Kolkata-based home services startup Frapperz has reportedly received commitment of additional $400,000 investment from its existing investors.
The existing investors include the co-founders, and Australian healthcare entrepreneur Shiva Gunapu and Hyderabad-based high net worth individual Sirish Tarumani.
Frapperz was founded by husband-wife couple – Jyotirmay Kanthal, and Rimjhim Ray. They have a team of ex-corporates, IIT alumni, and some dropouts from Imperial College of London in October 2015.
Frapperz is an app-based platform focused on simplifying the process of setting up and managing a home. It integrates services, resources, and tools to help you set up or enhance the warm, comfortable home that defines you.
On the launch, the co-founder couple said
We had stayed and set up homes in various parts of the world; London, Belfast, Switzerland, Kenya, Finland to name a few. Every place has its unique set of challenges when you are trying to set up a home and settle down. But we could generally abstract the problems to a few basic learnings which we have used in Frapperz
Adding to that, they said:
We want Frapperz to be the warmest way to set up your home. It is the kind of a platform where you walk in, discover ideas, share fun moments and have a cup of coffee while we get your home done. This is the kind of culture we want to build around Frapperz
It uses an intuitive data-driven approach to map projects and professionals minimizing time, effort and risk factors in every home improvement initiative. On the platform, you can create, manage and track your home improvements as projects with all conversations, issues, cost, payments and project media such as image, information, video in one place.
At present, the company claims to have over 250 professionals on its platform. They are onboarding about 20 new verified professionals every month. The company recently launched Frapperz Lounge which is a geo-tagged online community that allows users to browse through curated offerings, catalogs, content from professionals and also allows for video consultation with experts.
The company is expected to use the upcoming funds to strengthen its technology backbone and expand its business in other cities.
The company is targeting to compete with the existing ventures in the similar segment such as UrbanClap, Housejoy, Helpi, and Timesaverz. UrbanClap has also recently raised fund from Trifecta Capital.