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Hyper local marketplace for Lifestyle services FindYahan raises funding from The Phoenix Fund

Delhi-based
FindYahan, a hyper local marketplace for services, has raised an undisclosed
amount of funding from The Phoenix Fund. A
ccording to a
e27 report, the investment will be used to grow the team and strengthen
operations and technology.

Delhi-based
FindYahan, a hyper local marketplace for services, has raised an undisclosed
amount of funding from The Phoenix Fund. A
ccording to a
e27 report, the investment will be used to grow the team and strengthen
operations and technology.

Founded in 2013
by Rachit Mathur and Snehil Khanor, FindYahan is a location-based discovery
platform that connects skilled individuals and home businesses to their target
customers. It currently operates in Delhi/NCR and has over 1,00,000 users and
over 4,000 supplies.

The company had
earlier raised a seed round led by Karan Bajwa (MD Microsoft India), Sunjay
Kapur (MD Sona Koyo Steering), Amanpreet Bajaj (India Head Airbnb) and Parvesh
Kumar (MD Helios Packaging).

The platform
asks the users to fill out the ‘Request a Service’ form and within hours it
introduces the user to experts who can fulfill the requirements. It is then
shared with the service providers without the contact information of the
customer. Only those service providers who fit the requirements and buy the
lead are able to contact the user, thus preventing unnecessary calls.

Recently, this sector
has been attracting a lot of interest from investors. Mumbai-based home
services startup TaskBob
raised seed capital from venture capital firm Orios Venture Partners and
early-stage venture capital firm Mayfield.

Delhi-based UrbanClap
raised Rs. 10 crores in funding from SAIF Partners, Accel Partners and the
founders of Snapdeal, Kunal Bahl and Rohit Bansal.
LocalOye
, a marketplace for hiring local service providers, has also raised
$5 million in Series A funding from Tiger Global and Lightspeed.

 

 

 

 

 

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