On a unit level, Urban Company spent Rs 2.18 to earn a single rupee of revenue. Annual losses booked by the company surged by 61% YoY to Rs 249.3 crore in FY21 as compared to Rs 155.2 crore during FY20.
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Is Urban Company a unicorn?
Urban Company is one of the newest unicorns in India and its app has become the buzzword for home service requirements. Learn why they are part of Fortune India’s 40 Under 40 this year. For the full 40 Under 40 list, click here. The seven-year-old startup raised $190 million in April, catapulting it to unicorn status.
Also Why Urban Company is in loss?
On-demand home services marketplace Urban Company’s net loss widened to Rs 249.28 crore in 2020-21 (FY21) from Rs 155.18 crore in 2019-20 (FY20) as the company’s employee benefit expenses soared more than 60%, the company’s filings with the Ministry of Corporate Affairs (MCA) show.
What is the valuation of BYJU’s? Byju’s, currently valued at about $21 billion, is seeking a valuation of over $45 billion and looking to raise as much as $4 billion, the person said, requesting anonymity as they are not authorized to speak with the press.
What is the valuation of Ola?
Indian ride-hailing giant Ola has raised $139 million at a valuation of about $7.3 billion, it said in a filing, ahead of its plans to file for an initial public offering early next year.
What is the valuation of Swiggy? At a $10.7 billion valuation, Swiggy has surpassed the valuation of its 13-year-old chief rival Zomato, which went public last year and whose market cap has shrunk to less than $10 billion.
How many employees does urban clap have? Since inception, Urban Company has built a network of 40,000+ trained service professionals, and served over 5 million customers across major metropolitan cities of India, Dubai, Abu Dhabi, Sydney and Singapore.
What is the valuation of Flipkart? Flipkart said on Monday it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate as it works to list in the public markets as soon as early next year.
What is the valuation of Unacademy?
The latest fundraise takes the valuation of Unacademy Group to $3.44 billion.
In which country BYJU’s is made? BYJU’S is an Indian multinational educational technology company, headquartered in Bangalore. It was founded in 2011 by Byju Raveendran and Divya Gokulnath.
What is the valuation of MPL?
Mobile Premier League was founded in: 2018
Esports and skill gaming app Mobile Premier League (MPL) has become India’s latest startup unicorn, raising funds at a $2.3 billion valuation in Series E financing.
Who founded Ola? Ola was founded in Dec 2010 by Bhavish Aggarwal and Ankit Bhati with a mission to build mobility for a billion people.
Who is the Swiggy owner?
Swiggy
| Type of business | Private |
|---|---|
| Headquarters | Bangalore, Karnataka, India |
| Area served | 300+ cities across India |
| Founder(s) | Sriharsha Majety Nandan Reddy Rahul Jaimini |
| Key people | Sriharsha Majety (CEO) Rahul Bothra (CFO) Dale Vaz (CTO) |
Is Swiggy making money?
Swiggy acquires another major part of the revenue stream from commissions. It collects commissions from restaurants to generate sales leads and to deliver their food items through Swiggy’s fleet. Restaurants have to pay 15% to 25% on every order placed from Swiggy’s website.
Who is the competitor for Urban Company? Urban Company’s top competitors include Housejoy, Narchie, Kandua and Mutlubiev.
Is UrbanClap Chinese company? 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.
How does Housejoy make money?
Housejoy works on a marketplace business model wherein they charge commission for the services delivered through their platform. The commission ranges from 5% to 15% depending on the category. Customers can choose a service from either their website or mobile app and book the same.
Is Sachin Bansal a billionaire? Sachin Bansal (born August 5, 1981) is an Indian entrepreneur. He is best known as the co-founder of Flipkart, that was acquired by Walmart (77 per cent stake) at $16 billion in 2018. During his over 11 year career at Flipkart, Bansal was CEO and chairman.
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| Sachin Bansal | |
|---|---|
| Spouse(s) | Priya Bansal |
How much is Paytm worth?
Paytm was valued at $16 billion when it raised $1 billion in a funding round led by US asset manager T Rowe Price along with participation of existing investors Ant Financial and SoftBank Vision Fund, according to an ET report on November 25, 2019. It was the largest amount raised by an Indian startup that year.
What is the valuation of PhonePe? According to Fintrackr’s estimates, PhonePe has been valued in the range of $5.5-5.7 billion, making it the second-largest valued consumer-facing fintech firm after Paytm which was valued at $16 billion during its last private funding round.
Who is funding BYJU’s?
Edtech giant, Byju’s is raising ₹2,200 crore funding from Oxshott Venture Fund, along with the participation of Edelweiss Private Investments Trust, Verition Multi-Strategy Master Fund, IIFL Private Equity Fund, XN Exponent Holdings, and MarketX Ventures, among others.
Who funded Vedantu? Bengaluru: Edtech startup Vedantu has raised $100 million in a new funding round led by Temasek-backed impact investing fund ABC World Asia, catapulting it into the unicorn club. Existing investors such as Coatue Management, Tiger Global, GGV Capital and WestBridge Capital also participated in the fundraising.
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