Hyderabad-based startup SBricks acquire HomeCues

HomeCues

30 August 2016, India :

Facility management and home services startup SBricks has acquired home services aggregator HomeCues for more than $1million.

D Nithin Reddy, CEO of SBricks Castle Care, said the similarity in businesses of the two companies has provided an opportunity for the merger.

“We thought this would be a good synergy, bringing together our last-mile ownership and their aggregator model under one umbrella,” D Nithin Reddy told ET.

The combined entity, which will henceforth be called as SBricks Castle Care Pvt Ltd, foresees a growing business opportunity in the market for facilities management, laundry and home services, among others, according to an SBricks statement.

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