Housejoy CEO Saran Chatterjee quits, moves into a non-operating role

Online services marketplace Housejoy CEO Saran Chatterjee has quit from his position after nearly five years. Chief operating officer Sanchit Gaurav will now move into the role.

“I have decided to move into a non-operating role at Housejoy and will continue as an adviser,” Chatterjee said in a blog post.

“I have known Sanchit now for more than two years and we have worked very closely in shaping the strategy of the company, creating a new construction and renovation business, scaling it remarkably in Bangalore and setting it up to scale to more cities soon,” Chatterjee added. Gaurav has been with the company since June 2018.

Chatterjee, a former VP at Flipkart, was appointed as CEO of Housejoy in September 2015.

"Saran has been instrumental in the success of Housejoy and he continues to work with us as an advisor. We are committed to our customers and to bringing joy to their homes through our services,” Gaurav said. 

Housejoy was founded in 2014 and is owned by Bengaluru-based Sarvaloka Services On-Call. Founders Arjun Kumar and Sunil Goel quit in May 2017 following a decision by the board. A year later, the company reportedly downsized some of its operations and laid off at least 40 people across functions. 

The Amazon-backed company last raised Rs 22.83 crore ($3.19million approximately) in a bridge funding round led by existing investor Matrix Partners India in 2018. The round had come nearly three years after the previous fundraising. 

Housejoy competes with Tiger Global-backed Urban Company and online classifieds platform Quikr.