New York City-based startup Handybook, the leading on-demand home cleaning and repair service co-founded by Indian entrepreneur Umang Dua, announced it has closed a$30 million (INR 180 crores) Series B investment round led by Revolution Growth, the $450 million fund co-founded by Steve Case, the former CEO of America Online. Existing investors Highland Capital Partners and General Catalyst Partners also participated in the round. Handybook has now raised $49million (INR 295 crores) in total capital. With the new investment, Handybook will continue to build the team and product necessary to deliver a great consumer experience to meet growing demand across its 26 cities in the US and Canada.
Handybook was founded in 2012 by two Harvard Business School classmates, Umang Dua and Oisin Hanrahan, to instantly connect consumers with trusted home improvement and cleaning professionals. The company first launched in Boston and New York and quickly expanded to 26 markets throughout North America. With background checked professionals and a 100% money-back guarantee, Handybook is the easiest way to find, book and pay for on-demand home services. Bookings can be made in 60 seconds on www.handybook.com or on the Handybook mobile app. In addition to home cleaning, the brand offers home repair services including plumbing, electrical work, painting, moving, furniture assembly and many other tasks.
The son of Dr. Ajay Dua, the former Secretary of the Ministry of Industry & Commerce, Umang is a native of New Delhi. An alumnus of The Doon School, Dua went on to study in the United States at Amherst College and in the United Kingdom at Oxford University. While attending university in America, Dua founded his first start-up College Connect which connected Indian college applicants and MBA applicants to enrolled students around the world. After graduation, Dua worked in India for McKinsey & Company, before attending Harvard Business School.
Handybook was founded in 2012 by two Harvard Business School classmates, Umang Dua and Oisin Hanrahan, to instantly connect consumers with trusted home improvement and cleaning professionals. The company first launched in Boston and New York and quickly expanded to 26 markets throughout North America. With background checked professionals and a 100% money-back guarantee, Handybook is the easiest way to find, book and pay for on-demand home services. Bookings can be made in 60 seconds on www.handybook.com or on the Handybook mobile app. In addition to home cleaning, the brand offers home repair services including plumbing, electrical work, painting, moving, furniture assembly and many other tasks.
The son of Dr. Ajay Dua, the former Secretary of the Ministry of Industry & Commerce, Umang is a native of New Delhi. An alumnus of The Doon School, Dua went on to study in the United States at Amherst College and in the United Kingdom at Oxford University. While attending university in America, Dua founded his first start-up College Connect which connected Indian college applicants and MBA applicants to enrolled students around the world. After graduation, Dua worked in India for McKinsey & Company, before attending Harvard Business School.
