About Zimmber
Zimmber is a Business Services company based in Mumbai (India) founded in 2014, and was acquired by Quikr in May 2017. It operates as an online marketplace for multiple home services. Zimmber has raised $7.46 million across 4 funding rounds from investors including Quikr, Omidyar Network and Aarin Capital. The company has 16 employees. Zimmber has completed 2 acquisitions, including Dhulai and FindYahan. Zimmber was last valued at $13.04 million in February 2016. Its Indian entity Rejuvenate Solutions Private Limited reported revenue of ₹1.32 Cr. Its focus areas include Consumer, Local Services, Home Services and Multi-home services. Its competitors include Urban Company, OneDios, Gapoon, Lookup and LocalOye and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Zimmber was founded in 2014 in Mumbai, India, as an online marketplace within the home services sector. Various providers for tasks including painting, cleaning, AC maintenance, electrical work, plumbing, and carpentry are discovered and booked by users through the platform. Online payments are facilitated, and an Android app is available for access. Operations focus on connecting users with local service professionals.
- Headquarters Mumbai, India
- Employees 16
- Stage Minicorn
- SectorsBusiness Services
- Website zimmber.com
- Social LinkedIn X Facebook
- Acquired by Quikr (May 2017)
- Legal Name Rejuvenate Solutions Private Limited
- Date of Incorporation 26 Sep, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.32 Cr
FY 2018 · -84% YoY
- Net Loss-₹4.14 Cr
FY 2018 · -314% margin
- EBITDA-₹3.89 Cr
FY 2018 · -295% margin
- Total Equity Funding$7.46M (USD)
in 4 rounds
- Latest Funding Round$5M (USD), Series A
Feb 2016
- InvestorsQuikr
& 20 more
- Employee Count16
- Investments & AcquisitionsDhulai
& 1 more
- Acquired byQuikr
(May 2017)
Associated legal entities of Zimmber
Zimmber operates through Rejuvenate Solutions Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rejuvenate Solutions Private Limited CIN U74999KA2014PTC109471 | Amalgamated | 26 Sep 2014 | Bangalore, Karnataka | ₹1.3 Cr | 16 | 2 | View details |
Funding Insights of Zimmber
Zimmber has successfully raised a total of $7.46M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in February 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 $7.46M
- Total Rounds 4
- Last Round Series A — $5M
- First Round $63,121
(Dec 2014)
- Investors Count 20
All 4 funding rounds of Zimmber with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2016 | $5M | Series A | $13.04M | Omidyar Network, Chiratae Ventures | |
| Jul 2015 | $2M | Seed | $4.95M | Omidyar Network, Chiratae Ventures | |
| Mar 2015 | $400,000 | Angel Round | – | Naveen Tewari | |
| Dec 2014 | $63,121 | Angel Round | $••••• | Praveen Sinha, Aman Singla |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2016 | $13.04M | •••••••• |
| Jul 2015 | $4.95M | •••••••• |
| Dec 2014 | $••••• | •••••••• |
Full valuation and stage history of Zimmber
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $13.04M (Feb 2016). 21 investors in total: 5 institutional and 16 angel.
Investors in Zimmber
Zimmber has secured backing from 21 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Quikr, Omidyar Network and Aarin Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in technology, digital culture, governance, and business initiatives. | 2004 | omidyar.com | Redwood City, United States | |
Early-stage investment in technology sectors is conducted by Sherpalo Ventures. | – | sherpalo.com | - | |
Venture funding in technology-intensive businesses within healthcare, education, and India-centric markets. | 2012 | aarincapital.com | Bengaluru, India | |
Venture capital fund focused on seed-stage startups | – | chiratae.com | Bengaluru, India | |
Online platform for second-hand listings and peer-to-peer transactions | 2008 | quikr.com | Bengaluru, India | |
AP Avni Prashant Deshpande | - | – | unknown_a2b06eead93e442b9 | - |
AK Abhay Kumar | - | – | unknown_f050e5d2e92e4441a | - |
NA Niru Agarwal | - | – | unknown_79d1c2f93361455bb | - |
PS Piyush Shah | Co-founder of InMobi, angel investor, driving mobile advertising innovation globally. | – | unknown_9a55d1950e4848b3b | - |
AG Amit Gupta | Founder of Asianet News, active angel investor in Indian startups | – | unknown_59628d3d21f946c9a | - |
Investor details for Zimmber
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Board of directors of Rejuvenate Solutions Private Limited (Zimmber)
Rejuvenate Solutions Private Limited is the primary company behind Zimmber. The board of Rejuvenate Solutions Private Limited currently have 2 directors; the longest-serving is Poondi Devarajan Sundar, appointed in 2017. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Poondi Devarajan Sundar DIN 07029209 | Director | 24 Jul 2017 | 9 yrs 2 mo | Rejuvenate Solutions Private Limited |
| Vineet Sehgal DIN 07919100 | Director | 15 Jan 2018 | 8 yrs 9 mo | Rejuvenate Solutions Private Limited |
Financials of Zimmber
Figures of Rejuvenate Solutions Private Limited, the primary company behind Zimmber, for FY 2018. Revenue was ₹1.32 Cr (-84% year on year). Net loss was -₹4.14 Cr (-314% margin). EBITDA was -₹3.89 Cr (-295% margin).
- ₹1.32 CrRevenue · FY 2018 · -84% YoY
- -₹4.14 CrNet loss · -314% margin
- -₹3.89 CrEBITDA · -295% margin
- ₹3.2 LakhPaid-up capital
- 16Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Rejuvenate Solutions Private Limited are on its company page.
Detailed financial statements for Zimmber
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Zimmber
Zimmber has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dhulai and FindYahan.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Local services are searched and booked through an online marketplace. | findyahan.com | Delhi, India | 2013 | Feb 2016 | •••• | |
On-demand laundry and dry cleaning services are offered in Gurugram. | dhulai.co.in | Gurugram, India | 2015 | Jun 2015 | •••• |
Complete acquisition details for Zimmber
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Timeline of Zimmber
7 dated milestones of Zimmber across 3 years, from founding to its latest funding, stage changes and deals.
Competitors of Zimmber
Zimmber has 8 listed competitors in our database, 7 of them funded. They include Urban Company, OneDios, Gapoon, Lookup and LocalOye, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| urbancompany.com | 2014 | Gurugram, India | $376.49M | 1,213 | Customers are connected with vetted professionals for on-demand home services. | |
| onedios.com | 2019 | Noida, India | $2.26M | 74 | Local services are facilitated through an online marketplace platform. | |
| gapoon.com | 2015 | Bengaluru, India | $498,062 | 2 | Multiple home services are booked via an online platform. | |
| lookup.to | 2014 | India | $2.88M | – | Online marketplace for multiple local services | |
| localoye.com | 2013 | Bengaluru, India | $5.21M | – | Hosts a digital marketplace for multiple local services. | |
| inspacco.com | 2019 | Pune, India | $337,368 | 13 | B2B marketplace enables vendor order management and property inspections. | |
| bro4u.com | 2014 | Bengaluru, India | $721,518 | 1 | An online marketplace for local services | |
| findyahan.com | 2013 | Delhi, India | – | – | Local services are searched and booked through an online marketplace. |
Detailed competitors of Zimmber
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Top companies in Local & Community Services
10 companies that operate in the same segment as Zimmber (Local & Community Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 2,111 | |
App-based pet sitting marketplace | 2011 | Olympia, Washington, United States | USD 409.19 M | – | – | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | – | 969 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | – | 1,807 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | – | 923 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Operates and franchises fitness clubs | 2002 | – | USD 4.49 M | – | 340 | |
Online marketplace that provides home repair & maintenance services | 2012 | New York, New York, United States | USD 112.67 M | – | – |
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Related news about Zimmber
Complete news archive for Zimmber
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Frequently Asked Questions about Zimmber
Zimmber was founded in 2014.
Zimmber is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Zimmber is a funded company, having raised a total of $7.46M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $63.12K, raised on Dec 2014.
Zimmber has 16 employees.
The primary company behind Zimmber, Rejuvenate Solutions Private Limited, reported revenue of ₹1.32 Cr for FY 2018, down 84% year on year.
Zimmber was founded in 2014 in Mumbai, India, as an online marketplace within the home services sector. Various providers for tasks including painting, cleaning, AC maintenance, electrical work, plumbing, and carpentry are discovered and booked by users through the platform. Online payments are facilitated, and an Android app is available for access. Operations focus on connecting users with local service professionals.
Zimmber's top competitors include Urban Company, OneDios and Gapoon.
Zimmber has 21 investors. Key investors include Quikr, Omidyar Network, Aarin Capital, Sherpalo Ventures, and Chiratae Ventures.
The valuation of Zimmber is $13.04M as of Feb 2016.
Zimmber operates through Rejuvenate Solutions Private Limited.
Yes. Zimmber was acquired by Quikr in May 2017.