Domestic help service provider Bookmybai raises Rs 2 crore led by Inflection Point Ventures

Mumbai-based domestic help service provider Bookmybai has raised Rs 2 crore in a pre-Series A CCPS funding round led by Inflection Point Ventures, a Gurugram-based angel investment firm.

The startup plans to use the raised capital to expand its presence to new locations and bring on 50,000 additional housemaids, strengthening its network and service efficiency.

Bookmybai's offerings

Founded in 2016, the Mumbai-based startup enables families in India and abroad, including cities like Mumbai, Pune, Thane, Bangalore, Hyderabad, the UK, the U.S.A, Singapore, China, and Australia, to easily hire dependable, permanent domestic help for their homes.

It leverages technology to simplify the process of finding trustworthy household staff for long-term needs.

Bookmybai is a tech-enabled service that connects domestic helpers with families in India and internationally.

Who is the founder?

Anupam Singhal is the founder of Bookmybai. He graduated from PES University with a B.Tech and has over 15 years of extensive experience in the HR-tech industry.

“Bookmybai aspires to be the premier choice for those seeking domestic help. Our advanced geo-tagging technology guarantees that employers can find a suitable house help within a 1-kilometer radius of their residence. Furthermore, we are dedicated to empowering 200,000 families by offering them secure and dependable job opportunities in domestic work, thus contributing to their economic upliftment," said Sinhal.

Bookmybai's extensive market presence

Bookmybai claims to have an extensive database of over 200,000 registered housemaids, which serves as a major competitive advantage in the domestic help industry.

The startup believes that the vast network allows the platform to provide families in India and abroad with access to a wide range of reliable, pre-screened candidates.

It aims to strengthen its market presence further and continue delivering seamless, trusted solutions to households across these cities.

“With increasing demands of modern life, families often struggle to juggle their career with managing household responsibilities. By sending trustworthy house help, Bookmybai enables families to focus on other areas of the household. It aligns with IPV belief of supporting those who uplift others. By helping families create a more balanced home, Bookmybai not only allows them to relax and prioritize other areas but also provides steady employment for domestic workers," said Vinay Bansal, Founder & CEO of Inflection Point Ventures.

The industry segment in which Bookmybai operates is currently valued at $8 billion in India and is demonstrating a strong growth trajectory, with a compound annual growth rate (CAGR) of 20%.