Company Name : Rejuvenate Solutions/Zimmber
Funding Amount : Rs 12.8 Crore
Investor(s) IDG Ventures India, Omidyar Network, Sherpalo Ventures, Mohandas Pai
Funding Round : Not Disclosed
Mumbai based Rejuvenate solutions has raised Rs 12.8 crore from investors IDG Ventures India, Omidyar Network, Sherpalo Ventures and Mohandas Pai.
Rejuvenate owns Zimmber, a hyperlocal service startup that offers users the chance to find handymen for work. This news comes after Zimmber raised Rs 2.5 crore from InMobi’s core founding team last month.
Anubhab Goel, CEO of Zimmber, said that he plans on using the injection to make hire senior level staff to further build on their product and expand into newer markets and categories.
Since its founding in 2014, Zimmber has about 400 people providing services in 9 categories in Mumbai, Pune and Gurgaon. It hopes to expand this to 20 categories across
Founded in 2014, Zimmber has about 400 people providing services across nine categories. It expects to expand to 20 categories and 37 cities by March 2016.