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So, you have that decisive client presentation at 9 tonight, and your hair is a mess. The salon has just canceled your appointment, it is 3 pm and all other salons are either shying away from new customers or have their slots full. The lockdown and the entire hairdressing world have been conspiring against you, right? Well…maybe. But the conspirators do not know that you have a secret weapon up your sleeve—UC. UC? You see? Ohhh wait! You mean the Urban Company!
Urban what?
Urban Company—formerly known as Urban Clap, has been helping people with chores at home since their inception in 2014. A brainchild of Varun Khaitan and Abhiraj Bhal—two classmates from IIT Kanpur and Raghav Chadra—an engineering graduate from the University of California, urban Company offers verified and trained service providers that offer you quality services at home for fixed prices. The three had gotten together to create an online store but instead found themselves looking for a solution to bridge the gap between those who needed something done, and those who could do it for them.
How does Urban Company work?
For example, our panic-attack causing the hair-crisis mentioned above can easily be addressed by Urban Company. All you need to do is install their intuitive mobile app, select the service(s) you need, choose a provider, and a time slot—and bob’s your uncle! Services
provided by the Urban Company are not limited to hairdressing—nearly everything you can think of, from pest control to AC service, transportation, salon at home, massages, electrical repair, plumbing services, and many more can easily be booked from the comfort of your home.
How did Urban Company become so successful?
Urban Company targeted the problems of both customers and service providers. Customers had problems with unreliable service providers, and service providers had problems with timely payments and unrealistic customer expectations. This business model fits our busy lifestyles, our gripes with exploitative, and unreliable service providers. Coupled with the need to have everything on our mobile phones made Urban Company the perfect match for nearly everyone. As quality, timeliness, safety, and security were taken care of by Urban Company, their popularity rose quickly and has helped them catapult themselves from a seed-funded company to a near unicorn status that they enjoy today.
Service providers also found Urban Company to be a solution for their problems. They were trained by Urban Company to offer better services, accept or reject job requests according to availability and proximity, and get paid in time. This helped them stabilize their monthly income, which was earlier reliant on word of mouth or through shopkeepers who would charge unrealistic margins from them. Urban Company has also helped your neighborhood handyman to now become a Pro, which has helped in their upliftment.
How does Urban Company maintain service quality?
Urban Company verifies each service provider that signs up on their platform for their customer’s safety and security. This is done through thorough background checks and police verification of those who sign up. Service quality is maintained through mandatory training, impeccable customer service, and a quality guarantee. During the lockdown, strict implementation of safety SOPs has further strengthened customer belief in Urban Company.
What is the business model of Urban Company?
Urban Company works on a two-pronged approach to generate revenue. These include:
1. Commission
Generating nearly 85% of the total revenue of Urban Company, their commission-based services are their bread and butter. For example, in our haircut-crisis scenario, you would choose a hairdresser and pay for the service online. Urban Company will pay the service provider after deducting a minor service charge, which can range from 10-20% of the total service cost.
2. Lead generation
Accounting for around 15% of Urban Company’s revenue, their lead generation services are aimed at professionals such as photographers, wedding planners, dieticians, and their ilk. The requirements of the customer are posted on the app. These requirements are then routed to various service providers as leads, who then need to pay Urban Company to contact the customer. Once they pay Urban Company, they then proceed to make an offer to the prospective customer. The fee is retained by Urban Company whether the service provider can convert the customer or not.
Note: Wedding services, photography, and other non-core businesses are no longer a part of Urban Company’s portfolio since late 2019 as the company is increasingly focusing on its core services. A third, yet very minor source of revenue for Urban Company is advertisements (sponsored listings), where service providers pay a fee to be listed on the top of search results. Has Urban Company acquired other players?
Yes. Backed by Accel Partners, Steadview Capital, Vy Capital, and Tiger Global Management, Urban Company has been able to make strategic investments to acquire some key players that both bolstered their service offerings and helped them expand their reach to newer
markets.
In January 2016, Urban Company acquired HandyHome—an after-sales service platform in an equity swap deal. This boosted Urban Company’s portfolio to include service requests. Their next acquisition came in August 2016, when they acquired a Delhi-based concierge
service called Good service. Their third acquisition in March 2020 helped them to start offering Urban Company’s services in Australia. Urban Company acquired Glamazon—a Sydney-based on-demand beauty startup. These acquisitions have bolstered Urban Company’s portfolio and have helped them expand their service offerings and coverage.
What about their funding? Is Urban Company in profit?
We’re glad you asked. Urban company was initially started with initial funding of INR 10 Lakh by the founders, which was added to by funding of an undisclosed sum by Ratan Tata. Since then, Urban Company has seen 5 funding rounds generating a total of $185.9M—of
which the latest (Series E) were by Tiger Global Management and Vy Capital.
Funding rounds
Urban Company has secured a total of $185M in funding in 9 rounds until 2019. These include:
- April 2015: Seed Funding: $1.6M—SAIF Partners, ACCEL Partners and Snapdeal
- June 2015: Series A: $10M—SAIF Partners and ACCEL Partners
- Nov 2015: Series B: $25M—Beesemer Venture Partners, SAIF Partners and ACCEL partners
- April 2017: Debt Financing: ₹ 200M ($3.13M)—Trifecta Capital Advisors
- June 2017: Series C–$21M—Vy Capital, SAIF Partners, Bessemer Venture Partners, ACCEL Partners
- Nov 2018: Series D: $50M—Steadview Capital, Vy Capital
- Aug 2019: Series E: $75M—Tiger Global, Steadview Capital, Vy Capital
Current financial position
Urban Company had a market valuation of over $933M in 2019, inching close to the unicorn club. However, the company’s FY19 filings indicate that with a revenue of ₹1411.5M and an expenditure of ₹2115.5M, the year ended at a loss of over ₹700M. This led to Urban Company trimming down their service range to beauty and home and planning a foray into high-end luxury salon-at-home services.
Viability and job creation
With over 500,000 requests being served per month, Urban Company is showing no signs of slowing down. The COVID-19 pandemic was hard on localized service providers of all kinds. Urban Company helped many professionals tide over these times of crisis by giving them
proper training, helping them with screenings and sanitization to ensure quality services to their customers. This led to an increase in their revenue even during the lockdown and helped many families tide through this time of crisis.
With over 25,000 trained professionals, over 5 million happy customers in 22 cities across 4 countries, Urban Company has its eyes set on growth. Urban Company helps skilled professionals reach Pro levels through intensive training modules before they can get listed on the platform. With a highly selective onboarding procedure and a mission to empower millions of service professionals by upskilling and offering service-at-home uniquely has catapulted them to the trust and perception that they enjoy today.
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Сайт должен содержать только уникальные материалы, это текст и картинки
ОБЯЗАТЕЛЬНО ссылочный профиль через сайты статейники и напрямую на главную страницу
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在線娛樂城的天地
隨著互聯網的飛速發展，在線娛樂城（線上賭場）已經成為許多人休閒的新選擇。線上娛樂城不僅提供多元化的游戲選擇，還能讓玩家在家中就能體驗到賭場的興奮和樂趣。本文將研究在線娛樂城的特點、利益以及一些常見的游戲。
什麼線上娛樂城？
網上娛樂城是一種經由互聯網提供賭博游戲的平台。玩家可以經由電腦、手機或平板電腦進入這些網站，參與各種博彩活動，如撲克、輪盤、21點和老虎机等。這些平台通常由專家的程序公司開發，確保游戲的公正性和安全。
網上娛樂城的利益
便利：玩家不需要離開家，就能享受博彩的樂趣。這對於那些居住在遠離的實體賭場地區的人來說尤為方便。
多元化的遊戲選擇：線上娛樂城通常提供比實體賭場更豐富的游戲選擇，並且經常更新游戲內容，保持新鮮感。
好處和獎勵計劃：許多網上娛樂城提供豐富的獎勵計劃，包括註冊紅利、存款獎金和忠誠度計劃，吸引新新玩家並激勵老玩家不斷遊戲。
安全性和隱私性：正當的網上娛樂城使用先進的的加密技術來保護玩家的個人信息和金融交易，確保遊戲過程的安全和公平。
常見的網上娛樂城遊戲
撲克：撲克是最受歡迎的賭錢游戲之一。網上娛樂城提供多種撲克變體，如德州扑克、奧馬哈和七張牌等。
賭盤：輪盤是一種經典的賭場遊戲遊戲，玩家可以賭注在單個數字、數字組合或顏色選擇上，然後看轉球落在哪個位置。
黑傑克：又稱為二十一點，這是一種對比玩家和莊家點數點數的遊戲，目標是讓手牌點數儘量接近21點但不超過。
老虎机：老虎機是最容易並且是最流行的博彩遊戲之一，玩家只需旋轉捲軸，等待圖案圖案排列出贏得的組合。
總結
線上娛樂城為現代的賭博愛好者提供了一個便捷、興奮且豐富的娛樂活動。不管是撲克愛好者還是老虎機迷，大家都能在這些平台上找到適合自己的游戲。同時，隨著科技的不斷發展，在線娛樂城的游戲體驗將變得越來越越來越現實和吸引人。然而，玩家在體驗游戲的同時，也應該自律，避免過度沉迷於博彩活動，保持健康健康的心態。
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網上娛樂城的天地
隨著互聯網的飛速發展，在線娛樂城（在線賭場）已經成為許多人娛樂的新選擇。線上娛樂城不僅提供多樣化的遊戲選擇，還能讓玩家在家中就能體驗到賭場的刺激和快感。本文將探討在線娛樂城的特徵、優勢以及一些常有的游戲。
什麼叫網上娛樂城？
線上娛樂城是一種經由互聯網提供賭博遊戲的平台。玩家可以經由計算機、智能手機或平板進入這些網站，參與各種賭錢活動，如撲克牌、輪盤、黑傑克和老虎机等。這些平台通常由專家的軟體公司開發，確保游戲的公正性和穩定性。
網上娛樂城的好處
方便性：玩家不用離開家，就能體驗賭博的興奮。這對於那些住在在偏遠實體賭場地區的人來說尤其方便。
多樣化的游戲選擇：網上娛樂城通常提供比實體賭場更多的游戲選擇，並且經常改進遊戲內容，保持新鮮。
福利和獎勵計劃：許多網上娛樂城提供豐富的優惠計劃，包括註冊獎金、存款紅利和忠誠度計劃，吸引新玩家並鼓勵老玩家繼續遊戲。
安全性和保密性：正規的網上娛樂城使用高端的加密技術來保護玩家的個人資料和財務交易，確保游戲過程的安全和公正性。
常見的在線娛樂城遊戲
撲克牌：德州撲克是最流行博彩游戲之一。在線娛樂城提供各種撲克牌變體，如德州扑克、奧馬哈撲克和七張牌撲克等。
輪盤：賭盤是一種傳統的賭場遊戲，玩家可以下注在單數、數字組合或顏色選擇上，然後看球落在哪個區域。
二十一點：又稱為21點，這是一種對比玩家和莊家點數點數的遊戲，目標是讓手牌點數盡量接近21點但不超過。
老虎機：吃角子老虎是最受歡迎並且是最流行的博彩遊戲之一，玩家只需轉捲軸，等待圖案圖案排列出獲勝的組合。
總結
網上娛樂城為當代賭博愛好者提供了一個便捷、刺激且多元化的娛樂活動。不管是撲克牌愛好者還是老虎机愛好者，大家都能在這些平台上找到適合自己的遊戲。同時，隨著技術的不斷發展，線上娛樂城的游戲體驗將變化越來越逼真和引人入勝。然而，玩家在享受游戲的同時，也應該保持自律，避免沉迷於博彩活動，保持健康健康的心態。
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Exciting Breakthroughs and Beloved Releases in the Realm of Gaming
In the ever-evolving domain of interactive entertainment, there’s constantly something groundbreaking and thrilling on the horizon. From mods optimizing beloved timeless titles to new debuts in celebrated universes, the digital entertainment ecosystem is thriving as ever.
We’ll take a look into the most recent developments and a few of the renowned releases enthralling players globally.
Up-to-Date Developments
1. Innovative Mod for The Elder Scrolls V: Skyrim Improves NPC Visuals
A latest mod for Skyrim has attracted the interest of gamers. This enhancement brings realistic faces and hair physics for every (NPCs), improving the world’s graphics and engagement.
2. Total War Experience Placed in Star Wars Galaxy Galaxy in Development
Creative Assembly, renowned for their Total War franchise, is said to be creating a anticipated release set in the Star Wars galaxy. This exciting collaboration has players looking forward to the strategic and captivating adventure that Total War Games experiences are acclaimed for, at last set in a realm expansive.
3. Grand Theft Auto VI Arrival Communicated for Q4 2025
Take-Two’s CEO’s Chief Executive Officer has announced that GTA VI is scheduled to launch in Q4 2025. With the massive acclaim of its previous installment, GTA V, fans are awaiting to experience what the future iteration of this renowned brand will provide.
4. Enlargement Strategies for Skull & Bones Second Season
Creators of Skull & Bones have revealed amplified developments for the experience’s second season. This nautical adventure delivers additional updates and enhancements, sustaining gamers immersed and absorbed in the world of nautical nautical adventures.
5. Phoenix Labs Experiences Staff Cuts
Regrettably, not every developments is uplifting. Phoenix Labs, the studio behind Dauntless Experience, has revealed significant workforce reductions. Despite this challenge, the experience persists to be a popular selection across enthusiasts, and the developer keeps committed to its playerbase.
Renowned Games
1. The Witcher 3: Wild Hunt
With its compelling story, absorbing universe, and enthralling journey, The Witcher 3 continues to be a cherished title within gamers. Its intricate plot and sprawling nonlinear world continue to draw gamers in.
2. Cyberpunk
Notwithstanding a rocky release, Cyberpunk 2077 continues to be a eagerly awaited game. With ongoing improvements and optimizations, the experience keeps advance, delivering players a look into a cyberpunk setting filled with mystery.
3. Grand Theft Auto V
Despite eras after its first launch, GTA V stays a beloved option across fans. Its expansive nonlinear world, captivating plot, and online features sustain fans revisiting for additional adventures.
4. Portal Game
A iconic problem-solving release, Portal Game is renowned for its innovative mechanics and ingenious spatial design. Its demanding challenges and humorous narrative have solidified it as a exceptional title in the gaming industry.
5. Far Cry 3 Game
Far Cry is acclaimed as among the finest games in the franchise, presenting players an open-world exploration teeming with adventure. Its engrossing experience and memorable personalities have cemented its place as a cherished experience.
6. Dishonored Universe
Dishonored Series is praised for its stealth gameplay and unique realm. Gamers embrace the character of a otherworldly assassin, exploring a city rife with political danger.
7. Assassin’s Creed 2
As part of the iconic Assassin’s Creed Franchise lineup, Assassin’s Creed 2 is revered for its immersive experience, engaging mechanics, and period realms. It keeps a standout experience in the franchise and a cherished amidst enthusiasts.
In summary, the world of interactive entertainment is flourishing and fluid, with groundbreaking advan
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