Hotline: 1800 102 2007
Hotline: 1800 102 2007
Aug, 02 2019

India's largest home services startup UrbanClap raises $75 mn funding to expand its business

UrbanClap is an online marketplace for local services like repair and maintenance, packers and movers, event management, health and wellness, and salon.

India's largest home services startup UrbanClap raises $75 mn funding to expand its business

UrbanClap Technologies India Pvt Ltd, an on-demand home services marketplace, has raised $75 million in a Series E funding round led by US-based investment firm Tiger Global Management.

The round has also seen participation from existing investors Steadview Capital and Vy Capital. The Gurugram-based startup will use the fresh capital to expand its business.

Founded in 2014 by Abhiraj Singh Bhal, Varun Khaitan and Raghav Chandra, UrbanClap is an online marketplace for local services like repair and maintenance, packers and movers, event management, health and wellness, and salon.

Currently, the company is operating in 10 cities in India and two international markets, Dubai and Abu Dhabi. UrbanClap at present works with more than 20,000 service professionals. It offers these professionals with tools, training, uniforms, financing, insurance, bank accounts and products/consumables. 

Last month, UrbanClap had raised Rs 1.5 crore from former Flipkart employee Mekin Maheshwari and Avaana Capital Founder Anjali Bansal.

The company had raised $50 million late last year in a Series D funding round led by Hong Kong-based hedge fund Steadview Capital and existing investor Vy Capital.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Women's Clothing
    About Us: Vajor came into being in 2014 with a very..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Food Service
    About Us: Wicked China is a place that serves up Chinese..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Beauty Salons
    About Us: In this 21st century, people are way too busy..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Mobile & Communication
    About Us: Reliable Accessories Pvt. Ltd. is a leading manufacturer and..
    Locations looking for expansion Delhi
    Establishment year 2008
    Franchising Launch Date 2008
    Investment size
    Space required 500
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities