With 10,000 Orders Per day, TaskBob Raised $4 million From Ivy Cap Ventures
February 22, 2016: TaskBob, a Mumbai-based Home services provider startup has raised Rs28 crore ($4 million) from Ivy Cap Ventures and existing investors Orios and Mayfield, according to a report in The Economic Times. Taskbob will use this fund to expand into other cities and boost growth.
This is the first investment in the home services space by IvyCap Ventures’.
“What we have done in Mumbai is to understand the backend and creating a playbook. The idea is to replicate this playbook across top four-five cities in one and a half years and reach 10,000 orders per day,” said Aseem Khare, CEO of Taskbob.
“In Mumbai we want to be profitable at the unit level in the next one and a half years,” he added.
Taskbob, which provides pre-screened service persons across a range of home se...