UrbanClap raises USD 75 mn funding led by Tiger Global
Home services company UrbanClap on Friday said it has raised USD 75 million in funding, led by Tiger Global.
The round also saw participation from existing investors Steadview Capital and Vy Capital, a statement said.
This transaction was split into two parts -- a primary round which resulted in a share subscription by the above named investors and a secondary share sale by some early institutional investors, it added.
Recently, UrbanClap had said former Flipkart executive Mekin Maheshwari and Avaana Capital founder Anjali Bansal invested in the company.
Founded in 2014, UrbanClap operates in 10 cities in India, including Ahmedabad, Bengaluru, and Delhi-NCR, as well as Dubai and Abu Dhabi.