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Ratan Tata Invests in Services Firm UrbanClap

Ratan Tata Invests in Services Firm UrbanClap 4y4zp

By Indo-Asian News Service | Updated: 11 December 2015 10:58 IST

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Leading multi-utility services provider UrbanClap on Thursday announced that Tata Sons chairman emeritus Ratan Tata had invested an unspecified amount in it in his personal capacity.

"Tata's personal investment in our unique start-up is a testament to the market opportunity and calibre of our team, which is building a valuable marketplace," the Gurgaon-based UrbanClap said in a statement in New Delhi. 1j4147

As a marketplace to hire professionals for local services, the over-year-old startup offers about 80 types of services in six places - Bengaluru, Chennai, Hyderabad, Mumbai, Delhi NCR (National Capital Region) and Pune - across the country.

The enterprises enables customers to get services of various traders such as plumbers, electricians, carpenters, a beautician, a yoga trainer, a math tutor or a wedding photographer.

About 25,000 professionals in diverse occupations are ed with the firm, co-founded by Abhiraj Bhal, Varun Khaitan and Raghav Chandra in October 2014.

"We are well positioned to create thousands of jobs for service professionals and spawning a new breed of micro-entrepreneurs," the company claimed.

Prior to Snapdeal co-founders Rohit Bansal and Kunal Bahl.

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