funding round was a Seed of $156.56K, raised on May 2015.

Mr. Homecare has 64 employees.

Mr. Homecare was founded in 2014 in Mumbai, India, within the home services sector. On-demand solutions are offered for deep cleaning, pest control, car cleaning, AC servicing, and electrical and plumbing tasks. The parent entity, Sila Group, has handled maintenance for infrastructure projects including Adlabs and Chatrapathi Shivaji Airport. Operations are limited to Mumbai, Pune, and Bangalore as of June 2015.

Mr. Homecare's top competitors include Urban Company, OneDios and Easy Fix.

Mr. Homecare has made 1 acquisition, including Hammer and Mop.

Mr. Homecare has 22 investors. Key investors include Toshvin Analytical, T Bhimjyani Realty, Madhav Kapur, Roopika Kapur, and Anand Piramal.

The valuation of Mr. Homecare is $3.86M as of Mar 2016.

Mr. Homecare operates through Mister Homecare Services Private Limited.

The legal entities of Mr. Homecare currently have 2 directors, including Sahil Rajesh Vora, Rushabh Rajesh Vora.

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