The co-founders of Urban Company, the home services marketplace, believe that raising venture funding is very similar to taking a loan and startup founders must treat it as someone else’s money.
The country’s largest home services marketplace is adding more services and is expanding its price range to appeal to both the mass and luxury consumer.
The Gurugram-based home services startup is adding 3,000 to 4,000 service partners per month to its platform; aims to expand to 100 cities in India by December 2022.
In barely five years, Abhiraj Bhal, Varun Khaitan, and Raghav Chandra have made UrbanClap the go-to platform for urban Indians looking for anything from pedicures to painting houses.
The company, which is looking to expand operations, has raised about $110 million in total from investors such as Accel Partners, Steadview Capital, and Bessemer Venture Partners before this round.
