Bookmybai, a leading domestic help service provider, announced it has raised Rs 2 crore in a pre-Series A funding round. The round was led by Inflection Point Ventures (IPV), with the funds aimed at expanding services to new cities and bringing on 50,000 more housemaids. This funding will further strengthen Bookmybai’s network and enhance its service efficiency, according to the company’s press release.
Supporting Modern Families
Vinay Bansal, Founder and CEO of IPV, emphasized the growing need for reliable household help in today’s fast-paced world. “Modern families often find it hard to balance work and home responsibilities. Bookmybai offers a trusted solution by sending dependable housemaids, helping families manage their homes more efficiently,” Bansal said. He also highlighted the positive impact on domestic workers, offering them steady employment and financial security.
Expanding Across Cities
Founded in 2016 and headquartered in Mumbai, Bookmybai has grown into a trusted platform for families looking for permanent domestic help. The platform connects households with reliable, long-term staff in cities like Mumbai, Pune, Bangalore, Hyderabad, and internationally in countries like the United States, Singapore, China, and Australia. With technology at its core, Bookmybai simplifies the process of hiring trustworthy domestic help both in India and abroad.
Bookmybai’s Competitive Edge
A key factor in Bookmybai’s success is its vast database of over 200,000 registered housemaids. This extensive network provides families with access to a wide range of pre-screened and reliable candidates, setting Bookmybai apart from its competitors. The platform’s large pool of available workers allows them to quickly meet the growing demand for trusted domestic help.
Advanced Technology
Bookmybai leverages advanced geo-tagging technology, which helps employers find housemaids within a 1-kilometer radius of their home. According to Anupam Sinhal, Founder of Bookmybai, the platform is focused on empowering both families and workers. “We aim to provide families with trustworthy household staff while offering secure jobs to domestic workers, contributing to their financial upliftment,” Sinhal said.
A Growing Industry
The domestic help market in India is currently valued at USD 8 billion, with a compound annual growth rate (CAGR) of 20%. This rapid growth indicates a strong demand for services like Bookmybai, offering significant opportunities for expansion and innovation in the sector.
