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UrbanClap Co-Founders To Invest $15 Mn Each

UrbanClap technologies which are a Delhi based home services marketplace will now be going to secure $15.3 Million in the top funding round from its three co-founders: Varun, Raghav, and Abhiraj.

According to the report which has been revealed, the founders will now be going to contribute around INR 35.6 crore equally. So far as of now, founders have only invested a very small sum of INR 2882 each a part of its investment fusion.

UrbanClap valuation has been around at $445-$450 Million after the company secured its Series C funding in 2017.

UrbanClap was founded in the year 2014, which is an online marketplace for the local services that even includes the appliance, basic home repairs, movers, packers, beauty services, health, wellness, and event management. As of now the startup operators in Bangalore, Chennai, Chandigarh, Delhi-NCR, Jaipur, Kolkata, Pune, Mumbai, Hyderabad, Ahmedabad.

Source: UrbanClap



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