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.
By ET Online |
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Tiger Global has led a funding round totalling $75 million in UrbanClap, with participation from existing investors Steadview Capital and Vy Capital.
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.
Founded in 2014, UrbanClap is a home services company present in India and UAE. It operates in 10 cities in India and two international markets, Dubai and Abu Dhabi. UrbanClap partners with over 20,000 service professionals. It provides these professionals with tools, training, uniforms, financing, insurance, bank accounts and products/consumables.
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.
Founded in 2014, UrbanClap is a home services company present in India and UAE. It operates in 10 cities in India and two international markets, Dubai and Abu Dhabi. UrbanClap partners with over 20,000 service professionals. It provides these professionals with tools, training, uniforms, financing, insurance, bank accounts and products/consumables.
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