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On-demand maid provider Didi buys TimeMyTask | VCCircle

[Indian] On-demand maid service Didi has acquired home services startup TimeMyTask in an all-stock deal, Didi’s co-founder and chief executive Jhonny Jha told Techcircle. After the acquisition, TimeMyTask will operate under Didi’s brand name. The new entity is valued around $10-15 million. “The basic intent behind this has been to mark our foray into the […]

[Indian] On-demand maid service Didi has acquired home services startup TimeMyTask in an all-stock deal, Didi’s co-founder and chief executive Jhonny Jha told Techcircle. After the acquisition, TimeMyTask will operate under Didi’s brand name. The new entity is valued around $10-15 million. “The basic intent behind this has been to mark our foray into the $500-million B2B SME cleaning market,” he explained. “The basic intent behind this has been to mark our foray into the $500 mn B2B SME cleaning market,” he explained.

Source: On-demand maid provider Didi buys TimeMyTask | VCCircle

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