Hybrid On-Demand Home Cleaning and Laundry Player SBricks has acquired Melway for an undisclosed amount. Melway is a player in Facility Management and hands-on services space.
The acquisition will bring in 200 home cleaning professionals to SBricks fold, along with brand equity and clientele portfolio.
Nithin Reddy, Founder and CEO of SBricks,said, “Melway adds tremendous synergy to our growth plans in home cleaning services business that is growing at a rapid pace. We are currently clocking 125 orders per day and expect to touch the 300 orders per day mark in the next few months. Now, we also have access to 6000 services touch points that Melway brings to our table.”
Founded in 2015, SBricks will retain the 4 year old Melway trade name and says its existing team structure will remain intact.
The boot strapped startup is upbeat about its consumer services growth as well. At this moment SBricks boast a client roster of 5000+ which is expected to touch 10000 in the next 6 months.
The immediate focus of the company is to grow with their current territories in Hyderabad and then expand.The company has expanded to five cities since going live in April 2015 in Hyderabad.