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Broomees

Services

Platform for Trusted House help

Season 2 Products

BrandBroomees
Company NameBROOMEES INDIA PRIVATE LIMITED
FoundersNiharika Jain, Vaibhav Agrawal, Saurav Kumar  
Original Ask80 Lakhs for 2 % equity at the valuation of 40 crores.
DealAman, Namita & Piyush agreed for 1 crore for 3% equity for 34 Crore  

About the Product

Broomees is a tech enabled platform that helps you hire a trusted house help, babysitter, cook, and even all-rounders. It helps you book your requirement in minutes. Bookings can be made through website & their mobile application. Broomees provides staff that are properly qualified in addition to having a limitless replacement policy.

Broomees source workers from online through their worker’s app & offline channels through training centres & on field campaigns. With the assistance of the ideal housekeeper, Broomees is the most convenient approach to get your life in order.

Every Broomees helper is subjected to a stringent background check that includes a review of their Aadhar card as well as any relevant police records, and they are only sent to the houses after the screening procedure has been successfully completed.

Customers can visit their website/App, choose the desired service and fill the requirements. Broomes would assign right person matching the requirements.

Broomees

Founders & their story

  • Niharika Jain, CSO
  • Vaibhav Agrawal, CEO
  • Saurav Kumar, COO

Vaibhav & Saurav are friends from college where they have done extensive work in social entrepreneurship. During those times, they understood the genuine problem of the helpers & got the idea to help the underprivileged.

On the other hand, Niharika was working with other start up where she realized that she needs to start something of her own. Niharika along with Vaibhav dropped out of busine to start Broomees with the other founder Saurav.

About the company:

BROOMEES, a company that was incorporated in 2021, is leading a change in the way that house helps are employed in India. They started with a mission to resolve the issue that many households are facing in hiring well-trained, experienced, and pandemic-ready helps.

It’s an India’s trusted homemaker’s platform where not only families get help but the helpers get amazing benefits that includes;

  • Health Benefits
  • Child Education
  • Interest Free loans
  • Female Hygiene Products
  • Opportunity to earn 3x salary

The company makes sure that no helper is getting exploited by providing them salaries as per the minimum wage structure. Till now, they have provided services to more than 5000 households.

Amount Raised

  • 4.2 crores at the valuation of 28 crores post money
  • 7 crores at the valuation of 35 crores pre-money (In process)

Revenue: 

Broomees charge 10-14% commission. Their monthly burn is approximately 20 lakhs

Last month revenue was Rs. 15 lakhs around & Gross transaction value was Rs. 95 lakhs.

Founder’s Ask 

80 Lakhs for 2% equity at the valuation of 40 crores.

Offers: 

  • Aman & Namita’s offer was 80 lakhs for 3% equity
  • Anupam’s offer was 80 lakhs for 2% equity
  • Piyush’s offer was to combine with Aman & Namita at 80 lakhs for 3% equity

Counter Offer:

Founders asked for 2 crores for 5% equity

Final Deal 

Aman, Namita & Piyush agreed for 1 crore for 3% equity at valuation of 34 Crore

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