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HeyBiz raises seed funding from ShopClues


HeyBiz, a real time shopping assistant app, has raised an undisclosed amount in seed funding from ShopClues. The app will use the funding for improving its product and expanding its market base to other cities including Chandigarh, Amritsar, Ludhiana, Lucknow and Jaipur.

Launched in January 2015, HeyBiz is available on both Android and iOS. It allows users to search for services they need and chat with relevant local businesses without sharing their phone numbers. The company claims that the product or service is then delivered within hours. It currently lists categories like gadgets & gizmos, home services, pet care, travel & rentals, gift suggests, jobs and astrologers.

Zo Rooms tie up: Last month, HeyBiz tied up with Zo Rooms for providing stay option to its users. The company claims that with this move it would be able to provide its users with discounts and deals at Zo Rooms. HeyBiz currently claims to have more than a lakh users, generating 3,000-4,000 queries everyday while growing at a rate of 35% per month.

Neighbourhood market: Interestingly, in August, ShopClues had launched a hyperlocal feature called the Neighbourhood Market on its mobile app, that allows merchants to connect with customers. In contrast to HeyBiz, this app lets localized sellers showcase their products to buyers near them across mobile and web platforms.

Other developments in the hyperlocal space:

– Earlier this week, Paytm acquired the Gurgaon-based services marketplace Near.in for $2 million.

– In October, Quikr launched Quikrservices. It would provide location based results which would include verified listings, service provider call back and info on customer needs to match their requirements.

– The same month, Bangalore based Lookup raised $2.5 million in funding.

– In June, search and discovery platform Xploree, partnered with Groupon India to offer users real time deals on dining, wellness, shopping and travel segments.

– Helpchat acquired mobile-only offers platform Niffler in September. Formerly known as Akosha, the app claimed to have completed 1 million downloads last month. Interestingly, in October, it laid off a 100 employees.

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