THE URBAN COMPANY- Vidushri Bagri

 

                                                      THE URBAN COMPANY

Today I am going to write about three people who had a lot of passion and through their hard work, they made a million-dollar company. Abhiraj Singh Bhal, Raghav Chandra, Varun Khaitan are the co-founders of Urban Company.

Abhiraj and Varun were working in a Boston consulting firm in the United States of America. However, they always wanted to start a venture of their own and so with a lot of courage and fire burning in their eyes, they left their jobs and came back to India. On the other hand, Raghav Chandra was working in Twitter, and came back to India almost at the same time to learn about entrepreneurship. They started their individual ventures and were not successful.

In the end, the three of them joined hands to form a company called Urban Clap (now known as Urban Company) with an investment of just 10 lakh rupees. They started with just beauty services and saw the rapid expansion of the company. Upon seeing the growth of the company, in the year 2016 they included other services like home cleaning, electronics repair and so on. At present they can proudly say that Urban Company is one of the largest online home service platforms in the world. In India, it is available in 14 cities. It is extremely famous in India and UAE but has also expanded its customer base to countries like Singapore and Australia. In January 2020, it had changed its name from Urban Clap to Urban Company to have a globally accepted brand name. Recently it announced its 6 sub brands:

(1) Urban Beauty

(2) Urban Spa 

(3) Urban Painting 

(4) Urban Grooming 

(5) Urban Repairs 

(6) Urban Cleaning 

They received a major boost in their business during the lockdown period. They saw and grabbed the opportunity and made major technological changes in the company to provide safer and quicker services to people. The profit percentage was increased by 30% during that period.

I hope you got some idea about the Urban Company and how it started from the scratch to become a unicorn company. Thank you.