Company Name : Qyk
Funding Amount : $1mn
Investor(s): growx ventures racxn Labs, Powai Lake Ventures, and Sahil Barua (Co-founder, Delhivery). .
Funding Round : Pre-Series A
Qyk, the hyper-local professional services startup in India announced a $1mn pre-series A investment led by growx ventures, an early stage investment firm. Existing seed investors – Tracxn Labs, Powai Lake Ventures, and Sahil Barua (Co-founder, Delhivery) also participated in this round.
Qyk was founded by alumni of IIT Bombay and IIT Kharagpur – Deepak Singhal, Sangharsh Boudhh, Shobhit Singhal, and Anubhav Sahoo, who previously worked with companies like Ola, Inmobi, Practo and Deutsche Bank.
Qyk helps customers find the best, verified service providers for over 100 categories of professionals – from piano teachers to tax consultants through photographers and dietitians, in the quickest time possible. Qyk also enables freelancers and professionals to grow their business by reaching out to new and interested customers. The app uses algorithms to intelligently match demand and supply based on parameters like specific requirements, location, availability, budget, etc.