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Urban Company becomes India’s latest unicorn startup through $188 Million Series F funding

Urban Company becomes India’s latest unicorn startup through $188 Million Series F funding

The funding round led by Prosus saw the participation of DF International and Wellington Management

The company, in 2019, had reached a $933 Million valuation via a Series E funding

It reported a revenue of Rs INR 256.4 Cr in FY20, with losses mounting up to Rs 137.8 Cr

Formerly known as ‘Urban Clap’, the startup is an Indian gig marketplace offering home services

This includes beauty and massage, appliance repair, plumbing, carpentry, cleaning and painting

The startup was ranked one of the best firms for gig economy workers, above Zomato, Swiggy and Uber

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