Myla.in is a tech-enabled digital platform that bridges the gap between end-customer and individual small-scale service providers. It aggregates and registers skilled workers across cities; enlists their profiles corresponding to their geographical vicinity. As and when any customer puts a request on Myla for a specific service, in real-time associated partner nearby gets notified and executes the service. At the back-end, Myla takes care of invoicing, order management, quotations, payment integration, insurance, etc. The service provider just has to bring their skills to Myla.in and we take care of everything else.
Myla – Startup Insight
| Startup Name | Myla |
| Founded | 2020 |
| Industry | Technology, Information and Internet |
| Founder | Amit Kulchand, Amit Shanker and Sidharth Kulbhaskar |
| Website | https://www.myla.in/ |
Myla – Founders and Team
Myla.in was founded and is currently headed by Amit Kulchand. Friends turned colleagues Amit Shanker and Sidharth Kulbhaskar are the co-founders; both have an extensive corporate experience in senior management across diverse industries in India and abroad in reputed multinational companies. They are supported by a highly skilled team of professionals that keeps the company’s inner mechanism smooth and progressive.
Myla – Mission and Vision
Myla’s mission is to provide digital liberation and empowerment to the people present at the grass-root level of our economy. The objective is to revolutionize the way services are delivered to the customers in 21st century Digital India. Myla will be soon launching the Myla Super App for to take its operations to a new level.
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The start-up’s vision is to make the majority of the Indian unorganized service provider workforce a part of digital India. The approach of the founders of Myla. is to empower the unorganized service providers of India with the end-to-end digital capability. In this regard, startup aim not only for the domestic market but also for the global market.
Myla – Name, Tag-line, Logo and its Meaning
The name “MYLA” comes from the amalgamation of three words: My Life Assistant is inspired by the idea that every person has a digital life assistant.
Myla – Services
Myla provides doorstep services and products to their valued customers through its curated and verified partners. Theyenable ease of access to all services and products through their inhouse digital and technology platform. They provide many types of services like- Pest Control Services, Home Salon Services, Cleaning & Sanitization etc.
My Life Assistant – Trustworthy services for quality life
Myla – Business and Revenue Model
As a new-age digital platform, our core business model enables connectivity between skilled professional and service users. By registering onto Myla.in, any service provider can benefit from a full-fledged digital shop that gives them an assorted and streamlined experience of doing business. In essence, the service providers have to bring their skills and tools to the job, and all other digital business support is given to them by “Myla.in”. Anyone can register for free on Myla. Myla has a membership structure in that vendors can avail themselves of a “pro-vendor” status. Myla charges a very minimal commission, so ours is a Freemium Model of business.
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Myla – Revenue and Growth
The first phase of expansion undertook 20+ significant cities, and the second phase is focused on throttling Myla.in Mobile Application. Till date, Myla has surpassed the mark of 20000+ orders, collaborated with 5000+ vendors, and is aiming to raise USD 10 million in series A funding.
Myla – Ordering & Executing Process
Ordering
Executing
Myla – Funding and Investors
As of now, Myla has been funded by angel investors who chose to have their identities confidential; moreover, startup is in talks to raise USD 10 million for series ‘A’ funding round that will be directed towards company market and operational expansions.
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Myla – Challenges Faced
Just as it is with every startup, challenges are inevitable. With Myla, the core challenge was understanding the demand for servicemen in smaller cities, more so over a digital platform. Though the response rate from Tier 1 cities has been exemplary, the same expectation from Tier 2 or Tier 3 cities was challenging to assess.
Myla – Future Plans
Myla will enter into the mobile application-based model soon and will be operating pan India across metro markets as well as tier 2 and tier 3 cities.
Myla – Latest News
Myla.in is all set launch the Myla SuperApp on 15th August across android and iOS platforms.
Myla – Social Media Links
Instagram: https://www.instagram.com/myla.in/?hl=en
Facebook: https://www.facebook.com/www.myla.in/
LinkedIn: https://www.linkedin.com/company/mylaindia/?originalSubdomain=in
Frequently asked questions (FAQs)
What is Myla?
Myla.in is a tech-enabled digital platform that bridges the gap between end-customer and individual small-scale service providers. It aggregates and registers skilled workers across cities; enlists their profiles corresponding to their geographical vicinity.
Who are the founders of Myla?
Myla.in was founded and is currently headed by Amit Kulchand. Friends turned colleagues Amit Shanker and Sidharth Kulbhaskar are the co-founders; both have an extensive corporate experience in senior management across diverse industries in India and abroad in reputed multinational companies.
When was the latest funding round for Myla?
As of now, Myla has been funded by angel investors who chose to have their identities confidential; moreover, startup is in talks to raise USD 10 million for series ‘A’ funding round that will be directed towards company market and operational expansions.
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