Funding

Homigo raises $200,000 Seed Funding

Homigo Raises Funding
Homigo Raises Funding

Hunting for a place to live with every job/company change is nothing less than a nightmare for working professional which adds a ton of extra pain in terms of time, energy and budget. Startups like Homigo are resulting fruitful in making life of such people a bit easy.

Homigo, an online platform that provides working professionals with fully-furnished houses on sharing basis, has raised $200k in Seed funding.

Homigo

Homigo founded by three IIT Kanpur graduates – Nikunj Batheja (CEO), Jatin Mitruka (COO) and Aakash Verma (CTO) started their operations in July 2015 and within short span of 3 months they have marked their presence.

Homigo provides tenants fully furnished space at an extremely low security deposit and also saves them from brokerage, security deposit. Homigo takes up houses on rent from owners and turns them into ‘Homigo Houses’ by furnishing, providing electrical appliances, household objects like cutlery, utensils etc., and services like electricity, Internet and others, to make it convenient for people.

“We are choosy when it comes to selecting houses. If you see our current houses you will notice a lot of good societies where there all the amenities like gym, pool and a well-maintained club house. Most of the upcoming Homigo houses that you will see will be in societies where bachelors find it difficult to get a house. All in all, Homigo is not just a company, it’s a solution; a solution for owners as well as tenants,” says Nikunj (CEO, Homigo)

The company plans to reach around 10,000 areas in the coming one year spread across Bangalore, Hyderabad, Pune and Chennai, including 500 only in Bengaluru by this funding.

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