Home Funding Homigo increases USD 200K in Seed investment

Homigo increases USD 200K in Seed investment

Homigo increases USD 200K in Seed investment

Bangalore primarily based utterly space sharing platform Homigo, that provides running execs with completely provided houses on sharing basis, has raised USD 200K in Seed funding from unnamed individual investors based out of Bangalore and abroad.
With this funding, it plans to make larger in Bengaluru and objectives to succeed in 500 areas.

Homigo was started in July 2015, by the use of Nikunj Batheja (CEO), Jatin Mitruka (COO) and Aakash Verma (CTO) who are IIT Kanpur Alumni. Homigo makes a speciality of bridging the distance amongst pros who are looking for are living-in a position area and housed available on rent in a organised means.

It takes up houses on rent from house owners and turns them into ‘Homigo Houses’ by the use of furnishing them with similar items and residential apparatus. Besides furniture and electronics, the startup moreover takes care of juvenile circle of relatives devices like cutlery, utensils and so forth., and regulate of electrical power, Internet and other services, to make it to hand for folks to move into new homes. It moreover claims to regulate flatmate compatibility.

The startup claims to have won on the subject of 400 pending request on its web site. It plans to succeed in spherical 10,000 areas inside the coming 300 and sixty 5 days spread all through Bangalore, Hyderabad, Pune and Chennai.
The startup is planning to unlock its app in no time and may well be integrating a large number of products and services and merchandise at one place.

Till now, now we’ve got noticed online exact assets segment focussed on assets are seeking for, where consumers got an risk only to seek for homes and apartments. In recent events, the rage of sharing space has rise up in housing and car pooling space.

Homigo competes with Flatchat, Flatmate has rise up which allows consumers to select their roommates first and then the apartments.