COOX, an on-demand home services startup has raised $125K in 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.
Akshat Gupta, Co-Founder & CEO, said, “At COOX, we are committed to transforming the landscape of home services through cutting-edge technology, ensuring seamless experiences for both customers and partners. Our aim is to provide not only exceptional service to clients but also create significant employment opportunities for gig workers in the hospitality industry. We passionately believe that ‘Hosts should enjoy as much as the Guests,’ and we work tirelessly to bring this vision to life, enabling every event to be a memorable and enjoyable experience.”
Vinay Bansal, Founder & CEO, Inflection Point Ventures said, “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. 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.”
Founded by Akshat Gupta (CEO), Abhishek Gupta (CMO) and Rajat Johri (CTO), COOX provides on-demand 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.
COOX has achieved significant milestones, serving over 5 lakh customers across 20 cities in India. The platform has developed a comprehensive network of more than 3,000 trained and verified service professionals, ensuring quality and reliability for its clients.
As of October 2024, COOX operates in 20 cities across India, offers a diverse range of over 10 on-demand event hosting and house party services.
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.
Notably, COOX reached profitability while maintaining a bootstrapped approach, showcasing its sustainable business model and commitment to growth in the home services sector.
