By K Ashwin Mobile: 09920183006 Email:email@example.com
Lifeasy, India’s leading On-Demand home services app, is now a cash positive organization- the first in the On-Demand Home Services Industry.
Speaking on the development, Rakesh Gupta, Co-Founder Lifeasy, said, “In a span of 2 years, Lifeasy has endeared itself to its users and subscribers. We have gathered our learnings from every single one of the 30,000+ services & deliveries that we have done so far. We are sure that our consumers will continue to place their faith in us and that Lifeasy will go ahead full steam with the varied offerings & plans that we will have in the coming future”.
Lifeasy is about making people’s life easy by letting them worry- one thing less at a time. With services ranging from cleaning to repairing to painting and others, Lifeasy is not a marketplace or an aggregator in a category crowded by the likes of UrbanClap or Housejoy. Only two years old, Lifeasy is a bootstrapped between its Founders. While FY 2016- ‘17saw 4000 completed orders, FY 2017-18 saw over 25,000 and a revenue stream of Rs. 3.25 Crores.
The current basket from Lifeasy works across 200 types in 18 categories. The variety ranges from repairing leaking taps to old furniture. From fixing electrical issues to appliance repair, home painting & cleaning services, personal care services and much more. Currently serving in the Delhi-NCR region (Delhi, Noida Greater Noida, Gurgaon, Ghaziabad & Faridabad), Lifeasy is a bootstrapped operation- having started with only Rs. 1.25 Cr. and will eventually move in to raise funds to accelerate its growth path. The expansion plans include expanding into the Bengaluru & Mumbai spaces after the Delhi-NCR market and expand its basket of services, so that Lifeasy becomes the partner of choice for any service at any home.
With a target of reaching the Rs. 50 Cr revenue mark by Q1-2020, Lifeasy plans to scale up with a daily service execution of 500-600 per day in the immediate future and going to 1500 services per day with the addition of the new cities- having services over 30,000 customers already in FY 2017-18 (inward revenue of Rs.3.25 Cr). Read more