​Home-service aggregators UrbanClap, Sulekha are looking to buy smaller start-ups to grow

Having all services under roof or at the touch of a button would ease our lives and the good news is it is happening soon.

Services startup giants such as Sulekha and UrbanClap are looking out to acquire small service companies to bring everything under one roof.

This means from an electrician to a photographer, services will be available at one touch, at one place.

Photographers and event planners fall under the industry categorisation of local services, and the others under home services.

"Soon, a lot of small players will be gone. There will be three or maximum four players remaining. That is a healthy competition," Anubhab Goel, cofounder of Zimmber, told ET.

Right now, there are over 400 local services startups. Many of them have services like on demand yoga classes, beauticians, laundry, etc.

Reportedly, Sulekha, which gets around 26,000 services requests, raised Rs 175 crore from Singapore's GIC and Norwest in April and is mulling to acquire.

"A lot of these are vertical plays focused on home services alone, which is not sustainable given low ticket size and frequency of the services," Varun Khaitan, cofounder of Urban-Clap, told ET and added they are on the lookout for teams who have executed well due to single vertical focus.

Other than niche companies, other companies like Quikr, Amazon, etc are also offering services.

(Image: Thinkstock)

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