Sulekha Explained

Sulekha
Foundation:2007[1]
Location:Chennai, Tamil Nadu, India
Chairman:Param Parameswaran
Ceo:Satya Prabhakar
Products:Sulekha app
Advertising:Online
Registration:Optional
Language:English
Area Served:India, United States, Canada, UK, UAE
Owners:Norwest Venture Partners, Mitsui Co, Indigo Monsoon Group, GIC
Num Employees:450
Website Type:Digital Platform
Current Status:Active

Sulekha is a digital platform for local service businesses in India,[2] [3] [4] [5] [6] matching 20+ million consumers with 50,000 service professionals across 200 categories in about 40 cities.[7] Sulekha focuses on expert services clustered around Home, Life and Self and where the user need is customized. Using technology and domain intelligence, the platform seeks to understand the user need in detail and matches it to verified service professionals who are profiled.[8] [9] The service is free to use for consumers and service professionals pay the platform for performance in the form of verified, matched service requests.[10] ]]][11]

Business

Sulekha, headquartered in Chennai, Tamil Nadu, India started its digital classifieds operations in the year 2007.[12] [13]

Sulekha is one of the largest services platforms in India.[14] Sulekha is one of the earliest internet companies to come up in India.[15] It has evolved from a local business listings site to a technology-driven matchmaking platform from 2017 to now.[16]

In April 2015, GIC, the Sovereign Wealth Fund of Singapore, led a round of investment along with Mitsui and Norwest Venture Partners into the company.[17]

References

Notes and References

  1. Web site: Sulekha: Journey from listings to 'match-making' . . 2019-10-14 .
  2. Web site: Sulekha's marketplace now has 200K verified service providers. www.businesstoday.in. 2019-05-06.
  3. Web site: About us Sulekha.com: For all your local needs. www.sha.com. 2016-01-14.
  4. Web site: About us Sulekha.com: For all your local needs. www.sulekha.com. 2016-01-14.
  5. Web site: Sulekha.com raises Rs 175 cr from Singapore's sovereign fund, NVP. www.msn.com. 2016-01-14.
  6. News: Will you walk into my parlour?. Kumar. K. Bharat. 2017-11-05. The Hindu. 2017-11-07. en-IN. 0971-751X.
  7. Web site: Sulekha: Journey from listings to 'match-making'- Business News. www.businesstoday.in. 2019-05-06.
  8. Web site: Sulekha counts on unorganised service sector for growth. Revathy. L. N.. @businessline. en. 2019-05-28.
  9. Web site: Profitability and growth should go hand in hand: Sulekha CEO Satya Prabhakar. Moneycontrol. 2019-05-28.
  10. News: The question that changed the face of tech firm Sulekha. Srinivasan. Supraja. 2018-07-10. The Economic Times. 2019-05-28.
  11. Web site: Sulekha: Journey from listings to 'match-making'- Business News. www.businesstoday.in. 2019-05-06.
  12. Web site: Sulekha.com to launch a wedding services platform . economictimes.indiatimes.com. 2019-10-14.
  13. Web site: Sulekha: Journey from listings to 'match-making' . . 2019-10-14 .
  14. Web site: Sulekha: The growth of a local service provider . livemint.com. 2019-10-14.
  15. Web site: 2020-01-21. Small businesses in competition with Google! Fighting war without fighting to win. 2020-12-15. The Financial Express. en-US.
  16. Web site: Sulekha's marketplace now has 200K verified service providers. www.businesstoday.in. 2019-05-06.
  17. Web site: Sulekha.com raises Rs 175 crore from GIC, Norwest Venture Partners. @businessline. en. 2019-05-28.