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Online home services provider Housejoy has raised Rs 150 crore in series B funding round led by Amazon.
Vertex Ventures, Qualcomm and Ru-Net Technology Partners and existing investors Matrix Partners India also participated in the round.
The funds will be used to grow and innovate the category with better enhanced technology to be used to help solve deep operational issues; strategic acquisitions, partnerships and to build the team.
The company aims to be present in more than 10 cities and have 50,000 service providers on the platform to serve 100,000 jobs per day.
Saran Chatterjee, CEO at Housejoy, said, “This is a significant milestone for Housejoy in its journey to become the most trusted home services brand in India. This round is a great validation of our growth, team strength and ability to execute in these short 9 months. We will be build out our team aggressively and are open to partner with companies in the ecosystem to deliver customer delight”
"Housejoy seeks to provide customers with a differentiated experience in shopping for home services. This aligns with our mission in India - to transform the way India buys and sells. We are excited to back the housejoy team that shares our obsession for inventing on behalf of customers with a long term focus” said Amit Agarwal, Vice President and Country Manager, Amazon India."
Launched this January, Housejoy has been growing at a rapid pace on a month-on-month basis and is currently fulfilling more than 4000 orders a day. They have partnered with more than 10,000 service providers across eleven cities on its platform, and have expanded to Chandigarh this month.
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