What is the valuation of UrbanClap?

What is the valuation 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.

Is Urban Company successful?

Urban Company, previously called UrbanClap, is amongst the preeminent startups in India that have observed a sheer hype in their customer base. The startup has made it simple to avail services such as massage and salon without going outside and it is the biggest online services provider with a simple framework.

Who owns UrbanClap?

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

Is UrbanClap a unicorn?

Urban Company (formerly called Urban Clap) is 2021’s newest unicorn. And, just like Cred, Meesho and ShareChat, it has entered the coveted club with a valuation of more than $2bn.

What is the valuation of Swiggy?

Bengaluru-based food-tech platform Swiggy announced on Monday a $700 million investment from marquee investors, almost doubling its valuation to $10.7 billion.

What is the valuation of Ola?

Ola Electric raises $200 million in funding at a valuation of $5 billion.

Who is the CEO of UrbanClap?

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 UrbanClap making profit?

“We told them you keep 80% of the earnings, Urbanclap will keep 20%. Overnight their earnings went up. Today, every other service professional through Urbanclap earns makes an average of ₹40,000 per month. Hundreds of our beauticians make more than ₹1 lakh a month,” said Khaitan.

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.

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 CARS24 a unicorn?

In November 2020, CARS24 raised $200 million in a Series E funding round at a valuation of over $1 billion. With that, it became India’s first unicorn in the auto segment, making it a big milestone for the company.

Is Lenskart a unicorn?

IPO-bound Lenskart, one of the earliest unicorns in the D2C space, recently raised $100 million from Alpha Wave Capital and was last valued at $4.3 billion.

Is Dunzo a unicorn?

Once the deal is approved, the company’s valuation would double over what it is currently to $1.3 billion—making the Bengaluru-based startup the latest entrant into India’ coveted unicorn club.

What is the valuation of Flipkart?

Flipkart is currently valued at $37.6 billion. Flipkart was earlier planning to go public in 2022 seeking a valuation of $50 billion.

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.

Who is bigger Swiggy or Zomato?

Zomato versus Swiggy: Swiggy valuation stands at $10.7 billion; why is Zomato in focus? – Check this report here. The day when Zomato shares hit a lower circuit of 20 per cent for the first time, the rival Swiggy did fundraising of $700 million and the valuation now stands at $10.7 billion.