
My jugaad
Developing residential mobility solution for IPs, mutuals, insurances, Ephad, independent residences.
Date | Investors | Amount | Round |
---|---|---|---|
€880k | Seed | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 121 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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MyJugaad, operating under the legal entity SOLID'R, positions itself as a specialized service provider focused on residential mobility for vulnerable populations in France. The company was established in 2018 with a clear mission: to offer human-centric and logistical support to the elderly, fragile individuals, or those in vulnerable situations during the significant life event of moving.
The inspiration behind MyJugaad came from its CEO, Xavier Delahaye, who, after more than a decade in the moving industry, identified a critical gap in the market. He frequently observed the difficulties faced by seniors and individuals living alone during a move, particularly when family members were geographically distant and unable to provide support. This firsthand experience led him to develop a tailored solution to facilitate these transitions. The company's name is derived from a Hindi term, "Jugaad," which embodies a philosophy of frugal innovation—achieving significant results with minimal resources. This principle has guided the company's development since its inception.
MyJugaad's business model is centered around providing comprehensive, tailor-made support packages. The process begins with an assessment to understand the client's specific needs, followed by the organization and coordination of services with qualified partners. The company offers a wide range of services designed to cover every aspect of a move. These include the logistical elements of moving and reinstallation, such as packing, furniture disassembly and reassembly, and minor handyman tasks. Furthermore, they provide decluttering services, which involve sorting, removing unwanted items, and arranging for donations or recycling. Cleaning services for the vacated or new residence and the setup of telecare systems for senior safety are also part of their offerings. The company's coordination team is based in Auray, Morbihan, and deploys trained professionals across France.
The firm primarily serves elderly or vulnerable individuals and their families, who require more than just a standard moving service. They also collaborate with real estate professionals, notaries, and wealth managers who may have clients in need of such specialized assistance. The company emphasizes a compassionate approach, where its field staff act as companions, providing reassurance and working at a pace that is comfortable for the client. This focus on the human element is a key differentiator, addressing the emotional and physical challenges associated with changing one's living situation. In 2022, the company reported a fundraising of €100,000.
Keywords: residential mobility support, senior moving services, vulnerable population relocation, compassionate moving, decluttering services, home transition assistance, logistical support, France, elderly care services, assisted moving, personalized moving plans, home organization, telecare setup, property clearing, social and solidarity economy, human-centric services, Xavier Delahaye, move management, senior relocation, downsizing services