 "Illustration by Ajay Mohanty")
Gurugram-based local service delivery app UrbanClap has raised $75 million worth of Series-E funding in a round led by US-based Tiger Global Management. Some existing investors also participated in the round.
"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," said the company. UrbanClap's existing investors include venture capital firms Bessemer Venture Partners, SAIF Partners, Accel Partners and Ratan Tata.
UrbanClap runs its home services platform in India and expanded to UAE earlier this year. The company
