Mumbai-based startup Fixy, that provides maintenance services on demand, has raised seed funding round from the members of VentureNursery, India’s only angel-backed start-up accelerator program.
Fixy was founded in Mumbai by Merchant brothers – Tufayl Merchant and Nabeel Merchant. The company aims to capture a significant part of India’s scattered Home Maintenance Service market which is currently valued at a staggering Rs 10,000 crore. It was a part of VentureNursery’s Season 6 Acceleration Program conducted between March and June 2015.
NM Fix Maintenance Services Pvt Ltd, the company behind Fixy, will use the money raised to create a technology infrastructure for residents (customers) and vendors (handymen). By automating its platform, Fixy hopes to scale operations and improve efficiency.
VentureNursery has mentored 19 startups. It counts branded budget hotel chain OYO Rooms, video interview platform Talview, fashion and lifestyle social commerce platform Klip.