What is the meaning of Urban Company?

What is the meaning of Urban Company?

Urban Company is the largest home service platform in Asia. The platform helps customers book professional home services such as beauty services and massage therapy for both women and men, cleaning, painting, plumbing, carpentry, appliance repair, and many more.

What is the use of Urban Company?

Urban Company provides a platform that allows skilled and experienced professionals to connect with users looking for specific services. Once on the platform, our match-making algorithm identifies professionals who are closest to the users’ requirements and available at the requested time and date.

Is Urban Company an Indian company?

Urban Company, which was launched in Delhi in November 2014 with a handful of service professionals as UrbanClap, now claims to be India’s and the UAE’s largest home services company. During the last five years, it has expanded to three countries — Australia, Singapore and the UAE — from India.

What is Urban Company strategy?

The business strategy at that point was to diversify offerings, connect users to a wide range of professionals, market the app to the correct demographics (ideally millennials reliant on technology for conveniences) and develop a recognizability in the market for being the go-to startup for all sorts of services …

What type of company is Urban Company?

Founded in Nov 2014 by Abhiraj Bhal, Varun Khaitan and Raghav Chandra – Urban Company is Asia’s largest home services company. We are an all-in-one platform that helps users hire premium service professionals, from beauticians and masseurs to sofa cleaners, carpenters and technicians.

Why Urban Company is successful?

In the last six years, Urban Company has gained the trust of its clients and due to this COVID-19 pandemic, everyone is now more careful and aware about hygiene. Many people now prefer salon services at home. So, they trust Urban Company more because of their professional and clean services.

Why do u want to join Urban Company?

New challenges in a new industry, new demographics and with new teammates. Designing for scale & complexity (although, have fair share of experience of doing it over and over at Zomato). Building products for extreme trust. An opportunity to build and grow the team.

How many users does Urban Company have?

As per Bhal, the number of active paid subscribers currently stand at about 7.5 lakh. On-demand home services marketplace Urban Company closed CY21 with 11.5 million orders with an average ticket price of `1,100-1,200, Abhiraj Singh Bhal, co-founder and CEO, Urban Company, told BrandWagon Online.

Who is CEO of Urban Company?

Who invested in Urban Company?

On-demand home service provider Urban Company has raised $190 million from investors led by Prosus (formerly Naspers), regulatory filings sourced from Tofler show. The deal more than doubles the company’s valuation to $2 billion. In its last funding round, led by Tiger Global in 2019, it was valued at $933 million.

What is Urban Company Quora?

It is an app & a website that lets users book and avail services from trained professionals at their homes. Urban Company is backed by investors such as- Tiger Global Management. SAB Holdings. Steadview capital.

What is the revenue of urban company?

In FY20, Urban Company’s consolidated loss widened to ₹155.17 crore from ₹78.48 crore in FY19. Revenue doubled from ₹132.04 crore in FY19 to ₹263.07 crore in FY20, according to regulatory filings filed by the company.

How does UrbanClap partner work?

How UrbanClap Partner works. The company is an interface between customers and service providers. For eg: If you are a Career Counselor, you register yourself as a career counselor. A person looking for a career counselor will find you and contact.

How do you earn from UrbanClap?

UrbanClap uses a four-way approach when it comes to earning money. This lists two categories of options, one being the booking section and the fixed pricing services accounts, and the other being the non-booking or variable pricing services.

When did Urban Company start?

Today, we look at Urban Company, which was launched in 2014 and is now the largest home service provider in India. Urban Company – earlier known as Urban Clap – is not the first startup Varun Khaitan, Abhiraj Bhal, and Raghav Chandra launched.

Is Urban Company an IPO?

Urban Company raises $255 million, plans IPO in 18-24 months. Home services marketplace Urban Company on Wednesday said it has raised $255 million in Series F round of funding led by Prosus Ventures, Dragoneer and Wellington Management. The Gurugram-based startup is now valued at $2.1 billion.

Is Urban Company International?

In the last seven years, it has expanded to cities beyond Delhi to international markets like Saudi Arabia, the UAE, Singapore, and Australia, creating a fleet of over 40,000 trained professionals. Today, Urban Company is Asia’s largest online professional home service provider.