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Doormint raises $3 mn from Helion Ventures, Kalaari Capital

Home services provider Doormint on Wednesday said it has raised about USD 3 million (Rs 19.1 crore) from Helion Ventures and Kalaari Capital.

August 05, 2015 / 14:45 IST

Home services provider Doormint on Wednesday said it has raised about USD 3 million (Rs 19.1 crore) from Helion Ventures and Kalaari Capital. Doormint will use the Series A funding to expand its current service network in Mumbai and also establish its presence in Delhi, Gurgaon and Bengaluru in the next three months, it said in a statement. Using Doormint's mobile app and online platform, customers can get services ranging from plumbing to laundry.

"The latest investment comes as a major shot in the arm, enabling us to expand and consolidate our service network in Mumbai while also proliferating in other metro cities," Doormint CEO Abhinav Aggarwal said. He added that the company aims to establish itself as a market leader in the next 6-8 months. "On-demand home services is a fast growing market in urban areas where tech savvy consumers seek time-saving resources to meet their household needs of maintenance and repair," Helion Ventures Partner Ritesh Baglani said.

first published: Aug 5, 2015 02:45 pm

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