Ever wondered if a journey from unskilled to professional could be life-changing? Here is the transformative story of FixWatt, a Madurai-based startup on a mission.
The Madurai-based startup turning Unskilled Laborers into Professionals.
FixWatt Pvt. Ltd. two years old online on-demand Service Provider, serves customers with its Electrical, appliances service, Plumbing & Deep Cleaning Services. To be very simple, FixWatt is the Ola for the above services. The Company bridges the Customer and technicians to fulfill needs.
FixWatt- Your Problem Solver
They work as a double-sided network to solve the obstacles faced by both the Technicians and Customers.
The technicians have many challenges. There is no standard pricing for the work, and they face schedule conflicts. They are also supposed to travel for a long time, which consumes more time and money.
On the other hand, customers have challenges. They struggle to find good technicians. Service is often late, and there’s no standard pricing. Most importantly, technicians lack professionalism.
Fixwatt is a platform that connects customers and partners with standard pricing. This benefits both parties. Additionally, Fixwatt provides professional training to technicians. This turns unskilled workers into skilled professionals.
Breaking FixWatt Revenue Model
The company has raised a seed fund of INR 10 Lakhs (TANSEED 5.0) from the Tamil Nadu government Through StartupTN. With the seed fund raised from StartupTN, The startup is valued at about INR 3.33 Crores.
It operates in B2B – for commercials and institutions B2C – for individuals & apartments segment.
It generates its revenue through an aggregator model (Like Swiggy, Ola, Urbancompany, etc,.). The revenues rise with an annual growth rate of 200%.
They are currently operating in Madurai and planning for expansion in nearby tier 2 cities such as Trichy, Sivagangai, Ramnad, Dindigul, and so on.
How Long the Fixwatt Has Come?
The founders started the company in February 2021. It has 40+ technicians, 50+ service verticals, and 150+ logos. The company has acquired 150+ weeks of successful execution, 1,100+ customers, and has fixed 2,500+ services. It has also cleaned 11,000+ square feet.
It is selected as one of 23 beneficiaries for Tanseed 5.0 funding by Tamil Nadu Govt among 600+ applicants.
It is awarded the Special Category Start-up Award by Maditssia. It also won the Best Start-up Award by Nextgen and Best Entrepreneur by KLN College of Engineering. Additionally, it received the 2nd Best Start-up Pitching Award from SRM University.
About the Founders
Mr. Abilash, graduated with a B.E – ECE in KLN College of Engineering. He started his career as an embedded engineer in the IoT platform and left after six months to grow this career as a first-generation Entrepreneur.
As the son of an electrician, he found there is a huge gap between customers & technicians. To address that problem, he founded Fixwatt in Feb 2021, an online aggregator business that provides handyman services.
He envisions enabling robot professionals for handyman services to operate the services. This helps them handle multiple services at a time. Upskilled Technicians can operate them remotely with the help of AI & IoT technology.
Mr. Shanmugapriyan S is a Co-Founder and CSO of Fixwatt Pvt Ltd. He has 15 years of experience. Eight years were in Field Sales and Marketing with B2C. Seven years were in Inside Sales & Marketing with B2B markets. He holds hands-on experience in managing 40+ in-house resources and managing multidisciplinary teams and activities.
As a Co-founder Shanmugapriyan takes care of Market Research, Analysis, Conventional, and Digital Marketing and strategizes overall business, Sales, and Marketing.
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Vision of FixWatt
The Company’s founders, Mr. Abilash and Mr. Shanmugapriyan started the company with a mission. They wanted to elevate unskilled laborers like electricians, plumbers, painters, cleaners, and carpenters to the status of professionals like doctors, advocates, and auditors.
The founders add that the other Major reason to found FixWatt is based on our honors former President Dr. APJ Kalam’s VISION OF (PURA) Providing Urban facilities to Rural areas. They work in a way like Madurai to bring online bookings that are equal to metro cities.
FAQs (Frequently Asked Questions)
Q1. What does Fixwatt do?
FixWatt Pvt. Ltd. two years old online on-demand Service Provider, serves customers with its Electrical, appliances service, Plumbing & Deep Cleaning Services.
Q2. What is the Revenue Model of Fixwatt?
It generates its revenue through an aggregator model (Like Swiggy, Ola, Urbancompany, etc,.). The revenues rise with the annual growth rate of 200%.
Q3. What is the Vision of Fixwatt?
The founders wanted to elevate unskilled laborers like electricians, plumbers, painters, cleaners, and carpenters to the status of professionals like doctors, advocates, and auditors
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