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Prepared by:- (Group 10)

Shruti
Shubham Kumar
Sudhanshu Shekhar
Sunny Kumar
Suraj Kumar
UrbanClap is recognized as the fastest-growing startup
in India.UrbanClap is India's largest home services
marketplace. The platform helps customers hire
trusted professionals for services like salon at home,
cleaning, plumbing, carpentry, interior design, wedding
photography, yoga training etc. Since its inception in
2014, UrbanClap has built a network of 100,000+
hand-picked service professionals, and served over 3
million customers across major 8 metropolitan cities of
India.
Founding Team
k
• UrbanClap raised $60 million of capital has a leadership position in selling
home services in satellite towns and metropolitan areas.
• Raised 21 million in a series C funding round led by Internet investment fund
Vy Capital.
• Early investors SAIF Partners, Accel Partners and series B investor Bessemer
Venture Partners also participated.
• Existing investors also spent approximately $1 million more to buy shares of
UrbanClap.
• It has more than 65,000 service professionals registered on the platform
servicing 300,000 bookings each month. It counts National Capital Region,
Mumbai and Bengaluru as its top markets.
• The latest funding round gives UrbanClap enough resources to extend its lead.
Its closest rival, Zimmber, was acquired by classifieds firm Quikr in May.
• UrbanClap founder Abhiraj Bhal said the funds will be used to expand to more
cities, invest in technology and add new vendors.
Growth
Operational revenues jump 309% to about Rs 45 crore
in FY18 from about Rs 11 crore in FY17 .

Reduce losses by 25% to about Rs 50 crore in


FY18 from Rs 66.7 crore last year.

Growth Story So Far

100000+ 3000000+ 8
Trusted Happy Cities in
Professionals Customers a Year
The working of UrbanClap is based on two simple
models:-
•For standardized, blue collared services like
electricians or home cleaning, where you just want the
job done, you can directly book and pay for the service
on their app.
•For white collared which are the larger part of the
business, like photographers, interior designers or yoga
instructors, UrbanClap makes the effort to understand
exactly what you need, and helps you hire the right
professional, in your budget, most suited to meet that
need. This is done through an automated match-making
algorithm, which the team is investing heavily to continue
perfecting.
1. As the first step they keep it simple and precise for the customers
to understand their services and facilities and how they are to be
accessed.

2. They filter the choices and narrow it down to the choices picked
up by their customers and keep in mind the importance of
transparency and the level of the transparency their customers are
looking for in order to gain their trust.
3. After they have chosen their suitable professionals, they let their
customers chat with the professionals through them to assure that they
have chosen what they want and avoid misconceptions.
4. After having assured that their customer is satisfied and ready they
promise their best to the customers.
1. Wide range of choices
2. Budget fits the choices
3. Trusted professionals
4. Healthy Customer Relations
5. Guaranteed Service
6. Ideal for last moment requirements
7. Direct Interaction between the professionals and
consumers.
UrbanClap is an online platform for customers to scout for the best
professionals in the service industry- be it architects, wedding
photographers, yoga teachers, educational counsellors and lawyers.

Simply put, it connects online users with offline businesses. Their


vision is to use technology and smart processes to structure the
highly unorganized services market in India and emerging markets.
UrbanClap aspires to make hiring a service professional as easy and
straight forward as ecommerce s have made buying products.

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