- UrbanClap is a services marketplace aimed at the Indian market, whose purpose is to connect service professionals with customers. It currently operates in 16 cities/regions and it has around 300 employees and more than 65,000 professionals enlisted.
- The company was founded by Kanpur Varun Khaitan, Abhiraj Bhal and Raghav Chandra in 2014 and aims to be profitable by 2019.
- Find out more facts, below.
| Founded: | 2014 | | How old is UrbanClap in 2024? / Age: | 9 years
| | Where was UrbanClap founded? | New Delhi, Delhi, India |
UrbanClap Net worth 2024 (estimated)
| | How much is UrbanClap worth? | Under review
| | Nationality: | Indian |
What is UrbanClap? / Facts
- Services marketplace - Created in 2014, UrbanClap boasts itself as the largest Indian platform that connects over 65k professionals to their 1.5m customers. They offer more than 107 services, ranging from Yoga instructors to Fitness trainers, Nutritionists and Physiotherapists, serving around 6000 customers per day.
- Founders - The idea behind it came from Kanpur Varun Khaitan and Abhiraj Bhal, colleagues at The Boston Consulting Group, and Twitter engineer Raghav Chandra. The main incentive was to create a large tech business to solve the Indian customer needs.
- Great potential - They attracted over $37m in funding from investors such as Bessemer Venture Partners, Accel Partners, SAIF Partners, Kunal Bahl, Rohit Bansal, and Ratan Tata. It received "Startup of the year" Award in 2015 by the Financial Times
- Aims to be profitable by 2019 - The company is heavily investing in marketing in order to attract both professionals as well as customers. For 2016 the company projected revenues of $3.2m but losses close to $10m. However the figures were on the investment path, and they aim to make it profitable by 2019.
- Snapdeal - UC worked together with e-commerce platform Snapdeal to help consumers book services through mobile applications.
- Structure - The company has around 300 employees, divided into technology, business development, marketing and operations. It covers 16 areas/cities.
- Competitors - Some of its competitors include Housejoy, Zimmber, Timersaverz, LocalOye.
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