Home Services Startup COOX Raises $125K Seed Funding
28-October-2024
India’s leading platform for booking home services, COOX, has raised $125 K in a Seed Series Round led by Inflection Point Ventures. It aims to deploy the funds for city expansion, doubling its current footprint to 40 cities, while increasing marketing activities and integrating AI to fortify its technology and streamline operations.
COOX provides home services like professional chefs, domestic cooks, bartenders, waiters, cleaners, appliance rentals, crockery rentals, ingredients delivery, event decoration, and live singers for occasions like house parties, weddings, corporate events, and more.
Since 2019, it has served over 5 lakh customers, offering a range of 15+ cuisines and 500+ dishes from Indian to Continental. With 3,000+ trained professionals, COOX aims to modernize home services via technology and create jobs for gig workers in the hospitality and events sector.
Akshat Gupta, Co-Founder & CEO, holds an MBA from IMT Hyderabad and brings over 10 years of experience working with both startups and multinational corporations.
Abhishek Gupta, Co-Founder & CMO, is an MBA postgraduate from IMT Ghaziabad with more than 6 years of expertise in marketing and operations with startups and MNCs.
Rajat Johri, Co-Founder & CTO, holds a B. Tech degree from KIET and has over 8 years of technical and leadership experience. Together, they aim to revolutionize the home services industry through technology-driven solutions.
“Managing everyday responsibilities or hosting events often requires external help for smooth management. A service provider like COOX that assists with both day-to-day tasks and event hosting makes life easier, allowing individuals to relax and enjoy their time,” says Vinay Bansal, Founder & CEO, Inflection Point Ventures.
“Not only does it provide convenience, but it also supports the gig economy by creating job opportunities in the hospitality industry. By using technology, COOX modernizes home services and ensures hosts can enjoy their events as much as guests. COOX aligns perfectly with IPV's commitment to backing tech-driven solutions that make a tangible impact.”
As of October 2024, COOX operates in 20 cities across India, offering a diverse range of over 10 on-demand event hosting and house party services.
These services include professional chefs, bartenders, waiters, kitchen cleaners, ingredients delivery, appliance rentals, crockery rentals, event decoration, and live singers.
Additionally, COOX provides a monthly subscription service for domestic cooks. This comprehensive suite of home services encompasses both cooking solutions and event hosting, catering to various customer needs and preferences. - TWL Bureau
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