Tuesday, November 5

Tag: LocalOye

ACQUISITION

Urbanclap Has Acquired Mumbai Based After Sales Service Platform HandyHome

A mobile-based services marketplace, Urbanclap has acquired HandyHome, after sales service platform in an equity deal. HandyHome Mumbai-based startup allows users to book brand-authorized repairs and other services for electronic appliances online. HandyHome was founded in early 2015, had raised about half a million dollars from Bessemer Venture Partners and Kae Capital in June. Gurgaon-based UrbanClap provide a portal where users can book plumbers, beauticians and Yoga instructors among 75 such services across Delhi-NCR, Bengaluru, Mumbai, Chennai and Pune. Urbanclap plans to have more than 2,00,000 professionals on the platform and serve over 1,00,000 customers every day in 25 cities across 100 categories over the next one year with the latest financing in place. However, over the ...
UrbanClap hits $10 million mark, one of the fastest growing startups
News

UrbanClap hits $10 million mark, one of the fastest growing startups

UrbanClap, a mobile marketplace for services ranging from the likes of house cleaning and beauty services at home to interior designing and wedding photography, said the value of monthly transactions on its platform has reached $10 million (Rs 66.6 crore). The startup had achieved the mark in August, less than six months of its mobile app launch, making it one of the fastest growing Internet services companies in India. "We are receiving 2,000-3,000 customer requests every day and are able to connect 99% of the customers to the right professionals in less than half an hour," said Varun Khaitan, cofounder of UrbanClap. The 27-year-old IIT-Kanpur graduate founded UrbanClap last year, along with former Twitter employee Raghav Chandra and IIM-Ahmedabad alumnus Abhiraj Bhal.   ...