Housejoy, an Indian home services market place, has raised $22.4 million in a series B round of funding led by Amazon. Other investors include Vertex Ventures, Ru-Net Technology Partners and Qualcomm. Existing investor Matrix Partners also participated in the round.
This investment follows on a Series A funding round in June 2015 when the company raised $4 million from Matrix Partners.
The funds will be used to improve its technology and categories, for strategic acquisitions, partnerships and hiring. Housejoy will also plans to expand to another 10 cities and have 50,000 service providers on the platform. As of now the company claims to have over 10,000 service providers across 11 cities.
Housejoy currently lists services like plumbing, electrical, home cleaning, beauty, computer repair, fitness, drivers, pest control, laundry, carpentry, appliances and painting. Users can pick and book the service online, while the payments are made directly to the worker after the work is done. The company provides a 7-day work re-do guarantee in case of problems, and also offers insurance of up to Rs 10,000 for damage caused by provider error. The services are available over the web and it’s Android app.
Earlier this month, Housejoy tied up with background verification firm BetterPlace for address verification, identification and criminal/court checks of HouseJoy’s service providers. The companies had implemented this partnership in Bangalore initially, and eventually expanded to the other 10 cities.
In September, Housejoy appointed Saran Chatterjee as its CEO. Chatterjee, who resigned after being Flipkart’s VP of products for 3 years in June, would help Housejoy’s services and cities expansion, with a focus on consumer experience.
Interestingly, in March, Amazon launched a new online marketplace for users to book plumbers, electricians and other household professionals in the US. The service dubbed ‘Amazon home service’ would offer 700 services from licensed professionals at launch and is focused around big cities like San Francisco, New York and Seattle.