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.
Urban Company is one of the newest unicorns in India and its app has become the buzzword for home service requirements. Learn why they are part of Fortune India's 40 Under 40 this year.
Home and salon services provider Urban Company’s revenues dropped to nearly zero during the lockdown. But, now, business is booming and it has its eyes firmly set on an IPO in the next few years.
India saw a dozen startups reach unicorn status last year, but it was a rough year for business overall. Budget 2021 seems to recognise this and offers a slew of incentives to mitigate the problem.
Founder and CEO Vijay Shekhar Sharma says Paytm’s technologies are not just for emerging markets, but for developed markets, too. However, India remains the focus.
