Subscribe to enjoy similar stories. Consumer tech companies are venturing into on-demand home services including kitchen chores, babysitting and even laundry, eyeing a share of the growing urban market for these services. Earlier this month, a new venture by former Zepto executive Snabbit raised $5.5 million from Elevation Capital, Nexus Venture Partners and other investors.
Food and grocery delivery player Swiggy launched Pyng, an app to aggregate fitness trainers, astrologers and financial consultants. Zomato-owned Blinkit is said to be working on building an Urban Company-like offering to make neighbourhood services like plumbers and electricians more accessible to customers. “At Zomato, we run multiple small experiments in which local economies can benefit from technology, which makes products and services more accessible for customers.
Home services is one such experiment where we are exploring whether we can make our neighbourhood services like electricians, plumbers, etc. more accessible to customers," Albinder Dhindsa, chief executive of Blinkit, said in a letter to shareholders in Q4 FY23. Also read | Small restaurants, cloud kitchens heating up competition: Rakesh Ranjan, CEO, Food Delivery, Zomato “We are in the age where everything—food, grocery, clothes, and even electronics—is available to us at the tap of a button.
But it’s difficult to find an on-demand service for simple household tasks like mopping, cleaning dishes and making the bed. That's what we want to solve," Ayush Agarwal, chief executive officer of Snabbit, said. Younger consumers are driving the demand, given high disposable incomes and openness to new services.
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