Is Urban Company Indian?

Is Urban Company Indian?

Urban Company | YourStory. Founded in 2014 by Abhiraj Bhal, Varun Khaitan and Raghav Chandra, Urban Company (formerly UrbanClap) is India and the UAE’s largest home services company.

Which country made Urban Company?

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. This Indian company is present in Singapore, the UAE, and Australia as well.

Who owns UrbanClap?

Abhiraj Singh Bhal – Co Founder – Urban Company | LinkedIn.

How did Urban Company start?

Urban Company was established in November 2014. The brand’s main motive is to empower millions of professionals worldwide to fulfill services at home like never felt before. This innovative idea was brought up by three modern minds, Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan.

Who invested in Urban Company?

Urban Company (UrbanClap) investors

Date	Investors	Amount
Jun 2015	Accel SAIF Partners	$10m
Nov 2015	Accel Bessemer Venture Partners SAIF Partners	$25m
Jul 2017	Accel Bessemer Venture Partners SAIF Partners Vy Capital	$21m
Nov 2018	Steadview Capital Vy Capital	$50m

Why was UrbanClap name changed?

India’s leading home service platform, Urban Clap has officially announced its new brand name ‘Urban Company. ‘ Rebranding indicates the company’s vision aims at being a horizontal platform with a global footprint. As the company is expanding itself globally, the organisation wanted a name which has a universal appeal.

What is the net worth of UrbanClap?

BENGALURU : Urban Co. (formerly UrbanClap) on Wednesday said it has raised $255 million at a valuation of $2.1 billion, making the hyperlocal service provider the latest startup to enter India’s unicorn club.

What is the industry of 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 do people use Urban Company?

Urban Clap provides easy access to its home services through an online website and mobile app. The company has built a platform that is collaborative and easy to understand. Everyone can easily use it and book its services. Any user, or expert, effectively accesses the features.

Who is CEO of Urban Company?

What happened to UrbanClap?

Today, UrbanClap announced the creation of its new brand, Urban Company. The new umbrella brand captures the company’s ambition to be a horizontal gig marketplace, with a global footprint and leadership position across service categories, Beauty & Wellness and Home Repairs & Maintenance.

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.

What is the USP of Urban Company?

And this is UrbanClap’s USP: its all-in-one platform helps users hire any professional, from sofa cleaners and carpenters to real estate lawyers, architects, professional photographers, dieticians, physiotherapists, and yes, personal trainers and home yoga teachers.

Is Urban Company a unicorn?

In its last funding round, led by Tiger Global in 2019, it was valued at $933 million. Urban Company is thus the latest Indian startup to enter the coveted unicorn club.

Who invested in Lenskart?

Softbank owns about 20% of Lenskart, while TPG and IFC were also early investors, along with marquee angel investor Ronnie Screwvala. The company’s expansion plan revolves around four focus markets–India, the Middle East, Southeast Asia, and the US.

Why is Urban Company in loss?

Valuations might have soared for many, but the pandemic had a severe impact on the earnings of most of the growth and late-stage startups in India in FY21. And this is evident from the revenue shrinkage of Ola, Oyo and Droom during the last fiscal.

Who funded cred?

Fintech startup Cred has raised $80 million as part of its Series F funding round led by Singapore’s sovereign wealth fund GIC and other existing investors, news reports said on Thursday.