UrbanClap, a mobile-based services marketplace, has reportedly raised $10 million in funding from its existing investors SAIF Partners and Accel Partners.
The Gurgaon-based startup, which raised a seed round of Rs 10 crore from SAIF Partners, Accel Partners and Snapdeal founders Kunal Bahl and Rohit Bansal earlier this year, plans to invest the funds to scale up its operations across the country, strengthen its technology, and grow its 100-member team to 500-plus.
Launched in October 2014 by Abhiraj Bhal, Varun Khaitan, and Raghav Chandra, UrbanClap offers more than 50 services across five major categories — home, health, events, lessons and other personal services, which include things like salon at home and party makeup.
“The problem we are solving of hiring trusted local service professionals is extremely broken. In a short span of a few months since launch, we have seen phenomenal traction from customers,” co-founder Abhiraj Bhal was quoted as saying.
UrbanClap works on two models: blue collared and white collared services. For standardised, blue collared services like electricians or home cleaning, customers can directly book and pay for the service on their app. Whereas, for white collared services, like photographers, interior designers or yoga instructors, UrbanClap makes the effort to understand exactly what customer need and hire the right professional, in client’s budget.