What if physical storage was categorised like online cloud storage? Mumbai-based physical storage solution service start-up BoxMySpace has raised Rs 1.9 crores in seed-round from a group of investors like Farooq Oomerbhoy, co-founder of Orios Venture Partners, Singapore Angel Networks and Ritesh Veera to do just that.
“We have already extended our operations to Pune, Nasik and Nagpur because of the proximity. We are planning to move to Bangalore and NCR as soon as possible,” said Pratyush Jalan, founder, Boxmyspace.
The company plans to use the inflow of fresh funds to spread out the enterprise into Hyderabad, Bengaluru, and Delhi and also step up it’s marketing efforts.
Investor Farooq A Oomerbhoy said
We are delighted to partner with BoxMySpace which is poised to lead the innovation forray within the storage industry in India. Shrinking living spaces, dynamic work patterns have resulted in people adopting a transient way of life, necessitating the need for storage solutions. We are working closely with BmS to introduce this solution to not only Indian consumer, but given the scalable nature of the business will be looking to expand in other part of Asia very soon.”
BoxMySpace is a godsend for urbanites dealing with painful storage issues while shifting apartments, flats, etc. The physical storage space is pretty disorderly; and if you’re not organised enough, finding something in your storage can be a nightmare. BoxMySpace is looking to change all that, and is working hard to streamline its technological processes to help serve customers better.
It offers storage services at the ‘doorstep.’ One has to order boxes online and pack up their belongings which are then collected by them. A top-view picture of the box is taken and uploaded to the user’s account before being locked away in the company’s warehouses, for which it has tied up with a logistics company. Technology is enabling the entire process of ordering, storing, tracking, categorising and recalling the goods in the boxes.
Self-storage in western markets is developed to an extremely sophisticated extent(NYC’s MakeSpace) but sadly, no such service existed in India, which is what the 9-member strong team is looking to leverage.
To check out BoxMySpace for yourself, head over here.