Home services startup UrbanClap rebrands as Urban Company

UrbanClap founder Abhiraj Bhal. Photo: Pradeep Gaur/Mint

Home services startup UrbanClap, which has now expanded to Australia, Singapore and the UAE, today announced that it has renamed itself as Urban Company.

The new umbrella brand captures the company’s ambition to be a horizontal gig marketplace with a global footprint across categories like beauty & wellness and home repairs & maintenance.

Urban Company co-founder Abhiraj Bhal said it is important to have a brand that is globally acceptable. “From the neighbourhoods of Darling Harbour in Sydney to the condominiums of Gurgaon, Urban Company is a simple name with universal appeal. What remains unchanged is our commitment to offer reliable and affordable services at home,” Bhal said in a statement. This is enabled by working closely with our service partners, helping them with up-skilling, financing, insurance, product procurement etc., transforming them into micro-service entrepreneurs, he said.

Urban Company, which was launched in Delhi in November 2014 with a handful of service professionals as UrbanClap, now claims to be India’s and the UAE’s largest home services company. During the last five years, it has expanded to three countries — Australia, Singapore and the UAE — from India. With a fleet of more than 25,000 trained professionals across the four countries, it has served over 5 million households so far.

The startup offers services related to salon, makeup, spa massages, grooming, repairs, cleaning, painting, pest control, etc. It also offers fitness and yoga services at home.

For the financial year ended 31 March 2019, the company’s gross revenue more than doubled to ₹116 crore, from ₹46 crore in the previous year, even as its operating loss rose 26% to ₹72 crore, compared to a year ago, Mint had reported earlier.

This article was first published on livemint.com

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.