UrbanClap raises Rs 165 crore in new funding round!
Nov 19, 2015, 11:34 IST
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Mobile marketplace UrbanClap,that brings services ranging from beauty services at home to wedding photographers to the customers’ doors, has raised about Rs 165 crore ($25 million) led by Bessemer Venture Partners. Existing investors Accel Partners and SAIF also participated in the round.
This fund infusion — that has valued the one-year old startup at more than $100 million — gives the company sufficient cash to dominate the home services business
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So far, it has raised a total of $37 million.
Currently UrbanClap is serving 5,000 customer requests per day with an active seller base of more than 20,000 professionals. It is present in Delhi NCR, Bengaluru, Mumbai, Chennai and Pune and the company plans to extend its offering to 25 cities and 100 categories over the next one year.
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