Urbanclap | Pixr8 News

1Dec By Gauri SinghNo Comments

FUNDING

On-demand Home Services Firm UrbanClap Raises $50 Million

India’s on demand home services marketplace UrbanClap has secured funds amounting to $50 million in a fresh funding round. This round was led by Hong Kong-based hedge fund Steadview Capital along with existing investor Vy Capital. With this round, the valuation of the company will more than double to $480 million. UrbanClap which also counts Accel, SAIF Partners, Bessemer Venture Partners and Ratan Tata amongst its investors, was last valued at $200 million when it raised capital in 2017. The funds so raised will be used by the company to accelerate the onboarding of both customer and service partners, build stronger teams across product and technology, build training capabilities as also enhance its supply chain of consumables. “The core of our business which is beauty, cleaning an...

Popular Startups That Secured Funds From Ratan Tata

2Jul By Gauri SinghNo Comments

FUNDING

Popular Startups That Secured Funds From Ratan Tata

Indian industrialist and investor, Ratan Naval Tata who is well known as the former chairman of the popular conglomerate Tata Sons (one of the two holding companies of Tata group). Ratan Tata has done a commendable job in terms of investment activities and has been taking a keen interest in the Indian Startup ecosystem. With the help of his private investment company RNT Associates, Tata has marked his footsteps on various startups in the country. Though most of his investments are undisclosed amounts, it is a big honor for startups that are successful in bringing Ratan Tata on board. Also, you might be thrilled to know that Tata has been honored with the Padma Vibhushan in 2008 and Padma Bhushan in 2000, the second and third highest civilian honors awarded by the Government of India. ...

Zomato’s Chief Business Officer Mukund Kulashekharan Calls a Quit

5Jun By Lavina TolaniNo Comments

News

Zomato’s Chief Business Officer Mukund Kulashekharan Calls a Quit

Online Restaurant Search and Food Delivery Platform, Zomato's chief business officer Mukund Kulashekharan has resigned from the post after a three-year stint, a report in a financial daily stated. Kulashekhran is expected to join local marketplace UrbanClap and is currently in talks to head certain verticals at the on-demand services platform, cited ET according to the people familiar with the matter. Mukund had first joined Zomato in 2015 and was promoted to the post of the chief business officer. Before that, he was serving as a global business head in online catering firm. Mukund is an alumnus of the Tuck School of Business at Dartmouth and has done computer science engineering from National Institute of Technology, Tiruchirapalli. Apart from Mukund, Zomato has witnessed man...

Ikea To Wage a “Price War” with its First Store in India

2Jun By Lavina TolaniNo Comments

BUSINESS

Ikea To Wage a “Price War” with its First Store in India

Swedish Furniture Making company Ikea could bring in a price war in India as it is all set to open its Hyderabad store, a first in the country, offering about 15% of its product at Rs. 200 or less, as informed by a company spokesperson. Per Hornell, Ikea Market Manager for Maharashtra said, We are very confident that we will enter the market with the lowest possible prices. There will be 1,000 products at prices below ₹200 when we open our store. However, the company is not much in hurry to expand its operations in India and will open its Mumbai store, its second in country tentatively by 2019. Ikea, known for its famous blue box stores has fleeting a digital presence that specialises in a range of do-it-yourself (DIY) products. Currently, it has 403 stores spread across 49 markets...

UrbanClap Marks an International Debut Lands in Dubai

9May By Lavina TolaniNo Comments

News

UrbanClap Marks an International Debut Lands in Dubai

Four-year-old on-demand home services startup, UrbanClap has marked a successful international debut by offically announcing its launch in Dubai, one of the most populous cities in the United Arab Emirates. The web-based platform which already has its presence in all major Indian metropolitans has chosen Dubai before looking at tier-2 cities in India. As per sources, the startup is looking forward to begins its operations in Dubai with about 100 servicemen in five sectors: home cleaning, packers and movers, handymen and home painting. Abhiraj Bhal, co-founder at UrbanClap confirmed the launch on his social media account today stating, UrbanClap is formally launched in Dubai today. If you are in Dubai, do check out our services. 'We don’t see it as an international expansi...

These 5 Startups Can Help You to File Your Income Tax

16Mar By NitishNo Comments

Story

These 5 Startups Can Help You to File Your Income Tax

In the previous article, we mentioned the steps about how to file the income tax online. If you are still not sure that you can make this process done by itself, don't worry, we came up with the article on 5 online startups, which can help you to file your income tax without any hassle! Have a look, ClearTax: ClearTax is a India based online platform which helps individuals prepare and e-file their Income Tax Return online. All one has to do is log on to ClearTax and upload their Form 16. The platform will prepare the income tax return automatically. The whole process does not take more than 10 minutes. Founded by Archit Gupta in 2011, Cleartax receives $15.4 million funding till date. UrbanClap: UrbanClap is the largest on-demand service marketplace in India. It ensures quality pro...

UrbanClap, Industrybuying Tie Up to Offer Toolkits to Service Orofessionals

23May By AdityaNo Comments

BUSINESS

UrbanClap, Industrybuying Tie Up to Offer Toolkits to Service Orofessionals

UrbanClap, India's leading marketplace for trusted services has teamed up with leading B2B e-commerce platform Industrybuying for its service professionals to offer them toolkits at subsidized prices, catering to the plumbers, electricians, carpenters, and appliance repair technicians registered on the UrbanClap platform. Both company have seen significant interest from investors in their respective segments. While Industrybuying focuses on solving inefficiencies in industry supply operations and offer reliable procurement of industrial products, similarly UrbanClap is seeking to solve the problem of the unorganized services marketplace in India. "Industrybuying's emphasis on standard, reliable products is in line with our strong focus on providing high quality services. But, along w...

22Jan By AdityaNo Comments

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 ...

28Nov By AnkitaNo Comments

FUNDING

Bangalore Based Home Services Start-up Bro4u Raised Angel Funding; Plans to Expand Into Other Cities

Bro4u.com, Bangalore-based home service market place, have raised undisclosed funds from Sargod Ventures led by Alok Sargod. Bro4u is an 8-month-old hyper-local home services app which promises seven minutes turnaround for users, which is the quickest compared to any competitors available in this expertise. Read Also: How Akshay turned ‘Bhaiya chutta nahi hai’ into bro4u.com Pramod Hegde, CEO & Co-Founder of Bro4u, said that their latest funding would be used to strengthen their position in home ground Bangalore. He also confirmed that they are in talks with Venture Capitalists to move into next level by expanding the services to Hyderabad and Pune market. Pramod believes that there is no clear leader in this segment yet, and anyone who has a right will come out as a market leade...

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

9Sep By No Comments

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. ...