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  5. SL026424
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Home Services Marketplace Raising Initial Funds In Margao

Listing ID: SL026424
Posted By: Owner
Last Active: 3 days ago
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About Business

The company operates a hyperlocal, tech-driven home services marketplace that connects customers with verified local service professionals, including electricians, plumbers, carpenters, AC technicians, and beauticians. Users can easily discover, request, and book services through a mobile application and an integrated WhatsApp-based automation system.

Operating Model
The platform functions as a managed service aggregator. It does not employ workers directly; instead, it facilitates discovery, coordination, communication, billing, and quality monitoring, while the service providers execute the actual work. The business currently operates in Goa and generates revenue through a commission model.

Product Status
The mobile application has completed testing and is currently under review. The founders plan to launch the platform in December. The app serves as a directory for customers to view available services, and once a booking inquiry is initiated, the rest of the communication and process flow is handled through a WhatsApp bot. The business earns a 10 percent commission on every completed transaction.

Opportunity
The model is scalable, asset-light, and built for rapid expansion across urban and semi-urban markets, supported by strong tech integration and rising demand for organised home services.

Clientele type

The primary clientele includes households, tenants, and small businesses that regularly require electricians, plumbers, carpenters, AC technicians, and beauticians, mainly within the residential and consumer home services segment.

Premises

OWNED

Premise Size: 100 sqm

Market Value (in INR): 40.00 L

Asking Price Includes

The terms of the transaction will be discussed with the potential investors.

Asking Price

INR 5.00 L

Minimum ticket size

INR 1.00 L

Reason

Seed capital needed to expand IFLE in Goa and acquire users/workers

Licenses

No licenses or regulatory permits held currently not applicable at this stage

More Details

The company is led by two final-year IT engineering students from Goa College of Engineering who oversee technology, product development, operations, and service provider onboarding. They bring practical experience in software development, automation, and building scalable digital solutions. The founders currently manage service partner relationships, customer support, and overall platform growth in-house, enabling quick decision-making and efficient execution.

Keywords

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Business Tags

Home Services Marketplace Raising Initial Funds In Margao

₹10 to ₹200 Cr

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