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Tuesday , 21 August 2018
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UrbanClap – Company Profile

UrbanClap is a leading online marketplace for local services such as repair & maintenance, home cleaning,  homecare & design, pest control, packers & movers, business services, event management, weddings & party management, health & wellness, salon, etc. UrbanClap was founded in 2014 and it is headquartered in Gurugram. The company has grown significantly since its launch and currently it offers more than 100 services. It has more than 1 lakh trained and skilled professionals including plumbers, electricians, wedding photographers, makeup artists, DJs, chartered accountants (CAs), etc. The company has operations in various cities including Delhi-NCR, Bengaluru, Mumbai, Chennai, Hyderabad, Pune, Ahmedabad, Kolkata, Noida, Faridabad, Gurugram, and Ghaziabad. Till now, UrbanClap has served more than 3 million customers across the country. 

History:

The idea for UrbanClap came when the founders realized that the home services marketplace was hugely disorganized in the country. Founders Abhiraj Bhal and Varun Khaitan were batch mates at IIT Kanpur and after their stint at The Boston Consulting Group, they decided to launch their own startup. They started discussions in Delhi and later, Raghav Chandra also joined the team. UrbanClap was launched subsequently in 2014, with the mission to make key services available online. Earlier, service professionals were only available through phone call lists, but with the tech innovation introduced by UrbanClap, people can hire service professionals online, via their PC or mobile app. This transformation has helped both service providers and people who need them.

Funding:

UrbanClap has received investments worth around $60 million through six rounds of funding. Investors include VY Capital, Trifecta Capital, Bessemer Venture Partners, SAIF Partners, Accel Partners, Ratan Tata, Kunal Bahl and Rohit Bansal.

Acquisitions:

UrbanClap has acquired two companies – HandyHome in January 2016 and GoodService in August 2016. HandyHome was an after sales services platform that allowed people to book brand-authorized repairs and other services for electronic appliances. GoodService was a Delhi-based concierge services provider. Both acquisitions have helped UrbanClap to expand and strengthen its service offerings.

Competition:

UrbanClap competes with other home service providers such as Localoye, Housejoy, Helpr, Zimmber, Sulekha, Justdial, Yellow Pages, etc.

About the Founders:

UrbanClap was founded by Abhiraj Bhal, Raghav Chandra and Varun Khaitan. Abhiraj leads operations and service provider on-boarding at UrbanClap. Prior to launching UrbanClap, he had worked with The Boston Consulting Group as a consultant. Abhiraj is an alumnus of IIT Kanpur and IIM Ahmedabad.

Raghav Chandra is responsible for technology and product development at UrbanClap. Earlier, he had worked at Twitter and had even launched an auto rickshaw startup in India. Raghav is an alumnus of the University of California, Berkeley.

Varun Khaitan heads marketing and product growth at UrbanClap. Earlier, he had worked with The Boston Consulting Group. He is an alumnus of IIT Kanpur.

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