Retail

BookMyBai.com raises pre-series A Round from Japan-based fund


AHMEDABAD: Domestic help provider BookMyBai.com has raised an undisclosed amount of money in its pre-series A round from ARUN Seed, a Japan based social venture fund, besides from other Japanese angel investors.

Founded three years back, BookMyBai.com is an online platform through which households can hire a permanent domestic help.

The online platform serves categories such as cleaners, cooks, babysitters and senior citizen caretakers. The portal operates out of five cities, Mumbai, Pune, Bangalore, Kolkata and Ahmedabad. With the money raised, the company plans to increase market share in these cities as well as launch operations in Hyderabad and Delhi.

“We are also planning to launch a multi-lingual app for the workers through which the workers can look for a job in real-time” said Anupam Sinhal, cofounder, BookMyBai.com.

“They have been able to impact the lives of thousands of marginalised women who are now earning enough money to support families. We see this as an opportunity to be able to support a startup which is not only sustainable but also has a large social impact amongst the rural households” said Satoko Kono, President, ARUN LLC.

BookMyBai.com had earlier raised Rs 1 crore in 2015 from Hyderabad-based 50K Ventures. As per sources, the startup is also in talks with few India based venture capital funds to raise another $2 million. However, the startup declined to comment on this.





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