The latest financing will be used to expand to new cities, invest in technology and add new vendors, said a Mint report citing UrbanClap founder Abhiraj Bhal. “The new round of capital gives us the elbow room to invest in core areas of our business such as supply on-boarding at scale, training, building spares and parts inventory, etc. This will help us firmly cement our market leadership position,” Bhal added.
UrbanClap secures US$21M to connect you with local services providers in India; IPO on the anvil — e27
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