Acquisitions ruled today in India, with three out of our four startups taking their services to new heights by moving in on other companies – sometimes globally. Check out our four picks for today.
Housejoy
Housejoy Founders Arjun Mendu and Sunil Goel with CEO Saran Chatterjee
Founded in January last year by Arjun Mendu and Sunil Goel, Housejoy provides its customers with a number of home upkeep services, including maintenance, home repairs, plumbing, electrical work, house cleaning, and computer repair. The startup also deals with beauty and has in-house bridal makeup specialists.
“Laundry is strategic to Housejoy,” said Saran Chatterjee, Housejoy CEO, in a statement. “The MyWash team is a super smart team and has demonstrated the best operational know-how on how to scale laundry.” The startup is looking to scale to 10,000 laundry orders per day, the statement said.
Housejoy is present in 13 cities in India and has raised US$4 million funding in series A from Matrix Partners and US$22 million in series B funding from Amazon, Vertex Ventures, Qualcomm, and Ru-Technology Partners. MyWash’s core team will join Housejoy and will operate out of Housejoy’s office.
See: Housejoy moves to take its rivals to the cleaners
Zomato
In a sign of commitment toward the delivery aspects of its business, food delivery and reviews site Zomato announced it had acquired a small stake in Philippines-based logistics firm Quick Delivery.
Zomato’s food delivery service kicked off in the Philippines in November because of its partnership with Quick Delivery. Zomato launched in the Philippines in 2013.
Zomato began its online ordering and food delivery services in India in late May. In the past few months, it has expanded that service to 10 cities within India, Dubai, and Abu Dhabi.
Mazkara
Allygrow
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