UrbanClap, an Indian platform for home services, closed a $50m Series D funding round.
The round, which brought total funding raised to date to approx. $110m, was led by Steadview Capital, with participation from existing investor Vy Capital.
The company intends to use the funds for further expansion.
Co-founded by Abhiraj Bhal, Raghav Chandra and Varun Khaitan in 2014, UrbanClap provides a platform that connects home & local professionals, such as cleaners, carpenters, beauty experts, house painters, repair staff, etc., with customers across 10 cities in India. It offers 80+ services, delivered by handpicked professionals in Delhi NCR, Bangalore, Mumbai, Chennai, Hyderabad, Pune, Ahmedabad, Kolkata, Noida
Greater Noida, Faridabad, Gurgaon, Ghaziabad, Thane, Navi Mumbai, Secunderabad and Dubai.
FinSMEs
03/12/2018