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Timesaverz secures seed funding from GSF’s Rajesh Sawhney & others

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Home services marketplace Timesaverz.com has secured seed funding from a group of angel investors led by angel investor Neville Taraporewalla and GSF Accelerator founder Rajesh Sawhney.

Other angel investors include eTailing India founder Ashish Jhalani, ex-Digital Business Head at Sony Entertainment Nitesh Kripalani, Indiamart founder Dinesh Agarwal and Saffronart COO Nish Bhutani. It’s worth noting that Timesaverz was part of GSF Accelerator’s Batch 2 which graduated in August 2013.

Timesaverz co-founder Devdutta Upadhyaya told Medianama that the funds will be used to expand to other metro cities like Bangalore, Delhi and Hyderabad (though not necessarily in that order). The company is currently operational in Mumbai and Pune.

Timesaverz enables consumers hire people for household chores like pest control, car cleaning, sofa cleaning, bill payment, house cleaning, baby sitting, plumbing services and running personal errands among others.

Users can search or select the type of service they need along with date, time and location. Following this, the site shows the service pricing depending on the chosen service, which they can either pay before or after the job is done.

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Upadhyaya claims to currently have over 500 service partners onboard and sold over 2,500 services since its launch in April 2013. She also added that 33% of its customers are repeat customers.  The company also plans to launch mobile apps by the end of this year and change into a mobile-first platform in the future.

Timesaverz for Business: Timesaverz also has a business offering wherein companies can enable employees book services under a corporate scheme. Its clients include Aidem Ventures, Vserv, Vdopia and Bonzai among others.

While we are not familiar of any similar venture in India, TaskRabbit does something similar in the United States.

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