Abhiraj Bhal, co-founder of UrbanClap said, our aim is to empower millions of professionals to deliver services at home like never experienced before. In the last financial year, we took great steps to fulfill that mission, improving our capabilities in the selection, on boarding, training, and certification of service professionals. Additionally, we also invested in areas like technology, product procurement, financing and establishing our market leadership.”
UrbanClap has elaborated its capabilities to fulfill three times the service orders as compared to last year, totaling to 3.3 Million service orders in FY19. The total transaction value of orders stood at about INR 400Crore, as compared to INR 130Crore in FY18. In April 2019 Company has fulfilled 620k orders that resulted in the company’s annual run rate of 7.4 Million service orders for FY19. Further, UrbanClap’s annual gross transaction value of orders stood at around INR 1,000 Crore, while its annual revenue run rate was pegged at about INR 200 Crore. UrbanClap came into action in 2014 by Raghav Chandra, Abhiraj Bhal and Varun Khaitan. It offers several services including appliance repair, cleaning, painting, carpentry, beauty and massage, and plumbing.
