Founded in December 2015, Homfie the brain child of six final year engineering students of Dr. DY Patil School of Engineering and Technology.
Pune, India | April 17, 2016 06:45 PM IST.
It deals with variety of housing services including Buy/Sell/Rent home, Movers, Renting Furniture/Appliance, Appliance repair, Plumber, Electrician, Cleaning & Pest Control. Barely 3 months in the market, HomFie already has around 50 vendors for its different services. It promises the customers to provide fast services within 1 hour without any extra cost. Homfie is already generating revenues from its different services, thanks to the word of mouth publicity by its happy customers.
Red Newswire had an exclusive interview with Vijay Singh, Co-Founder of Homfie.com.
From where did you get the idea to start Homfie ?
I started thinking about it in March 2015 when my sister transferred to Agra and found it difficulty in find an appropriate house and house hold services. She decided to download different applications for different services but faced storage problem in her phone. So I decided to make a single platform which provides all the house related services.
“In today’s cut throat competitive world people shift to different cities for better career prospects and finding a new customised home is a big challenge. We are providing all the facilities to the customer in just a click”
How the Team HomFie was built ?
Making a team is one of the most difficult task in any startup especially when you have empty pocket. Initially I researched alone on my idea through internet and different books and after gaining clarity I started discussions with my close college and old school friends and within 6 months I was able to convince 5 friends i.e, Antriksh Pandita, Vedvarat Singh Parihar, Sushant Chaudhary, Bobby Vihan and Devendra Basankar to join the team.
How are you planning to fund your venture ?
Homfie is currently a bootstrapped company, We are already in talks with some Investors for seed funding.
What is your Future strategy ?
We are soon going to introduce Home solutions ‘Friend Zone, Best house & CrackDeal’ to provide brokerage free services to House seekers and Builders/House owners. These are 3 different modules to provide brokerage free accommodation to the customers at the locality of their choice.
a) Friend Zone: It helps the customer to find the flat at a place where most of his/her friends or colleagues live.
b) Best House: It helps customer to choose the best house out of the shortlisted houses based on customers preference.
c) Crack Deal: It will help the customers who want to buy the property to directly connect with the seller of the property.
We will also provide all the home appliances ( Like TV, Fridge, Washing Machine etc) and Furniture ( Like Bed, Sofa, Table etc) on Rent for those who cant afford to rent a fully furnished house.
What is the major roadblock in this kind of startup ? What are your plans , How you gonna tackle it ?
The major roadblock in this kind of startup is Data Gathering and trust of Vendors, as most of the vendors had bad experience with already existing partners. Some are not even ready to listen to us as they paid hefty sum to the already existing players in the market & are not getting enough orders. So we offer free service order to every registered vendor and let them experience our service and company culture. Once they are satisfied, they can continue working with us by paying some charges. Also we allocate just 2 vendors for the similar service in a particular area. In this way we can provide maximum orders to our vendors & thus keeping them happy and satisfied.
Website: www.homfie.com |