LogiNext scores $39 million in fresh financing round from Tiger Global and Steadview Capital
The company will use the proceeds from the latest round of fund raising to expand its presence to New York, London, and Sydney, while also doubling its workforce, with a focus on ramping up its customer success and research and development teams.
Gig economy workers may soon have to register under GSTN
The govt is looking to get professionals listed on online platforms like UrbanClap i...
How online shopping boom has created a new sector of employment
Customers using apps for shopping has meant shifting dynamics in jobs at the ...
Soonicorns like Nykaa, UrbanClap, Grofers to the rescue with 2X more jobs next year: HR firm Xpheno
HR firm Xpheno categorised 79% of tech startups, such as Lending-Kart, Nykaa, Pinelabs, UrbanClap, Practo, Zoomcar, Grofers and ShareChat, as soonicorns. The report predicts that these companies will be doubling their aggregate headcount to 36,000 next year.
Tiger Global-backed UrbanClap to enter Australia
Price points in Australia are 4-5 times of India, said co-founder Abhiraj Bhal, making it a very lucrative country to do business in while keeping technology costs under control.
Interior firm Livspace gets $60m makeover
Livspace has raised about $150 million till date, according to share allotment disclosures made by the company. It last raised $70 million in 2018, led by TPG Growth and Goldman Sachs.
UrbanClap expands services to Lucknow
The company starts operations in Lucknow with 40 trained professionals and plans to onboard more than 100 services professional in the coming months.
UrbanClap to focus on beauty and home, to shut down other non-core businesses
In its core category — beauty at home for women — which contributes 40% to revenue, UrbanClap is introducing a luxury salon at home service to compete with the high end of the market with an average order value of Rs 2,000.
Startup funding jumps 25% amid ‘bubble’ fear
The data increasingly indicates that the boom in financing is being led by midand late-stage rounds of over $50 million, and is now trickling down to even early-stage transactions.
UrbanClap gets investment from ex-Flipkart exec
UrbanClap is backed by investors like Steadview Capital, Vy Capital, SAIF Partners, Accel and Bessemer Venture Partners.
Google launches AI research lab in India along with a slew of new initiatives
Google also announced a phone line in partnership with Vodafone Idea to enable users get their queries answered in English and Hindi even on a 2G phone.
Tiger Global leads a $75 million Series E transaction in UrbanClap
This transaction was split into two parts which resulted in a share subscription by the investors and a secondary share sale by some early institutional investors.
Times Prime to offer exclusive access to Urbanclap beauty & wellness and homecare packages
Times Prime's exclusive payment partnerships with HDFC Payzapp, HDFC Times Card & Times Points can be used to purchase the Times Prime membership at up to 50% discount.
UrbanClap finds a sweet spot, FY19 revenue up 150% to Rs 116 crore
The company said the orders represented an annualised gross transaction value of about Rs 1,000 crore, and an annualised revenue run-rate of about Rs 200 crore.
Startups eye this GeM to attract new govt clients
Consumer internet firms look to gain access to country’s central and state govts, as well as PSUs.
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