On-demand home services startup COOX has raised $125K in its Seed round led by Inflection Point Ventures.
The proceeds will be used to expand its operations from 20 to 40 cities, boost marketing efforts, and enhance its technology through AI integration for greater efficiency and scalability.
Founded by Akshat Gupta, Abhishek Gupta and Rajat Johri, COOX offers over 10 on-demand home services and event hosting solutions, from professional chefs and hospitality staff to rentals and live entertainment. It also provides domestic cooks on a monthly subscription basis, catering to all home cooking needs.
Since 2019, it claims to have served over 5 lakh customers, offering a range of 15 cuisines and 500 dishes from Indian to Continental. With over 3,000 trained professionals, COOX aims to modernize home services via technology and create jobs for gig workers in the hospitality and events sector.
As of October 2024, COOX operates in 20 cities across India, offering 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.
According to market research, the Indian food services market is anticipated to reach $125 billion by 2030, driven by growth in various segments. The catering industry alone is valued at approximately Rs 20,000 crores, expanding at a rate of 15% annually.