UrbanClap raises $75 million in funding round led by Tiger Global
ADVERTISEMENT
Home services marketplace UrbanClap, which is planning to expand its operations, said it raised $75 million in a series E funding round led by New York-based investment firm Tiger Global.
Existing investors Steadview Capital and Vy Capital also participated in the round. The transaction comprised a primary round which involved share subscription by the investors, and a secondary share sale by some early institutional investors, the company said in a statement.
The company had raised more than ₹700 crore (about $110 million) from investors such as Accel Partners, SAIF Partners, Steadview Capital, and Bessemer Venture Partners before this round.
The Gurugram-based company, which connects people with service professionals like plumbers, electricians and beauticians, was started in 2014 by Abhiraj Bhal, Varun Khaitan, and Raghav Chandra. The company said it has since added 20,000 exclusive service professionals to the platform across 10 cities in India, Dubai and Abu Dhabi.
July 2025
In the world’s youngest nation—where over 65% of the population is under 35—India’s future is already being shaped by those bold enough to lead it. From boardrooms to breakout ideas, a new generation of business leaders is rewriting the rules. This year's Fortune India’s 40 Under 40 celebrates these changemakers—icons in the making like Akash Ambani, Kaviya Kalanithi Maran, Shashwat Goenka, Parth Jindal, Aman Mehta, and Devansh Jain—who are not just carrying forward legacies but boldly reimagining them for a new era. Alongside them are first-generation disruptors like Sagar Daryani, scaling Wow! Momo with a vision to take ₹100 momos to 5,000 cities, and Palak Shah, turning the Banarasi weave into a global fashion story with Ekaya Banaras. These are the entrepreneurs turning ambition into scale. And even beyond traditional industry, the entrepreneurial wave is pulling in creative forces—Ranveer Singh, for instance, is shaking up wellness and nutrition with Bold Care and SuperYou, proving that passion, backed by purpose, is the new blueprint for building brands.
In an interview with Fortune India, the company had said it wants to expand its base to 10 more cities in India in this financial year. UrbanClap is also in the process of identifying one more international market outside of West Asia.
Find a detailed story on UrbanClap in our June 15-Sept. 14 special issue.
Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.