Sayfix, the Home Services Startups Raises $160K
Sayfix, a home services startup has raised about Rs. 1.1 crore ($160,000) in angel funding, which was spearheaded by YajnanarayanaKammaje, the Managing director of Sona Group Industries, which is based in Bengaluru. The event was also attended by BV Naidu, the Managing Partner at StartupXseed Ventures LLP.
Sayfix is run by RedGenie Technologies Pvt Ltd. which is a Bengaluru based firm. RedGenie stated that the money will be used to expand its technology infrastructure and up-marketing spend.
“The services sector is one of the fastest growing sectors in the Indian economy and as a result, the service-commerce industry is definitely the need of the hour. Today, there is a high requirement of reliable, professional and high-quality handyman services for individuals as well as businesses,’ said Kammaje.
Sayfix took life in June 2015 by Nabin Roy, a National Institute Of Technology, Allahabad alumnus. The startup offers services around home repairs, plumbing, maintenance, cleaning, car care etc. At present the services are available in Bengaluru alone. Sayfix claims that it has worked with about 1000 apartments so far. It expects to branch over to more cities by the end of 2016. It aims to cater to 100,000 clients in the next 12 months.
Sayfix’s current contemporaries include well-funded firms like Housejoy, Urban Clap, Helpi, UrbanPro, Zimmber, LocalOye etc. As this is still and emerging sector, there is still room for the rising of a strong leader.
Over the last couple of year, over 100 home-service firms have cropped up, offering a spectrum of services regarding cleaning, maintenance, handyman jobs, laundry etc.